The Indonesia PT PMA (Penanaman Modal Asing) is the standard foreign direct investment vehicle for international businesses establishing operations in Southeast Asia's largest economy — 270 million people, the world's 4th most populous nation.
The PT PMA (Foreign Investment Limited Liability Company) is the primary vehicle for foreign direct investment in Indonesia — authorised under the Investment Law (Law No. 25/2007) and administered by BKPM (Indonesia Investment Coordinating Board, now OSS/BKPM). Foreign investors can hold up to 100% of a PT PMA in many sectors, though certain sectors remain restricted or require Indonesian partner participation under the Positive Investment List.
Marensa Advisory advises on Indonesia PT PMA formation — covering sector eligibility analysis, BKPM/OSS registration, and coordination with local Indonesian counsel for corporate formation and licencing.
Establish an Indonesia PT PMAIndonesia's large market and regulatory complexity make professional market entry advisory essential.
Indonesia's market scale — the world's 4th most populous country with one of ASEAN's fastest-growing middle classes — makes it a strategic priority for businesses targeting Southeast Asia. But regulatory complexity rewards those who navigate it with experienced local partnerships.
Marensa Advisory coordinates Indonesia PT PMA formation through licensed Indonesian counsel — providing the structural design, regulatory mapping, and project management to deliver market entry efficiently.
Start the ConversationIt depends on the sector. Following the Omnibus Law, many sectors allow 100% foreign ownership. Certain sectors (media, some healthcare, certain financial services) retain foreign ownership restrictions requiring Indonesian partner participation.
Basic PT PMA formation via OSS typically takes 2–4 weeks for the NIB and basic business licences. Sector-specific licences (OJK, Ministry of Health, etc.) take additional months depending on the sector.
For many sectors, no — 100% foreign ownership is permitted. For restricted sectors under the Positive Investment List, a local partner holding the required minimum Indonesian ownership stake is needed.
The Nomor Induk Berusaha (NIB) is the Business Identification Number issued by the OSS system — the primary licence for operating a business in Indonesia. It subsumes many previously separate licences and is the starting point for all sector-specific licence applications.