How Much Does It Cost to Set Up a PT PMA in Bali?

Setting up a standard PT PMA in Bali typically costs IDR 25 million to IDR 45 million in professional and government fees, plus tax registration, office address, and the IDR 10 billion declared minimum investment. Complex KBLI sectors (construction, education, regulated tourism) or multiple licences can push fees to IDR 60–80 million. This guide breaks down every line item a foreign investor should expect to pay, so you can budget accurately and spot overcharging.

Total cost summary

What drives the cost up or down

1. KBLI complexity

Low-risk KBLIs (most consulting, trading, e-commerce, digital services) are cleared by OSS automatically with no sector licence fees. Medium-low and medium-high risk KBLIs (hospitality, construction, import, education) require additional licences and certifications that increase both fees and timeline.

2. Number of shareholders and directors

Every additional foreign shareholder or director adds notarial work – more signatures on the deed, more KYC collection, more apostilled powers of attorney. A standard two-shareholder PT PMA is the baseline; four or more adds IDR 5–10 million.

3. Registered address

A compliant Bali business address is required. Options range from a basic virtual office (from IDR 5 million/year) to a full serviced office in Seminyak or Renon (IDR 20–30 million/year). Some tourism KBLIs require a physical operational address – a villa, shop, or restaurant – which is usually the client’s own asset.

4. Power of attorney logistics

Remote incorporation requires apostilled or consulate-legalised documents from each shareholder’s country of residence. Apostille fees vary by country (USD 20–150) and add 1–3 weeks.

Line-by-line breakdown

Name reservation and deed of establishment – ~IDR 10 million

Covers company name search at Kemenkumham, drafting the Deed of Establishment, notary signature, and submission for ministerial approval (SK Menkumham).

OSS registration, NIB, and NPWP – included in most packages

Business Identification Number and tax ID are issued free by OSS. Professional fees cover filing on behalf of the company.

Sector-specific licensing – variable

• TDUP (tourism): IDR 5–10 million, takes 2–4 weeks.
• SBUJK (construction): IDR 10–15 million.
• Food and beverage (BPOM, halal): IDR 5–15 million depending on product range.
• Education (language school, kindergarten): IDR 15–30 million and 2–3 months.

Bank account opening – free, but bring the right documents

Most Indonesian banks open corporate accounts for PT PMAs with SK Menkumham, NIB, NPWP, directors’ KITAS (or POA with apostilled passport), and seed deposit of typically IDR 5–25 million. Some banks require the director to attend in person; others accept notarised remote openings.

Accounting and monthly tax filing – IDR 2.5–7.5 million / month

PT PMAs have monthly VAT, withholding, and payroll tax filings. A competent accountant or bookkeeping firm typically charges IDR 2.5–5 million per month for a small company, more for companies with staff or high transaction volumes.

Annual LKPM reports – included in retainer

Quarterly Investment Activity Reports filed via OSS are mandatory. Missing an LKPM triggers NIB suspension.

Annual corporate tax return – IDR 5–15 million

Preparation and filing of the annual PPh Badan return, typically bundled in an annual retainer.

Audited financials (if applicable) – IDR 25–75 million

PT PMAs above certain asset or revenue thresholds (IDR 50bn assets or IDR 50bn revenue) must publish audited financial statements. Audit fees depend on complexity.

Hidden and often-forgotten costs

• PMA share-capital deposit. Some banks require evidence of capital deposit before issuing the bank certificate required for OSS.
• BPJS social security. Mandatory for Indonesian employees and for foreign directors living in Indonesia – roughly 11% of salary split between employer and employee.
• Domicile letter renewal (where the regency requires it): IDR 500k – 2 million annually.
• Tax penalty risk. Filing late attracts 2% monthly interest on unpaid VAT and automatic fines for late returns.

How to reduce PT PMA set-up costs (legally)

1. Use a remote incorporation. Avoids travel costs and is often faster.
2. Start with a virtual office in year one, then upgrade when you need to.
3. Bundle KITAS with incorporation – package deals usually save 10–15%.
4. Use a single firm for legal + tax rather than separating notary, corporate, and accounting.
5. Select the minimum necessary KBLI codes. Each extra KBLI is another compliance obligation.

Red flags in PT PMA pricing

• Suspiciously low quotes (below IDR 15 million all-in). Usually hide costs or cut corners on licensing. Firms using shell “virtual” addresses without proper zoning get their NIB suspended.
• Vague “plus taxes and fees” language. Ask for fully itemised quotes.
• Agents without a licensed notary on staff. The notarial deed must be signed by a licensed notaris – if the agent outsources this at the last minute, quality suffers.

Real-world pricing examples

Example 1 – Digital agency (2 foreign shareholders, consulting KBLI)

Incorporation: IDR 25m | Virtual office (12 months): IDR 6m | Annual accounting: IDR 36m | Total year 1: ~IDR 67m

Example 2 – Villa rental (2 shareholders, tourism KBLI, TDUP)

Incorporation: IDR 30m | TDUP: IDR 8m | Operational address (villa, client-owned): IDR 0 | Annual accounting: IDR 45m | Total year 1: ~IDR 83m

Example 3 – Boutique hotel (3 shareholders, hospitality, multiple licenses)

Incorporation: IDR 40m | Licences (TDUP, F&B, alcohol): IDR 20m | Serviced office: IDR 25m | Accounting + audit: IDR 80m | Total year 1: ~IDR 165m