Monday, April 9, 2012

 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).

No comments:

Post a Comment