Setting up a Business in Bali
Why Invest in Indonesia, and where does one start?
Indonesia is a robust and emerging market, in fact one of only markets that showed steady growth during the global economic crisis of 2008. Among the 17,000 over islands of Indonesia, Bali remains the stronghold market for Tourism and Accommodation. Many foreign companies also operate successful businesses in Bali – in a variety of other sectors such as trading, manufacturing, restaurant and the service industry.
TRADING & INDUSTRY
RESTAURANT & CAFE
HEALTH & WELLNESS
Book a consultation and understand critical business matters such as
How can I own a business in Bali? What businesses in Bali are open to foreign investment? When can I start working in my company? How do I file business taxes once the company is set up? What is the investment capital for a PMA (Foreign Investment Company) or PT. Local (Local company)?
In an effort to remove red tape in administrative matters, the Indonesian Government introduced the Online Submission System (OSS) in July of 2018 to simplify the corporate licensing process. This impressive feat has attracted over 7000 foreign investors in the first month of its launch, allowing Indonesia to advance 5 places to number 36 in the world’s competitiveness Index.
Despite all the aforementioned, business permits are still a confusing and hazardous undertaking, in particular to new investors and Bali business owners who lack experience with Indonesian law and regulations. Indonesia also has cultural peculiarities which, to an outsider, can make matters even more complex.
CCI’s team of legal, tax and business advisors are here to bridge the relationships between you and local land owners, village chiefs, and the local authorities. Citra Consultant Indonesia is here to assist you in setting up your business in Bali legally, with all the necessary documentation needed to ensure your success.
Ready to start your business in Bali? Let's Talk More
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We invite you to contact our team to learn more about how we can help meet your business’s needs.