Set Up a Company in Bali: Sectors and Ownership Rules
How to set up a company in Bali: the sectors behind its economy, which business lines foreign investors may own, and the four steps to get started.
- Bank Indonesia — Laporan Perekonomian Provinsi Bali, February 2026: Bali's economic growth in 2025, realised investment in 2025 (citing the Ministry of Investment/BKPM), and Ngurah Rai airport passengers and capacity
- Bank Indonesia — release No. 28/28/DKom, 5 February 2026, national economic growth in 2025
- BPS Provinsi Bali — Perkembangan Triwulanan Ekonomi Provinsi Bali Triwulan IV 2025 (2026): structure of the economy in the fourth quarter of 2025, and foreign tourist visits in 2025
- BKPM, realised investment by province, second and third quarters of 2025 and second quarter of 2026 — medium and large businesses only
- Perpres No. 10 Tahun 2021 as amended by Perpres No. 49 Tahun 2021 — the investment list, Lampiran II (entries 48, 55, 56 and 57) and Lampiran III
- Permeninves/BKPM No. 5 Tahun 2025 — Article 26, PT PMA investment value and paid-up capital
- PP No. 28 Tahun 2025 on risk-based business licensing, in force 5 June 2025 — Articles 14 to 18, the location check through OSS
- Perda Provinsi Bali No. 4 Tahun 2026 — Article 13, protection of designated productive farmland, in force 24 February 2026
To set up a company in Bali as a foreign investor, you set up a PT PMA, a limited liability company with foreign shareholders, in the same way as anywhere else in Indonesia. Most of what foreign investors want to run in Bali is open to them: hotels, restaurants and cafés, and software and digital services.
Bali’s economy runs on its visitors, and foreign investors supply around half of the investment it receives, or more. The sections below cover why investors choose Bali, its main sectors, which business lines are open and the steps to get started.
Why Bali
Bali’s economy grew 5.82% in 2025, up from 5.48% in 2024 and ahead of Indonesia’s 5.11% (Bank Indonesia, Bali economic report, February 2026). The island received almost 7 million foreign tourist visits in 2025, and Australia is its largest market, with 24.99% of foreign visits in the fourth quarter (BPS Bali). Ngurah Rai airport handled about 24 million passengers in 2025 and has capacity for 32 million (Bank Indonesia).
In the second quarter of 2026 foreign investors put IDR 5.9 trillion into Bali, more than half of the province’s IDR 10.5 trillion total. Most of it went into hotels and restaurants, property and services, and most of it to Badung, followed by Denpasar and Gianyar. Investors came from Australia, Singapore, France and many other countries. These figures cover medium and large businesses only (BKPM).
Bali’s main sectors
- Accommodation and food 22.1%
- Agriculture and fisheries 13.02%
- Transport and warehousing 9.98%
- Construction 9.13%
- Wholesale and retail trade 9.03%
BPS Bali, Perkembangan Triwulanan Ekonomi Provinsi Bali Triwulan IV 2025, figure 1.2. Fourth quarter of 2025.
Accommodation and food service is the largest part of Bali’s economy by a wide margin, at 22.10% in the fourth quarter of 2025, and hotels and restaurants are also where much of the foreign investment goes (BPS Bali; BKPM). Farming, forestry and fisheries come second, at 13.02%.
Transport and warehousing, at 9.98%, and wholesale and retail trade, at 9.03%, are the next largest service sectors, and BPS Bali describes both as supporting the island’s tourism. Construction makes up 9.13%, and property has been one of the largest destinations for foreign investment in recent quarters (BPS Bali; BKPM).
Which business lines are open to foreign investors
Before you set up a company in Bali, OSS checks the business line against Indonesia’s investment list, Perpres 10/2021 as amended by Perpres 49/2021. For the lines most investors in Bali have in mind, the list sets no ownership ceiling. A small number are kept for co-operatives and small businesses.
| Foreign ownership | Condition | |
|---|---|---|
| Hotels and resorts | Open | Hotels of two stars and above |
| Food and drink | Open | Restaurants, cafés and catering |
| Software and digital | Open | Software, apps, IT services and digital agencies |
| Small accommodation | Reserved | Villas, homestays, guest houses and one-star hotels are kept for co-operatives and small businesses |
| Travel and tours | Reserved | Travel agencies and tour guides, on the same list |
| Salons and barbers | Reserved | Beauty salons and barbers, on the same list |
“Open” means the investment list sets no ceiling (Perpres 10/2021, as amended, Lampiran II and III). Each business still needs the licence for its own line, and MAM confirms the ownership position and the business code before anything is filed.
How to set up a company in Bali, step by step
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Confirm the business code
The KBLI code, Indonesia's business classification, for what you will actually do decides whether foreign ownership is open and which licence follows.
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Set up the PT PMA
You register the company online through OSS (Online Single Submission), the government's licensing system, as you would anywhere in Indonesia.
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Get the licence for the line
OSS licenses low-risk activities as part of the registration. Medium and higher-risk activities meet further requirements first.
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Bring the team in
Foreign shareholders, directors and staff live and work in Bali on permits the company sponsors.
A PT PMA needs a planned investment of more than IDR 10 billion and at least IDR 2.5 billion of paid-up capital (Permeninves/BKPM 5/2025, Article 26). MAM handles the PT PMA setup from the business code onwards, so there is no Bali-specific registration for you to work through.
It is worth checking a site’s zoning before you commit to it. OSS checks every business location against the local spatial plan (PP 28/2025, Articles 14 to 18, in force since 5 June 2025), and Bali protects the farmland its plans designate (Perda Bali 4/2026, in force 24 February 2026).
For your team, an investor KITAS, a limited stay permit (Kartu Izin Tinggal Terbatas), covers a shareholder whose holding qualifies, and a work permit KITAS covers each foreign employee. The other permits are set out in Indonesia’s visa categories.
What this means for you
Bali suits a business that serves its visitors and the economy around them: hospitality, food and drink, and digital services, all open to foreign owners. The company itself is a standard PT PMA. What is particular to Bali is choosing an open business line and a site zoned for it.
If you are weighing whether to set up a company in Bali or elsewhere, the choice between a PT PMA, a local PT and a representative office is compared in business opportunities in Yogyakarta. For the national picture, see where foreign capital is flowing across the country.