Being the largest economy in the South East Asia and one of the emerging economies in the world, Indonesia had received popular attractions for foreign investors all around the world. In 2019, its overall score has increased by 1.6 points, with sharp increases in business freedom, investment freedom, and judicial effectiveness outpacing declines in monetary freedom and labor freedom. In this article, you would be able to gather sufficient information as to what are the companies in Indonesia that receive the most foreign investment.
Foreign Owned Company (PT PMA)
A foreign owned company is also known as Perseroan Terbatas Penananam Modal Asing (PT PMA) in Bahasa Indonesia. In Indonesia, a PT PMA company is considered to be a Limited Liability Company. Besides that, this type of company can either be 100% foreign-owned or it can also be established by through a joint venture with Indonesian partners subject to the Negative Investment List (Daftar Negatif Investasi (DNI)) as it will stipulate as to what business sectors would be open to foreign investments in Indonesia as well as the percentage of foreign ownership permitted upon that business sectors.