Investor KITAS is for foreigners who invest and or is a shareholder in a company certificate, earns money in Indonesia.
Indonesian Investor KITAS offers major benefits, including ease of application and waiver of work permit fee. With an Investor KITAS, foreign investors will no longer be required to pay a fee of USD 1,200 every year, if all the investment requirements are met.
Once the initial investment has been completed, foreign investors can immediately start working in Indonesia.
- Indonesian Investor KITAS can be categorized into two types:
- Index 313: 1-year KITAS
- Index 314: 2-year KITAS
To qualify for an Investor KITAS, foreign investors are required to have a minimum investment of IDR 1 billion in invested shares and the invested capital of the company has to be over IDR 10 billion. A newly established company will be able to sponsor the investors upon receiving the business registration number (Nomor Induk Berusaha – NIB) and business licenses (Izin Usaha).
For businesses that are already up and running, necessary licenses can be applied directly through the Online Single Submission (OSS) system.