PT PMA Minimum Capital 2026: The New IDR 2.5 Billion Rule Explained
BKPM Regulation 5/2025 cut PT PMA paid-up capital from IDR 10B to IDR 2.5B. What changed, the 12-month lock-up, the IDR 10B investment plan that remains, and 2026 costs.
Quick answer: since 2 October 2025, the minimum paid-up capital for a foreign-owned company (PT PMA) in Indonesia is IDR 2.5 billion (~USD 155,000) under BKPM Regulation No. 5 of 2025 — a 75% cut from the old IDR 10 billion. But two rules survived that trip founders up: the IDR 10B total investment plan and a new 12-month capital lock-up. Here’s exactly how the numbers work in 2026.
Note: the video below was recorded under the pre-October-2025 rules (IDR 10B paid-up). The figures in this article reflect the current BKPM 5/2025 regime.
Old rule vs new rule
| Until Oct 2025 (BKPM 4/2021) | From Oct 2025 (BKPM 5/2025) | |
|---|---|---|
| Paid-up capital | IDR 10 billion | IDR 2.5 billion |
| Total investment plan | > IDR 10B per KBLI/location | > IDR 10B per KBLI/location (unchanged) |
| Proof | Bank statement + OSS declaration | Bank statement + OSS declaration |
| Lock-up | — | 12 months fund retention |
What “total investment plan > IDR 10B” really means
Your OSS filing still projects total investment above IDR 10 billion per business line per location — but only IDR 2.5B must be cash in the bank at establishment. The rest can be phased: equipment, property leases, working capital over the investment period. This is the part most blogs get wrong.
Practical effects for Bali founders
Villas & property: the PT PMA + HGB route to holding property just got 75% cheaper to enter. Restaurants, agencies, consultancies: viable at real-world funding levels. Investor KITAS: unchanged — your shareholding in the PT PMA still qualifies you for the E28A 2-year permit.
Compliance that still bites
LKPM quarterly investment reports, the 12-month lock-up, AHU annual reporting, and sector minimums. Under-capitalized filings get OSS approval revoked — we’ve cleaned up several DIY attempts.
Setting up under the new IDR 2.5B rule? We’ve incorporated 127+ PT PMAs — deed to bank account in ~3 weeks.
📞 Chat with a licensed Indonesian lawyer on WhatsApp or book a free consultation. 20+ years in Bali, 5.0★ Google rating.
Related: PT PMA setup · start a business without a KITAS · videos
Frequently Asked Questions
What is the minimum capital for a PT PMA in 2026?
IDR 2.5 billion (~USD 155,000) paid-up capital under BKPM Regulation No. 5 of 2025, effective 2 October 2025 — reduced from the previous IDR 10 billion. It must be evidenced in the company bank account and declared via OSS.
Does the IDR 10 billion requirement still exist?
Partly. The paid-up capital dropped to IDR 2.5B, but the total investment plan per KBLI business line per location must still exceed IDR 10 billion (capital + assets + working capital projections).
Is there a lock-up on the capital?
Yes — BKPM 5/2025 introduced a 12-month fund retention period: the deposited capital must remain in the company to fund real operations, not be withdrawn the day after approval.
Do all sectors qualify for the lower capital?
Most do, but sector-specific minimums (construction, finance, etc.) and the Positive Investment List can override it. Always verify your KBLI code before planning around IDR 2.5B.
I set up before October 2025 — does this apply to me?
Existing PT PMAs keep their original commitments, but capital reductions/restructures under the new rule are possible. Legal review determines if downsizing your declared capital makes sense.