PERMANENT STAY PERMIT – KITAP
Permanent Stay Permit (izin tinggal tetap) is a Permit that granted to certain foreigners, to reside and settle in the territory of Indonesia. Permanent residence permits are granted to foreign holders of Limited Stay Visa who have lived in Indonesia for at least five consecutive years from the date the Limited Stay Permit was granted. A Permanent Stay Permit is acquired as a status of a Limited Stay Permit. The transfer status of this transfer can be given on the request of another person submitted. Permanent residence permits can make you no longer need to go to the immigration office every year or further expansion permits.
That way you can save costs and be efficient when visiting Indonesia or long-term living in Indonesia. The validity period of a Permanent Permit is 5 years and it can extend indefinitely without a Permanent Permit being canceled. A Limited Stay Visa, it can be changed to a Permanent Permit if the applicant has lived for 3 consecutive years in Indonesia and agreed to the Statement of Integration with the Government of the Republic of Indonesia. In case you are planning to get a Permanent Stay Permit, Indoned Consultancy will be glad to assist you.
PERMANENT STAY PERMITS – KITAP
Duration of stay: 5 Years
(After the five-year period, the KITAP holder can apply for an extension, which is also valid for five years.)
Important to realize that permanent residence permits can be given to:
- Foreigner holders of a limited residence permit as clergy, worker, investor, and elderly,
- Family because of a mixed marriage,
- Husbands, wives, and or children of foreign persons holding permanent stay permits,
- Foreigners who are ex-Indonesian citizens and former subject kids of a double citizen of
the Republic Of Indonesia, - The former subject kid of a double citizen of the Republic of Indonesia who chooses foreign citizenship,
- Children born in Indonesia from foreigners holding permanent residence permits and also,
- Indonesian citizens who lost their Indonesian citizenship in the territory of Indonesia.
How to Make Permits Permanent Easily?
Same with other residence permit arrangements in Indonesia. We, Indoned Consultancy can help you with the permanent resident submission. Why should you use a consultant like us? The best reason is that you don’t need to confuse about the process or have to go to many places to set it up. And you also will not be able to improve with a variety of documents that must be equipped with unclear rules that are always changing.
Disclaimer
The information provided here is based on our long experience. The process or requirement may vary depending on the specific facts and conditions. Besides, the law and regulations in Indonesia subject to frequent changes. Please contact us as your consultant to get an up to date information and accurate advice. More Information click here and You can also follow our social media accounts to see the latest information posts. please click on the following links: Facebook, Instagram, Linkedin, and Twitter.
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FAQ
In general, PMA stands for Foreign Direct Investment while PMDN stands for Domestic Direct Investment. From the perspective of the meaning, in short, PMA is an investment activity to conduct business in the territory of the Republic of Indonesia which carried out by foreign investors, both those who use foreign capital wholly or in joint ventures with domestic investors. Then, PMDN is an investment activity to conduct business in the territory of the Republic of Indonesia which carried out by domestic investors using domestic capital.
Basically, subjects in domestic investors are Indonesian citizens (WNI), Indonesian business entities, the Government of Indonesia, or regions that make investments in the territory of Indonesia. Meanwhile, foreign investors are foreign citizens, foreign business entities, and/or foreign governments making investments in the territory of the Republic of Indonesia.
With the new regulations and system changes, the process of establishing a company, both PT PMDN or PT PMA, does not take a long time. It takes at least 10-15 working days after the complete document requirements are fulfilled.
Yes. To be able to carry out the establishment process of PT PMA, the authorized capital that must be written in the deed of establishment is Rp. 10 billion excluding the value of land and buildings. In making the deed of establishment, the Notary appointed by us will provide a statement letter to the shareholders who sign that they will deposit the said amount of capital. However, the statement will usually not include the fulfillment period. After the company is established, the company will carry out investment reporting on a regular basis which will later become one of the proofs for the company's activities with its capital.
Generally, the set-up company process is divided into 2 stages. Where, the first stage is the establishment stage. Where at this stage, you will process your company's basic documents and permits, such as: deed of establishment, legalization document, Company NPWP (Taxpayer ID Card), Business Identification Number, Company Bank Account Opening and other documents according to your sector and business field. Furthermore, the second stage is the operational stage. At this stage, before and/or during your company's operations, you are required to fulfill the company's obligations. Such as, payment of related taxes, fulfilling operational permits, reporting LKPM (Investment Activity Report), BPJS Employment and Health Registration, and other obligations according to the sector and business field.
BPJS stands for Social Security Administering Board, which is a special institution tasked with administering health and employment insurance for the public, civil servants, and private employees. BPJS has 2 types, namely: BPJS Healthcare and BPJS Employment. Where every registered company that has employees is required to register its employees in the BPJS program, both BPJS Healthcare and BPJS Employment.
LKPM stands for Investment Activity Report. It is a report on the progress of investment realization and problems faced by business actors that must be prepared and submitted periodically.
Yes, you do. When you do the establishment of a company, a correspondence address is fundamental. It is needed because later all correspondence documents from the government or related agencies will be sent to your company's office/correspondence address. In addition, a company is required to have a domicile which is one of the requirements for making a deed of establishment.
Do you have a location in mind where you plan to establish your company in general? For example, are you planning to do it in Bali, such as in Kuta, Ubud, Sanur or Jimbaran area? We have several specific place references that may help you determine the location of your company office. Just please let us know.
At the stage of the company establishment process, you are not required to come to Indonesia. Although it is no required to come, you may visit Indonesia with the visa which the service we can assist you to have it.
Some process in the establishment company can be carried out by giving your power of attorney to one of our team whom handles the process of establishing your company. Our team is experienced enough in their field therefore the necessary matters will be prepared and informed to you.