PMA

PT Penanaman Modal Asing or PMA, is a limited liability company established under Indonesian law in which there is participation or use of foreign capital, either using fully foreign capital or in a joint venture with domestic investors. The definition of foreign capital itself is capital owned by foreign countries, individual foreign citizens, foreign business entities, foreign legal entities, and/or Indonesian legal entities whose capital is partly or wholly owned by foreign parties.

PT PMA is required to implement the provisions, requirements for investment value and capital to obtain an Investment Licensing. Companies with large business qualifications have a net worth of more than Rp. 10,000,000,000.00 (ten billion rupiah) excluding land and buildings for business premises based on the latest financial statements or have annual sales results of more than Rp. 50,000,000,000.00 (fifty billion rupiah)