Category: Due Diligence & Risk

The IDR 10 Billion Question: Paid-Up Capital for a PT PMA in Indonesia

The IDR 10,000,000,000 paid-up capital requirement is the entry point for a PT PMA. The figure is recorded in the company’s bank account, retained for at least 12 months under Article 27 of BKPM Regulation No. 5 of 2025, and deployed into the licensed business activity over the multi-year investment plan that BKPM measures through… READ MORE →
A Financial Reporting System that Survives Deadline Season

For a PT PMA, the Indonesian reporting year fills a calendar with deadlines that run through every month, with the quarterly LKPM and the annual cycle overlaid. The financial reporting system that prepares each filing from the company’s own records, in advance of every date, is what survives deadline season. TraceWorthy’s financial services team performs… READ MORE →
Bali Property in 2026: Perda No. 4 of 2026, the Nominee Prohibition, and the Compliant Investment Structure

Nominee land arrangements in Bali have been void under Indonesian law since 1960. Bali Provincial Regulation No. 4 of 2026 did not create a new prohibition — it added criminal prosecution for both parties to the arrangement and for any intermediary or facilitator. The compliant structure, the risks, and the due diligence requirements are addressed… READ MORE →
PT PMA Establishment 2026: Pre-Formation Framework for Bali-Based Enterprises

Forming a PT PMA in Bali in 2026 is still viable. The OSS restriction on all low and medium-low risk KBLI classifications for Bali-address companies has raised the pre-formation due diligence requirement significantly. KBLI selection, Positive Investment List verification, physical address confirmation, and capital planning must all be resolved before a notary is engaged. READ MORE →
PT PMA Compliance 2026: What Existing Bali-Based KBLI Holders Need to Know and Do Before 18 June

Your existing PT PMA licence in Bali is valid and will not be retrospectively cancelled. The compliance obligations that do apply — four OSS trigger points, the KBLI 2025 migration deadline, a substance-based enforcement programme, and LKPM reporting requirements — require assessment before 18 June 2026. This article sets out the action sequence. READ MORE →
PT PMA Regulations 2026: What Every Bali-Based Foreign Investor Needs to Know

If you have a PT PMA in Bali, or are planning to establish one, 2026 has introduced restrictions that require review before any OSS action is taken. This article covers the Governor’s KBLI letter, the DPMPTSP’s formal proposal to BKPM, Perda No. 4 of 2026, and the 18 June migration deadline. READ MORE →
Property Acquisition in Bali: A Due Diligence Framework for Foreign Nationals

Foreign nationals acquiring residential property in Bali encounter a transaction environment that differs materially from the legal frameworks of their home countries. The protections that function automatically elsewhere, covering independent legal representation, registered easements, title insurance, and structured conveyancing, must be specifically commissioned here. This article covers thirteen due diligence categories that every foreign national… READ MORE →
KBLI 2025 and Your PT PMA: What Is Now Live and What You Must Verify

BPS Regulation No. 7 of 2025 requires every entity operating in Indonesia to align its registered business classification with the KBLI 2025 framework by 18 June 2026. For PT PMA entities whose KBLI 2020 codes split into multiple 2025 codes, the migration requires an investment threshold assessment, a foreign investment status review, and in some… READ MORE →
Beyond Villas: Trade and Distribution in Bali

Foreign investment in Bali has long concentrated on real estate and accommodation. This article examines trade and distribution in Bali as a structurally different route into the same commercial demand environment, covering the legal framework, the enterprise models available to foreign investors, and the compliance requirements that determine whether a trading company in Indonesia operates… READ MORE →
Beyond Tourism: Bali Needs Waste Solutions

Why imported systems often fail, and where foreign investors can still create value Bali’s waste emergency is visible in overflowing disposal sites, mixed roadside waste, pressure on local collection routes, and the growing public focus on landfill capacity. In April 2026, Indonesia’s Environment Minister said open dumping across the country must end by July 2026,… READ MORE →
PT PMA Articles of Association in Indonesia Explained

A PT PMA can have a registered Anggaran Dasar and still leave major governance questions unresolved. This article explains to investors what it governs, what it leaves open, and how to test compliance. READ MORE →
Nominee Arrangements in Property Monetisation

Foreign participation in Indonesia’s short-term accommodation market needs a structure that matches the public record, the licensing file, and the commercial reality. Using a PT PMDN as a domestic façade may deepen nominee risk rather than solve it. This article explains why, and points investors towards lawful participation models. READ MORE →