The requirement for deed establishment of domestic investment company (PT - PMDN)

Based on act 40th of 2007 constitution, the general requirements for establishing new domestic investment company (PT - PMDN):

• The company must have at least one director and one commissioner as the person-in-charge of the company.

• Company owners must be citizen of Indonesia (WNI) or business entities established by Indonesian law.

• Have at least Rp.50.000.000 for the company's authorized capital with minimum paid-up capital 25% of the company's authorized capital.

• Copies of owner’s and administrator’s identity card with at least two pieces each.

• Copies of director or person-in-charge family card (KK).

• Two pieces of company's person-in-charge color passport photo.

• Company's person-in-charge Tax ID number (NPWP).

• If own property office/plant, be evidenced with copies of property certificate and recent property tax (PBB).

• If rent property office/plant, be evidenced with lease agreement between tenants and property owners.