Procedure of company registration

The most popular type of Indonesian Company is a Limited Liability Company. The procedure for company formation is as follows:

  • Provide scanned copy of a passport for directors and shareholders;
  • Provide scanned copy of proof of residence. This can be in the form of a utility bill, bank statement or bank reference and must not be older than 6 months;
  • Complete Eltoma’s Company Formation Application form;
  • Complete Etloma’s Declaration of Beneficial Owners form;
  • Eltoma will review the above and then provide a client summary that must be confirmed by signature of the client and Eltoma for agreed service to be provided;
  • At this point Eltoma will issue an invoice for an Indonesian Company Formation;
  • Upon receipt of money in our bank account we will start the formation process by submitting a preferred name for approval of Indonesian Registrar of Companies.  This takes up to 5 working days;
  • Once the Indonesian Company name is approved, a shareholder of a Indonesian Company signs a power of attorney and sends the originals to Eltoma by courier.

Upon receipt of the signed power of attorney, we start the Indonesian Company Formation process. It takes up to 2 months for an Indonesian Company Formation.

Take the next step, we are here to help.

Register a Indonesia company.
Open a Indonesia bank account.

  Resources:

The UK Persons of Significant Control Register & its impact on companies

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Gibraltar companies now have to disclose full Beneficial Ownership details to Central Register

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Gibraltar is working to implement all EU legislation relating to the 4th Anti Money Laundering Directive into national law, in addition to the current EU legislation on financial supervision and direct taxation, and to this affect, the Government of Gibraltar have established a Central Register of Beneficial Ownership that will be effective from June 26th 2017.

European Commission publishes tax avoidance disclosure directive

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The EC (European Commission) has published its draft legislation compelling financial service providers or intermediaries to disclose any international tax planning schemes they have encouraged, enabled or assisted in any way.