Those who own a PT PMA are also allowed to sponsor as many foreign employees as desired. Foreign employees of the PT PMA who fulfill specific criteria are eligible for a company-sponsored permit. The criteria to be fulfilled which will allow a foreign worker in a PT PMA to be sponsored by the company owner are that the foreign worker must have been living and working in Indonesia for an ongoing and continuous period of at least three years and that the foreign worker must be a president director, director, commissioner, or shareholder of the company. Should the foreign worker be a director or commissioner, the foreigner must have invested a minimum of one billion rupiah in the PT PMA’s share capital before being sponsored. Any foreign shareholder of the PT PMA who is to be sponsored by the company must have invested a minimum of 10 billion rupiah in the PT PMA’s share capital before being sponsored.
Lower Import Duties
Businesses often have to import products from abroad for the conducting of their business activities. When they do so, import duties must be paid before the products can be brought into the country. PT PMAs, however, can reduce the amount of money they spend on import duties by utilizing tax benefits and other financial advantages for which they are eligible. This in turn would lead to the PT PMA being able to save significant amounts of money, thus making it more profitable.
Now that you have seen some of the privileges from which owners of a PT PMA benefit, you might be thinking of starting one yourself. If this is true, we at Paul Hype Page & Co are willing to be of service to you. Our incorporation specialists will work with you so that your new PT PMA, or any other desired business entity, to be established in Indonesia will be set up in the proper manner. We will ensure that you do not encounter any unnecessary difficulties during the incorporation process.