company-formation

How to Set Up a Yayasan in Indonesia: Boards, Capital and Approvals

How to set up a yayasan in Indonesia: the three boards and who may sit on them, what foreign founders must contribute, and the steps from deed to NPWP.

Jurisdiction
Indonesia
Last reviewed
8 Sept 2026
References
  • Law No. 16/2001, as amended by Law No. 28/2004 — Foundations
  • Government Regulation No. 63/2008, Art. 6 — initial assets
  • Law No. 17/2013, Art. 47 — Social Organisations (ORMAS), foreign foundation thresholds
  • PMK 68/PMK.03/2020 — treatment of surplus in education and research non-profits

To set up a yayasan is to create a legal entity with no owners. A company such as a PT PMA exists to return profit to its shareholders; a foundation has none, and its surplus stays inside it, applied to the purpose written into its deed. That single difference drives everything below — who may sit on its boards, what the founders must contribute, and which approvals stand between a draft deed and a foundation that legally exists.

Foreign founders can establish one. The conditions are stricter, and they are set out below rather than buried.

Who may sit where

A yayasan has three boards, not one. They are not interchangeable, and the rules on foreign participation differ for each.

The three boards, and what each requires
Board of Trustees (Pembina)Board of Management (Pengurus)Board of Supervisors (Pengawas)
What it does Holds the highest authority. Sets direction and guards the purpose.Runs the foundation day to day — chair, secretary, treasurer.Oversees management and checks compliance.
Foreign nationals PermittedPermitted, with one exception belowPermitted
If resident in Indonesia Limited stay permit (KITAS) requiredKITAS and a work permit requiredKITAS required
Indonesian national required NoYes — at least one key roleNo

One person, one board

No individual may serve on more than one of the three boards. It is the rule that most often invalidates a board list already drafted — a founder who intends to chair the trustees and also run operations has to choose.

Can board members be paid?

The trustees and supervisors serve unpaid. Members of the board of management may draw a salary where they work full time for the foundation and are not closely related to other board members.

What the founders must put in

IDR 10m
Indonesian founders
IDR 100m
Foreign founders, under the Foundations Law
IDR 1bn
A foreign national foundation, under the ORMAS Law

The figure depends on which law you set the foundation up under, and this is where most published guidance goes wrong. Two routes exist and they are not interchangeable.

Under the Foundations Law (Law 16/2001 and Government Regulation 63/2008), an Indonesian founder separates a minimum of IDR 10 million, and a foreign founder — alone or together with an Indonesian — separates IDR 100 million.

The ORMAS route, and why it is narrow

Under the ORMAS Law (Law 17/2013) the numbers are very different. A foundation established as a foreign civil society organisation separates IDR 1 billion where the founder is a foreign national, and IDR 10 billion where the founder is a foreign legal entity.

That route also carries conditions the other does not. The founder is expected to have held a limited stay permit in Indonesia for five years beforehand, or the entity to have been present here for five years. Approval runs through the Ministry of Foreign Affairs as well as the Ministry of Law.

In practice, most foundations with foreign founders are established under the Foundations Law, at IDR 100 million. The ORMAS route is for the narrower case of a foreign organisation setting up its own presence in Indonesia, and its five-year conditions are what make it narrow — a founder who has only just arrived cannot use it.

Do not take a single figure from a single guide

Published guidance from Indonesian firms genuinely disagrees here, and the gap between the answers is a factor of ten. That is not carelessness on anyone’s part — it reflects which route the writer had in mind. Establish which law your foundation is being set up under before you budget for it, because the difference is IDR 100 million against IDR 1 billion.

The separated fund is the foundation’s own property from the moment the deed is signed. It is not a deposit, and it is not returnable to the founders.

Funds may come from donations, grants, endowments or inheritances.

Key point

Foreign donations must be reported to the authorities. This is a standing obligation for the life of the foundation, not a one-off disclosure at registration.

From deed to tax number

  1. Founders

    Define the purpose and the activities

    The purpose goes into the deed and constrains everything the foundation may later do, so it is worth more time than it usually gets.

  2. Founders

    Choose a name beginning "Yayasan"

    The name must start with the word, and must not already be taken.

  3. Notary

    Draft the Deed of Establishment (Akta Pendirian)

    Executed before an Indonesian notary. It carries the purpose, the initial fund and the three boards.

  4. MOFA

    Obtain a Ministry of Foreign Affairs recommendation

    Required where there are foreign founders. Not applicable to a wholly Indonesian foundation.

  5. Ministry of Law

    Get Ministry of Law approval

    The approval that gives the foundation legal existence. Applications run through AHU, the online legal administration system.

  6. After approval

    Register for tax, banking and social security

    Apply for the tax identification number (NPWP), open the bank account, and register with the social security agency (BPJS) if the foundation will employ staff.

Registration and later changes are filed through the Ministry of Law’s AHU online system, which is also where a foundation’s registered particulars can be checked. Older documents name the Ministry of Law and Human Rights, which was split on 5 November 2024 (Perpres No. 155 of 2024). The tax number the foundation receives is a 16-digit NPWP, in the same format as any company’s.

What it owes once it exists

A yayasan is not outside the tax system, and the exemption most people have heard of is narrower than its reputation.

Under PMK 68/PMK.03/2020 a surplus can be excluded from taxable income, but three conditions all have to hold. The foundation must work in education or research and development; the surplus must be reinvested in facilities and infrastructure for that work; and the reinvestment must happen within four years of the surplus being earned.

A surplus that sits in the bank past that window is taxable. A foundation working in another field does not have this exemption at all.

It still withholds tax on what it pays out. Salaries carry Article 21, services carry Article 23, and payments abroad carry Article 26. VAT applies where a foundation carries on taxable activity, which many do alongside their charitable work.

On top of tax, a foundation reports:

  • Annual activity and financial reports, in Bahasa Indonesia.
  • Financial disclosure, where the foundation solicits donations from the public.
  • Any change to its deed or its governance, to the Ministry of Law — and to MOFA where foreign founders are involved.

The three laws it answers to

Law 16/2001, as amended by 28/2004

The foundations law itself: how a yayasan is formed, how it is governed, and how it is dissolved. It also sets what each of the three boards may and may not do.

Government Regulation 63/2008

The administrative layer — the requirements a foundation meets to register and to stay registered.

Law 17/2013 on social organisations

Known in Indonesia as the ORMAS law. It governs how foundations and other social organisations operate against national governance standards, and it is the one most often overlooked.

Before you set up a yayasan

The structure is not complicated, but it is rigid: the purpose in the deed is hard to change afterwards, the boards cannot overlap, and the foreign founder thresholds are not negotiable. Most of the difficulty is in getting the deed right the first time.

If you would like that handled, our corporate secretarial service covers formation and the reporting that follows.

Note

This article is general guidance and is not a substitute for advice on your own situation. Confirm the current requirements before acting.

Planning a foundation in Indonesia?

A short call with MAM will show how to structure the yayasan, and our corporate secretary team can keep its records and filings in order once it is running.

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