Property Legal Services
In Indonesia, a legal entity is a formal business structure recognised by the government. The two main types of legal entity concepts are Limited Liability Companies (PT) and Foreign Investment Limited Liability Companies (PT PMA). The existence of legal entity types is crucial for several reasons.
One of the main reasons is the need to obtain a Building Use Right (HGB). Indonesian land law generally limits land ownership to Indonesian citizens and certain legal entities. HGB itself is the right to construct and own buildings on land owned by the state or another party. Obtaining an HGB generally requires establishing a legal entity. This involves establishing a company or organisation recognised as a legal entity under Indonesian law.
Through a PT or PT PMA, foreign investors can acquire property rights, provided the land use aligns with the company's business activities and complies with applicable regulations. This arrangement allows foreign investors to establish a legal entity in Indonesia, simplifying property ownership while ensuring compliance with the country's land ownership laws.
A legal consultant with expertise in Indonesian corporate law can navigate the intricacies, assist with the necessary documentation, ensure compliance with local regulations, and provide valuable insights to help you choose the most suitable legal structure for your business, thus mitigating risks and maximising the chances of a successful establishment.
By establishing a legal entity with Lets Move Group, our clients can benefit from legal expertise, proper documentation, a simplified process, and customised solutions.
Our expert teams are located across Jakarta & Bali, ready to assist you completely with a hassle-free Inheritance Deed process!
1. Minimum 2 shareholders
2. Identity and contact details of Company Shareholders:
For Indonesian Individuals, KTP and NPWP
For Foreign Individuals, a valid passport
For Indonesian Companies, a copy of the Article of Establishment and the amendments and the Approval from the Ministry of Law and Human Rights, Domicile Letter, Tax Id, Business License, Company Registration Certificate (TDP/NIB)
For Foreign Companies/entities, a copy of the Articles of Association in English or its translation in Bahasa Indonesia from a sworn translator and already got an Apostille Stamped, Scan Copy of the Passport Director, Detail Address of the Company.
3. Identity and contact details of Company Directors and Commissioner: For Indonesian individuals, KTP, NPWP, email and phone number. For Foreign Individuals, a valid passport, email and phone number.
4. Copy of the Lease Agreement between the company and building management
5. Pas Photo 3X4 Background Red (Bali only)
6. Building Permit (IMB) and Land Building Tax (PBB/Pajak Bumi Bangunan) (Bali Only)
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If you are currently paying off a mortgage and are thinking of transferring it to another bank, this is entirely possible. It is common to decide to transfer your mortgage, usually from a conventional bank to an Islamic (syariah) bank or vice versa. Another factor is the difference in floating interest rates between banks. For example, when you purchase a home and
Our journey began in 2016, with the sole aim of being the best real estate agency in Indonesia. Over time, as our business grew and developed, we began to focus on real estate finance solutions and revolutionised the property finance industry in Indonesia. Find Out More»
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Interest rate is 4.7% fixed for the first 3 years, after that, the rate will move to a floating rate (currently 11%)
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