Investor KITAS

Investor KITAS (types 313 and 314) is issued to applicants who invest in a company in Indonesia and must work for that company.

The Indonesian Investor KITAS provides many advantages, the most helpful of which are the ease of application, the absence of the requirement to pay a state fee for a work permit. If you meet all the investment requirements, you do not need to pay the visa fee of USD 1.200 per year. Also, foreign investors do not need to wait long to start working after making their initial investment.

Types of Investor KITAS

Index 313: 1-year KITAS

Index 314: 2-year KITAS

Both types allow investors to enter and leave Indonesia multiple times during the visa validity period.

How to qualify as an Investor

To get an investor KITAS you need to meet the following requirements:

  • The investor must have a minimum of 1 billion IDR invested in shares.
  • The capital of the company must be at least 10 billion IDR;
  • The company has at least 25% of paid-up capital;
  • PMA can become a sponsor after it receives statutory documents, tax number, permits and defends the investment project.

Investor KITAS in Bali: how to apply

The procedure for obtaining an investor KITAS (types 313 and 314) comprises several main stages, which in total will take about 2 months.

Obtaining an electronic visa (E-Visa)

The first step in getting an Investor KITAS is to get a TELEX recommendation letter (TELEX) from the Investment Council in Jakarta.

Requirements for obtaining

  • Ministry decree on the legalization of the company's charter;
  • Articles of Association of the company, as well as any recent amendments to the act;
  • Business identification number (NIB / Nomor Induk Berusaha)
  • Operating License (Izin Usaha);
  • NPWP taxpayer number;
  • Company location permit (Surat Domisili Usaha);
  • Recent Quarterly Business Report (LKPM);
  • Passport and ITAS of the director or KTP (local manager / director ID);
  • Taxpayer ID and NPWP Tax Status Letter of Local Executive / Director;

Documents required for issuing TELEX

  • Passport valid for at least 20 months for an annual KITAS and more than 34 months for a two-year KITAS;
  • Bank statement with minimum funds of USD 1.500;
  • Photo 4x6 cm size;
  • Individual tax number and proof of taxpayer status (KSWP, Konfirmasi Status Wajib Pajak);
  • Occupational and health insurance certificate (BPJS Ketenagakerjaan, BPJS Kesehatan);
  • Some investors have the option to cancel their current KITAS, apply for an investor KITAS, or apply to change KITAS in Indonesia.

Cost

Registration of a package of documents for the annual investor KITAS + re-entry permit — IDR 8.000.000.

Registration of a package of documents for a two-year investor KITAS + re-entry permit — IDR 15.000.000.

It is possible to speed up obtaining an e-visa and speed up the verification of documents.