Permits and Approvals on Investment Procedures in Indonesia
1. Approval Letter for Domestic Investment (SP-PMDN),or Approval Letter of Foreign Direct Investment (SP-PMA).
This approval letter issued as a principle approval for making investment and it will be used for arranging other implementing permits either issued by central or regional government.
2. Implementation of the Investment Agreement include:
Limited Importer Identification Number (issued by BKPM on behalf of the Minister of Trade). - Expatriate Placement Plan/RPTK (issued by BKPM on behalf of the Minister of Manpower and Transmigration).
- TA.01 (issued by BKPM on behalf of the Minister of Manpower and Transmigration).
- Permit of Foreign Employee Recruitment/ IMTA (issued by BKPM on behalf of the Minister of Manpower and Transmigration).
- Approval/Permission Letter (SP) of Customs of capital goods/raw materials (BKPM on behalf of the Minister for Finance).
- Article of Association (Ministry of Justice and Human Right).
- Tax Payer Identification Number/NPWP (Minister of Finance cq. Directorate General of Tax).
- Limited Visa Card / KITAS (Ministry of Justice and Human Right cq. Directorate General of Immigration).
- Technical Recommendation from Ministry of Agriculture to process business permit in agricultural sectors (plantation, horticulture, food crop, and livestock).
- Land Rights includes “Land Use Right/HGU” and “Building Use Right/HGB (Land Affair Agency/BPN).
- Permanent Business Permit (BKPM, process after the company start to produce commercially).
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