Investor KITAS E28A is issued for 2 years to foreigners who invest in a PT PMA company in Indonesia as a CEO, Commissioner, or shareholder.
- The investor should have a minimum of 10 billion IDR in shares invested.
- The company’s paid-up capital should have a minimum of 10 billion IDR, which also has a requirement to declare a minimum investment plan of 10 billion IDR.
The sponsor company can start sponsoring Investors once it has obtained a business registration number (NIB) and trading licenses (Ijin Usaha), foreign company investment realization report (LKPM, this report should be conducted every three months), company’s documents, the ID card and tax number of the company’s representative (should be valid).