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Setting up a PT PMA will require roughly 840,000 Canadian.

Google - PT PMA

I have no idea who these people are or how good their services are so this is NOT a recommendation or suggestion, but the site will give you an idea what you're getting in to.

carolinacb wrote:

Hi all, i am looking to open a business in bali, any recommendations on your experience or any advice you have for me would be appreciated? I am looking to find a spot in seminyak, i am not sure where to start to find a commercial lease. I own a current salon in Canada am looking to have a partner in bali, as i read is much easier to have a local to be a partner. I am curious if i can do it all from canada before i go over.

Ho Carolina, I suggest to read this guide, including the links at the end of the Page.

U can see the best options are to set up a local PT (100% owend by local, Min 2 shareholders, and u can be the director) or a PT/PMA, 100% owned by foreigner (unless the sector of the business Is included in the negative list), Min. 2 shareholders and 1 local director, minimum investiment required 10 billion Rp, 2.5 paid up capital, 7.5 within 1 year.
On both case, u cannot be employed by the Company to work in the business.
Be very carefull in having a local partner, expecially if u decide to set up a local PT, many bad stories about foreigner that loose their investment here.
Hypothetically u could set up a company from abroad, but its not a good idea, better to do It from here, u have to find the location of the business before to apply for the approval and also better u directly chose and follow the notary who will register the Company.
Think twice before start a tough process like that and consider also that its not really a good time to open a business here, due the economic crisis determinated by the Covid restrictions, many local and expat Companies are closing.

Thank you for the information, i will look into both of those.

Thanks Fred, wow that seems like a lot. I saw there is possibly another way of doing it if its a branch of a business that is already open. But perhaps I read it wrong and I do need to this step first.

carolinacb wrote:

Thanks Fred, wow that seems like a lot. I saw there is possibly another way of doing it if its a branch of a business that is already open. But perhaps I read it wrong and I do need to this step first.

Right, thats subsidiary company, wich is set up as limited liability companies, and if the parent company is a foreign company, the most appropriate type would be a foreign-owned company (PT PMA).

Subsidiary companies are a separate legal entity. Business owners establish a subsidiary company to gain access to the Indonesian market. It is also considered as a tax resident and will be taxed at a corporate tax rate of 25%.

good luck