Ways to stay legally

Investor KITAS (E28A) through your own PT PMA company

Checked 13 November 2026

Who it is for

Founders and business owners who will personally own a foreign-investment company (PT PMA) in Indonesia. They must be able to commit serious capital and want to live in Indonesia and run the company.

It is not a cheap residency route. It is a poor fit if you only want a long-stay permit without running a real business. It is also a poor fit if your budget is far below the thresholds below.

Requirements

  • Personal shareholding: at least IDR 10 billion in the PT PMA, registered in your own name in the company deed and shareholder register. Consultancy sources cite Permenkumham No. 3 of 2025 for this. They also report that immigration checks the holding against the company's OSS record.
  • PT PMA capital rules (BKPM Regulation 5/2025, effective 2 Oct 2025):
    • Minimum paid-up capital is IDR 2.5 billion per business activity code (KBLI). It was previously IDR 10 billion.
    • The total investment plan must still exceed IDR 10 billion per 5-digit KBLI code per project location.
    • The lower paid-up capital does not lower the IDR 10 billion personal-shareholding threshold for the KITAS.
  • Company structure: commonly reported as at least 2 shareholders, 1 director and 1 commissioner. The company needs a local office address.
  • Documents typically requested:
    • passport valid for at least 6 months (see Duration for how passport validity affects the permit length)
    • PT PMA deed and shareholder certificate
    • BKPM/Ministry of Investment recommendation
    • sponsor letter from the PT PMA
    • health insurance valid in Indonesia
    • company documents and the NIB business licence
  • Clean immigration record: no previous overstay, deportation or immigration violation.
  • Check the exact current list on the official immigration e-visa portal (evisa.imigrasi.go.id) before filing. Rules changed in 2025.

Duration

  • Issued for 1 or 2 years and renewable while you still meet the conditions.
  • One consultancy reports the length depends on passport validity. With about 18 months of validity you get 1 year. With more than 30 months you can get 2 years.
  • Multiple entries are allowed.
  • Consultancy sources say it can lead to a permanent permit (KITAP) after a qualifying period. Confirm the current required period with immigration.
  • Sources mention a share lock-up requirement. Ask your adviser and immigration how long you must keep the shares.

Cost

  • Capital is the main cost: IDR 10 billion in shares, about US$600,000–650,000 according to consultancies. At least IDR 2.5 billion per KBLI must be paid in and shown in a bank statement.
  • Company setup fees: one Bali consultancy quotes US$3,000–8,000 for incorporation, OSS/NIB, tax ID and basic licensing. Treat this as an indicative market range, not an official fee.
  • Company setup time: consultancies quote about 10 working days through OSS under the new rules, and up to 4–8 weeks until the company is fully operational with a bank account.
  • Visa and KITAS fees: the sources I found did not give reliable figures. Get a written quote that separates government fees from agent fees.
  • Ongoing costs: accounting, tax filings and periodic investment reports. Sources say the investor KITAS avoids the monthly foreign-worker levy that applies to a working KITAS.

Allowed

  • Living in Indonesia on the permit and entering and leaving multiple times.
  • Directing and managing your own PT PMA, as a shareholder holding a director or commissioner role.
  • Doing strategic and managerial work for the sponsoring company. Consultancies say no separate work permit (IMTA) is needed for this.

Not allowed

  • Using the permit for employment or paid work outside the sponsoring company.
  • Registering a smaller personal stake and presenting it as meeting the IDR 10 billion threshold. Immigration checks the shareholding record.
  • Operating business activities that are not covered by the KBLI codes in your licence.

Risks

  • **Thresholds are easy to mix up.** The company can be incorporated with IDR 2.5 billion paid-up. The KITAS needs IDR 10 billion in **your own** name. With the smaller figure you may get a company but no investor KITAS.
  • **Several KBLI codes multiply the capital.** Each activity code needs its own investment plan above IDR 10 billion. One source says revenue-generating side activities must be registered as extra KBLI.
  • **Rules changed in 2025.** Older guides citing IDR 10 billion paid-up capital are outdated, and some sites still mix the figures. Verify with the Ministry of Investment/BKPM and immigration.
  • **Cost and timelines vary widely by agent.** The ranges above come from consultancies. Ask for a fixed written scope.
  • **Overstay or violations** can block the permit and future applications.
  • **Ongoing compliance.** Consultancies mention quarterly investment reports (LKPM) to BKPM. Missed reports and licence problems can put the company, and your permit, at risk.

Step-by-step plan — in Expatlas Pro

The full text is available in the app with an Expatlas Pro subscription.

The app is coming soon to the App Store and Google Play.

This is not legal advice. Rules change — check official sources or a professional before you act.

Sources

  1. Investor KITAS 2026 Indonesia: Requirements Guide (XPND)
  2. New Investment Rules in Indonesia: PT PMA Capital & KITAS (Permitindo)
  3. Difference Between KITAS Investor and Work Permit 2026 (XPND)
  4. BKPM Regulation No. 5 of 2025: New PT PMA Capital Rules Explained (Smart Advisory)
  5. PT PMA Cost Indonesia 2026: Notary, Capital and Fees (XPND)
  6. Post-Incorporation Compliance in Indonesia: PT PMA obligations (3E CPA)
  7. Indonesia PT PMA Costs & Fees 2026 (Comply Globally)
  8. Indonesia Residence Permit 2026: KITAS, KITAP, and Golden Visa Guide (Golden Harbors)
  9. BKPM Regulation 5/2025: What It Means for Your PT PMA (XPND)
  10. Investor KITAS Foreign Shareholder in Local company PT PMA (Bali.com)
  11. What is KITAS in Indonesia: Complete Guide for Foreigners (Invest in Asia)
  12. Investor Visa KITAS E28 (Lets Move Indonesia)
  13. PT PMA Bali 2026: Setup, Costs and Property Guide (InvestLand Bali)
  14. PT PMA Bali Property: Capital & Setup Guide (Bali Property Rules)