What
is Permanent Business License?
After
your company or PMA running, you
have to get the
next Legal Paper that is IUT or Business Permanent Licenses.
Permanent License (IUT) is a permission issued
by the Investment Coordinating Board (BKPM) or Regional
Investment Coordinating Board (BKPM)
to enterprise (a
business entity PT) which was established within the framework of
Foreign Capital Investment (PMA) or State Capital Investment (PMDN).
Licensing authority by BKPM
when viewed from the
context of the Law. 22 of 1999
and Act 32 of
2004, which became the regional authority. Article 13 and Article 14 of Law no. 32
hinted, investment administration service is obligatory province for
provincial scale, and is an obligatory
regency / city
scale for district
/ city.
With the Presidential Decree, the agency spearheading
for Indonesian investment
licensing, so felt there recentralization of
local investment licensing
to the BKPM. In the implementation of
investment licensing guidelines as contained
in ordinances issued by BKPM investing
are different types of licenses that must be taken care
of, ie:
Importers limited license identification
number,
Permanent Business License / Expansion,
Plan the use of foreign labor,
Visa Recommendations for the use of foreign labor,
Extension of Permit to employ foreign workers who work more than one province,
Exemption / relief duty on the importation of goods,
Capital, or raw / auxiliary materials and
Other fiscal facilities.
Permanent Business License / Expansion,
Plan the use of foreign labor,
Visa Recommendations for the use of foreign labor,
Extension of Permit to employ foreign workers who work more than one province,
Exemption / relief duty on the importation of goods,
Capital, or raw / auxiliary materials and
Other fiscal facilities.
Licensing issued the appropriate provincial government authority, consisting of:
Extension of permission to employ foreign workers who work in the district / town in the province.
Extension of permission to employ foreign workers who work in the district / town in the province.
Permits issued by the City / County, i.e.:
1. location permits,
2. Certificate of land rights,
3. building permit (IMB),
4. Act permits Disorders (UUG / HO).
1. location permits,
2. Certificate of land rights,
3. building permit (IMB),
4. Act permits Disorders (UUG / HO).
IUT is given as an operating
permit to conduct commercial
business activities in the field of
Trade in Goods / Services
or in the field of industry as the
implementation of the Foreign
Investment Approval Permit
(Foreign Direct Investment) / Domestic
(Domestic Investment) previously acquired investment company.
Rules are explained
on Investment forth in Act 25 of the Republic
of Indonesia Year 2007..
Classification of Business Permit Foreign / Domestic is:
1. The Company is engaged in General Trading, Goods / Services Other Permanent granted permission as operating permit.
2. Company engaged in Industrial / Manufacturing outside the oil, gas and geothermal, industrial business permit as granted operational license.
1. The Company is engaged in General Trading, Goods / Services Other Permanent granted permission as operating permit.
2. Company engaged in Industrial / Manufacturing outside the oil, gas and geothermal, industrial business permit as granted operational license.
Permanent Business License provisions enacted as a
provision when:
1. Have been in production,
2. Have exceeded the time limit given (3 years).
1. Have been in production,
2. Have exceeded the time limit given (3 years).
Requirement of Permanent Business license:
1. Copies of notaries deeds and
change.
2. Photocopying SK Justice and Change.
3. Photocopy of domicile.
4. Photocopy of NPWP / TIN.
5. Photocopying SP BKPM or Principle Permit (Investment Coordinating Board Approval Letter Capital).
6. Copy of Company Registration (TDP).
7. Photocopy of Building permit (IMB).
8. Leasing office.
9. Photocopy of Law Disorders (UUG) / HO.
10. Investment Activity Report (LKPM).
process within 14 working days.
2. Photocopying SK Justice and Change.
3. Photocopy of domicile.
4. Photocopy of NPWP / TIN.
5. Photocopying SP BKPM or Principle Permit (Investment Coordinating Board Approval Letter Capital).
6. Copy of Company Registration (TDP).
7. Photocopy of Building permit (IMB).
8. Leasing office.
9. Photocopy of Law Disorders (UUG) / HO.
10. Investment Activity Report (LKPM).
process within 14 working days.
Expiration
Permanent license (IUT) for Foreign
Direct Investment (FDI) valid for 30 (thirty) years. Permanent licenses for Domestic
Investment (DCI) is valid for companies operating.
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