Many may have mentioned that the most feasible business type for foreigners is foreign-owned. However, aside from that, there is another business type a foreigner can subscribe to. This is the Representative Office. This type of business can also be facilitated by Indonesia Incorporation Services.
What is a Representative Office and why would a foreigner want to subscribe to it? A Representative Office is said to be for non-profit due to its nature. The business exists without large capital investment. A business person would want to engage in this type of business if he wants to try out first if his business will succeed or not.
The following is the registration process for Representative Office which can be provided by Indonesia Incorporation Services
- Getting a representative office license (KPPA). Some papers have to be prepared in order to process this step, which you’re going to submit to the proper authorities.
- Getting a domicile letter from the local subdistrict. This is the declaration of the address where your business is. This is important because this is the address where the business letters from authorities in Indonesia will be sent to you.
- Apply for Tax Identification Number or the NPWP. As important as getting a business license, an NPWP must also be processed. It is mandatory by law for your business to pay taxes. If you fail to do so, your company will be subjected to a legal case. By getting a Tax Identification Number, it can facilitate faster transactions and it can identify properly your business as well.
- Getting a Company Registration Certificate (TDP). When you have your registration certificate, it means your company is already a legit business entity. The government recognizes your business and you already have their protection while operating your business.
Getting a TDP is not that hard. You simply have to process some papers and submit them to the proper authorities. The Indonesia Incorporation Services can be the ones to process it for you if you subscribe to them.
Do you need Indonesia Incorporation Services to Register your Business?
If you need Indonesia Incorporation Services, you can contact 3E Accounting. They are among those known companies that can help you on how to open a company in Indonesia.