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(From The Jakarta Post)
from THE JAKARTA POST -- FRIDAY, MARCH 30, 2007 -- PAGE 19 Question): How is a new foreign direct investment (FDI) company set up in Indonesia? Answer: A foreign investment company (PMA) should be incorporated as an Indonesian limited liability company (PT) and be domiciled in Indonesia
To invest in Indonesia an investor should first check the Negative Investment List (DNI), which lists business sectors that are absolutely closed to all investment, closed to only foreign investment and those that are open under certain conditions. Sectors not on the list are open to investment
Foreign investment approvals are issued by the …