PT PMA Setup Requirements in Bali: What You Need to Qualify in 2026

A PT PMA in Bali is a foreign-owned limited liability company that allows non-Indonesians to legally own and operate a business, sponsor Investor KITAS, and issue invoices in Indonesia. In 2026, you qualify by meeting specific capital, shareholder, management, and business sector rules – plus providing the right documents at each step.

Quick overview: 2026 Bali PMA setup requirements

Let’s start with the bare minimum most foreign investors need to tick off before we go deeper into details.

Legal form: PT PMA (Perseroan Terbatas Penanaman Modal Asing) – foreign investment limited liability company.
Minimum authorized capital PT PMA Bali: IDR 10,000,000,000 per KBLI code per location (investment plan, not all paid at once).
Minimum paid-up capital: IDR 2,500,000,000 (25% of authorized capital) to be deposited into the company’s bank account and reported through OSS-RBA.
Shareholders: At least 2 shareholders (can be foreign individuals or foreign/legal entities).
Management: Minimum 1 director and 1 commissioner (they can be foreign; at least one director must be able to act for the company locally).
Business scope: Must choose specific KBLI codes that are open or partially open to foreign ownership under the Positive Investment List.
Timeline: A clean, straightforward PT PMA can be established and licensed in roughly 3–6 weeks, depending on sector and documents.

I’ll walk you through each of these PT PMA requirements in Bali in real-world terms, and how we structure things for clients through our concierge service at balipmasetup.

1. Can foreigners own 100% of a PT PMA in Bali in 2026?

Short answer: in many sectors, yes – you do not need a local partner for a PT PMA.

Indonesia’s “Positive Investment List” unlocked full foreign ownership for a long list of activities, provided your sector is classified as “open” and you meet the investment thresholds. That’s what sits behind the search term “can foreigners own 100% PT PMA Bali” – it depends entirely on your KBLI and whether that sector is capped or not.

For example:

Most online service businesses (marketing agency, software development, consulting, training) can now be up to 100% foreign-owned.
Certain hospitality, retail, and “sensitive” activities still have caps or require a local partner or special licensing.

If your business falls in the open category, you do not need a nominee or silent local shareholder. You hold your shares directly and legally.

Where people still get burned is by paying for “cheap structures” with an Indonesian nominee holding 1% to “look local” – and then discovering they effectively don’t control their company. If you’re asking “do you need local partner for PT PMA?”, the honest 2026 answer is: only if your sector genuinely requires it. Otherwise, go fully foreign and keep the cap table clean.

2. PT PMA shareholder requirements

Indonesian company law is simple on this point: a PT PMA must have at least two shareholders. That’s it. Everything else is strategy.

In practice, PT PMA shareholder requirements in Bali look like this:

Minimum 2 shareholders: can be two individuals, two companies, or a mix.
Nationality: Foreign or Indonesian – no problem. For “PT PMA for foreigners in Indonesia”, both shareholders can be foreign.
Can a single foreigner start PT PMA? Legally you still need two names on the deed. In real life, one investor often holds 99% and the second trusted person or entity holds 1% with a clear internal agreement.
Entity shareholders: You can use an offshore or onshore company as a shareholder if you want a holding structure for tax or asset protection reasons.

If you’re coming in solo and Googling “can a single foreigner start PT PMA”, what we do at balipmasetup is structure you with a second minority shareholder that you control, or a second human being you trust, with an extremely clear shareholder agreement.

3. PT PMA director & commissioner requirements

Every PT PMA needs, at minimum:

1 Director – manages daily operations and signs on behalf of the company.
1 Commissioner – supervises the director; doesn’t run daily operations.

Key points on PT PMA director commissioner requirements:

Both roles can be foreign, both can be Indonesian, or you can mix.
A single person cannot be both director and commissioner at the same time in the same company.
If you want an Investor KITAS, it is usually efficient for you to be both a shareholder and a director/commissioner – that way your investment and management role align.
At least one director should be practically available in Indonesia to sign documents, handle banking, and respond to authorities.

When you combine PT PMA + Investor KITAS, we align your shareholding (usually min IDR 10 billion investment value) and position (director/commissioner) with what immigration expects, so your residence permit is clean and defensible.

4. Minimum capital PT PMA Bali in 2026

This is where most confusion comes from. You will find three different “numbers” floating around:

Minimum investment plan: IDR 10,000,000,000 per KBLI code per location (this is your overall planned investment value).
Minimum authorized capital: also typically set at IDR 10,000,000,000 for a standard PT PMA.
Minimum paid-up capital: by current practice, IDR 2,500,000,000 must be actually paid into the company as working capital and reported.

So when you search “minimum capital PT PMA Bali”, what you really need to understand is:

You do not have to park the full IDR 10B in cash on day one.
You do need to show, and maintain for at least the first year, a paid-up capital of IDR 2.5B in the corporate bank account in line with your investment plan.
That figure is also what immigration and BKPM look at when you later apply for an Investor KITAS.

We go into the actual cost side – government fees, notary, legal, and realistic cash outlay – in detail in this related piece: PT PMA Bali Cost in 2026: Real Fees, Capital, and What People Actually Pay.

5. PT PMA eligible business sectors and KBLI selection

Your PT PMA is legally defined by its KBLI code(s) – Indonesia’s classification system for business activities. Choosing the wrong KBLI is a fast way to create licensing problems, banking headaches, and visa denials.

Here’s how PT PMA eligible business sectors work in 2026:

Open sectors: many services – IT, marketing, consulting, design, e-learning, management services, and many tourism-support activities – are open to 100% foreign ownership.
Restricted sectors: some retail, media, and specific tourism operations may still have foreign ownership caps.
Closed sectors: activities considered strategic or reserved for MSMEs are off-limits for foreign-owned PT PMAs.

Examples of common KBLI code for PT PMA Bali (exact digits vary by sub-sector):

Digital marketing & advertising services
Software development & IT consulting
Business & management consulting
Tour and travel-related services
Event management and training services

Because the Positive Investment List and KBLI table change periodically, we always confirm your KBLI in the current OSS-RBA system at the time of your incorporation, not just rely on older blog posts.

6. Do you need a local partner for PT PMA?

This question deserves its own section because it’s where most foreign founders get conflicting advice.

If you’re in an open sector and you meet the capital requirements, you do not need a local partner for a PT PMA. Plenty of our clients operate 100% foreign-owned PT PMAs in Bali in 2026, fully compliant.

You may need an Indonesian partner when:

Your chosen KBLI restricts foreign ownership to, say, 49% or 67%.
You want to operate in activities still reserved for local MSMEs, where a foreign PT PMA structure simply isn’t allowed.

What you should not do in 2026 is pay for a “local nominee” setup just to tick a box. If a sector is open, you are better off with clean foreign ownership, clear corporate governance, and no side agreements that will scare any serious buyer or investor later.

7. What documents are needed for PT PMA setup?

The exact list varies a little depending on whether your shareholder is an individual or a company, but core documents for a standard PT PMA for foreigners in Indonesia are:

For individual foreign shareholders and directors

Passport (at least 18–24 months validity strongly preferred if you plan an Investor KITAS)
Residential address and contact details
Short business description and planned activities
Percentage of share ownership for each person
Power of attorney for us to act before the notary and OSS if you are abroad

For corporate shareholders (if any)

Certificate of incorporation
Articles of association
Latest shareholders list or confirmation
Resolution authorizing investment into the Indonesian PT PMA

For the company itself

Proposed company name (three unique options, three words each)
Selected KBLI codes and business locations
Capital structure (authorized, issued/paid-up capital)
Registered office address in Indonesia

Post-approval, you will also need standard bank KYC documents to open the corporate account and deposit your paid-up capital.

8. PT PMA + Investor KITAS: why the structure matters

Most of our clients aren’t just setting up a PT PMA; they’re using it to secure an Investor KITAS so they can live and run the business from Bali long-term.

For that, immigration will typically look for:

You as a named shareholder, usually with at least IDR 10B investment value in the PT PMA.
You as a director or commissioner in the same company.
A properly capitalized company that is actually operating in line with its KBLI.

That is why we design the share split, capital, and management roles together in one go – so your PT PMA setup requirements and your future visa strategy are aligned from day one. If you want a more hands-on approach, you can see how we structure this inside our concierge service.

Mini FAQ: PT PMA requirements Bali (2026)

1. Can foreigners own 100% of a PT PMA in Bali?

Yes, if your sector is open under the Positive Investment List and you meet the capital requirements, foreigners can own 100% of a PT PMA in Bali with no local partner or nominee needed.

2. What is the minimum capital for a PT PMA in Bali?

Plan on an investment value and authorized capital of IDR 10B per KBLI per location, with at least IDR 2.5B paid up and deposited in the corporate account as working capital, then reported through OSS-RBA.

3. Can a single foreigner start a PT PMA?

You still need at least two shareholders on paper, but one foreigner can effectively control the company by holding the majority of shares and appointing a second minority shareholder they trust or control.

Ready to check if you qualify?

If you’re serious about setting up a PT PMA for foreigners in Indonesia in 2026 – and you want the structure to support your Investor KITAS, real operations, and future exit – your next step is simple.

Share your business idea, planned budget, and passport details, and I’ll map out your KBLI, ownership structure, capital plan, and timeline in plain English. You can start with the basics on our home page, dive deeper into costs here: PT PMA Bali Cost in 2026: Real Fees, Capital, and What People Actually Pay, or message me directly.

Message Anais on WhatsApp now to check your PT PMA eligibility and timeline in 2026.

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General information, not legal advice; fees are agency estimates, not government fees. We confirm the latest rules for your case before you apply.