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.

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