Investor KITAS (limited stay permit) in Indonesia is issued to the investor who owns a company in Indonesia and to any member of the board of directors. Provided that he has a share ratio of more than 1 (one) billion IDR and the company’s capital is more than 10 billion IDR.
Yes, it is renewable every two years.
To renew your KITAS, all tax reports for both company and investor must be submitted.
Yes, whoever holds the investor KITAS has the right to apply for permanent residency after three years of his first KITAS in Indonesia.
Until 4 to 5 people, but provided that the person’s added capital is more than one billion IDR in the company.
No, so far the Indonesian government does not require the provision of money in the bank account. However, in the law, the investors must provide 25% of the total capital of the company. In addition, it should be noted that annual tax reports must be submitted even if the work has not been started in any activity.
Yes, for his couple and for his children as long as they are less than 18 years old.
The only way to obtain KITAS for an adult family member is above the age of 18 years and add him as a shareholder in the company.
KITAS fee is to be paid 50% in advance and the remaining amount will be paid upon receipt of the KITAS card.