Business Opportunities in Yogyakarta
Yogyakarta is probably an under-rated city with a beautiful landscape, emerging workforce, welcoming business environment and developing infrastructure. Overall, Yogyakarta is a flourishing city, waiting to be explored.
Apart from providing business consultation services, MAM Corporate Solutions assists businesses with various business licenses and compliance. If you wish to import other products into Indonesia or establish company in Indonesia, you can read the following useful articles.
Attractive Business Sectors in Yogyakarta
Continuously improving infrastructure and transportation system, coupled with low living costs has made Yogakarta a city with thousands of business possibilities. The most attractive sectors would be high technology, digital ecosystem, arts and crafts, tourism, seafood products, culinary, and fertilizer industry. Districts, such as Bantul, Kotamadya, Gunung Kidul, Kulon Progo, and Sleman, are suitable for investment.
Company establishment options
Business needs to choose the right legal entity before proceeding with its incorporation and legal operation in Indonesia. Below are commonly available options for foreign investors in Indonesia (please contact us, should you need assistance in determining which entity is the most suitable for you:
- Wholly owned by Indonesian citizens or Local Indonesian Companies
- Low minimum investment capital requirement
- Foreigners may sign a local nominee agreement, a contract with a local shareholder to represent ownership/shareholding in the PT Local.
- Sectors are not restricted under Negative Investment List (NIL).
For more details about how to setup a Local Indonesian Company, what are the requirements and how MAM Corporate Solutions can help you to setup this PT Local, please click here. If you do not have local Indonesian shareholders and need nominee shareholders, MAM Corporate Solutions can provide professional nominee services. For more details about nominee services, please click here.
- May be owned by foreigners, however the percentage of ownership depends greatly on Negative Investment List (NIL).
- Allowed to sponsor business visa and work permit applications
If you want to establish a Foreign-owned company in Indonesia, click here for more details about the requirements and how MAM Corporate Solutions can assist to establish a Foreign-Investment Company in Indonesia.
- Good for market survey, research and making a presence before setting up a full Local Indonesian Company or Foreign Investment Company.
- No revenue-generating activities are permitted
If you are not sure if Indonesia is a suitable place for your business, you can first setup a Representative Office to enable you to conduct business research, survey and marketing activities before establishing a limited liability company. Click here if you want to know more about how MAM Corporate Solutions can assist you to setup a Representative Office in Indonesia.
Business visa for Indonesia
Business visa is suitable for foreigners who would like to have a short visit to Indonesia frequently, as the visa is valid for one year allowing unlimited number of visits. With this, a foreigner can explore and survey Yogyakarta, participate in workshops and seminars, build relationships and networks, as well as negotiate and sign contracts. However, hiring employees or making profits are not allowed.
Other options of visas available for foreign employees and investors intending to come to Indonesia for work or business purposes are:
How MAM Corporate Solutions can help?
As mentioned above, there are many things to take care of when setting up a business in Yogyakarta, Indonesia. MAM Corporate Solutions can help you from deciding which legal entity that will suit your business the most to applying a suitable visa in Indonesia.
Contact MAM Corporate Solutions
If you are in need of assistance in business consultation, you can contact our expert anytime by Clicking here or provide below as much detail about your inquiry as possible to receive the most relevant response.