Information, not advice: Golden Visa Indonesia is an independent editorial guide — not the Government of Indonesia, not the Directorate General of Immigration, and not a law firm or licensed adviser. Thresholds are USD-set, IDR-monitored, change by regulation, and apply case-by-case; figures are "last verified June 2026" — confirm at the e-Visa portal (evisa.imigrasi.go.id) and with licensed Indonesian immigration/tax counsel before acting. We never promise approval. If you engage a partner we introduce, that partner may pay us a referral fee at no cost to you.
Investor KITAS Indonesia requirements are the rule‑set you must meet to qualify for an E28A Investor Stay Permit: minimum capital in an Indonesian PT PMA, a defined shareholder role, and a clean immigration record. This page unpacks those investor KITAS Indonesia requirements into concrete capital thresholds, company structure rules, documents, and process steps, based on published regulations and current practice.
What is the E28A Investor KITAS?
The E28A is the main “Investor KITAS” route for foreigners who own shares in an Indonesian limited liability company and work in a director or commissioner role.
Key points (practice-based, last reviewed June 2026 [VERIFY]):
– Legal basis:
– Immigration: UU 6/2011 on Immigration, Government Regulation No. 31/2013 as amended, and latest investor stay permit provisions in Permenkumham on Stay Permits (check the newest consolidated Permenkumham at application time) [VERIFY].
– Company & capital: Indonesian Company Law and BKPM/OSS risk-based licensing rules for PT PMA foreign investment companies.
– Status type: Limited stay permit (KITAS), sponsored by an Indonesian company.
– Typical validity: 1 or 2 years at initial issuance, extendable (within overall maximum cumulative stay limits set in the latest Permenkumham) [VERIFY].
– Activity scope: Shareholder-director/commissioner activities in the sponsoring company; not a blanket work permission for all roles or for companies where you are not an investor.
This page focuses on the “classic” PT PMA shareholder route, not the newer Golden Visa or Second Home schemes. For the Golden Visa investor options, see our dedicated pillar guide on the Golden Visa routes from capital to residence (linked from the homepage).
Core Investor KITAS Indonesia Requirements
This section covers what must be in place before you even think about uploading documents to the e-Visa system: the investor KITAS capital in Indonesia, the company form, your role, and basic eligibility.
1. Company form: PT PMA with proper licensing
To qualify for an E28A Investor KITAS, your sponsor must normally be:
– A PT PMA (Perseroan Terbatas Penanaman Modal Asing) – a limited liability company with foreign shareholding, established under Indonesian law.
– Properly registered through OSS (Online Single Submission) with:
– NIB (Nomor Induk Berusaha – Business Identification Number).
– Business licenses appropriate to its risk category and sector.
– Company deed and its approval/receipt from the Ministry of Law and Human Rights (MOLHR).
Using a PT (local, 100% Indonesian-owned) as sponsor while you personally own shares offshore in a “parent” company is structurally different and typically does not fall under standard E28A investor treatment. If your structure is non-standard, you should expect extra scrutiny or ineligibility for the investor category.
2. Minimum capital and shareholding
The regulations separate several ideas that are often blurred in marketing:
– **Paid-up capital requirement for PT PMA**
– General rule (BKPM/OSS practice): PT PMA is expected to have a total investment plan of at least IDR 10 billion per business line (KBLI) excluding land and buildings [VERIFY], plus minimum issued/paid-up capital as per its deed.
– This is a company-level requirement to be a valid PT PMA, not a personal immigration threshold.
– **Personal share ownership expectation for investor KITAS**
– There is no single line in immigration law that says “you must own X IDR of shares.” Instead, practice has settled on indicative minimums checked during visa review.
– Market guidance used by many notaries and consultants (last widely cited ranges up to June 2026 [VERIFY]):
– Personal shareholding of IDR 1–10 billion for an investor KITAS, depending on sector, region, and current policy climate.
– Immigration can verify your shareholding via company deed and MOLHR records; nominal/“face only” shareholding with no real economic substance is a common rejection trigger.
Because these thresholds are policy-driven and occasionally tightened, **treat any specific number you hear as guidance, not a right to approval**. The safest approach is:
– Ensure the PT PMA genuinely meets or exceeds the current minimum investment norms for its sector.
– Ensure your personal shareholding is meaningful relative to total capital (for example, not 0.01%).
3. Your legal role in the company
To be treated as an investor under E28A, you are generally expected to be one of:
– Director (Direktur) of the PT PMA, and/or
– Commissioner (Komisaris) of the PT PMA.
Your name and position should appear in:
– The latest deed of establishment or deed of amendment.
– The MOLHR approval/receipt for that deed.
– The OSS profile (NIB and license details).
If you hold shares but are not formally a director or commissioner, the application may be redirected to a “regular” work KITAS route instead of investor KITAS, particularly if your actual work in Indonesia resembles employment rather than board-level oversight.
4. Basic immigration eligibility
In addition to the company-related investor KITAS Indonesia requirements, you must:
– Hold a passport valid at least 18 months (for a 1-year KITAS) or 30 months (for a 2-year KITAS) [VERIFY current practice at time of filing].
– Have no immigration blacklist or deportation history in Indonesia.
– Not have a serious criminal record that would conflict with immigration regulations (per UU 6/2011 and its implementing regulations).
– Comply with any nationality-specific additional checks (for example, some countries may trigger extra verification).
Document Checklist for E28A KITAS (Investor)
This is a consolidated, practice-based list of documents usually requested via the e-Visa system for an Investor KITAS application, last mapped against practice in June 2026 [VERIFY]. Exact requirements can change in the latest Permenkumham and circular letters, and local immigration offices may request additional items.
A. Company (sponsor) documents
From the PT PMA:
– Deed of Establishment and any Deed of Amendment showing:
– Company name, address, line(s) of business (KBLI).
– Share capital and share distribution.
– Board of Directors and Commissioners, including your role if applicable.
– MOLHR approval/receipt letters for the deeds.
– NPWP (company tax number).
– NIB (Business Identification Number) – OSS printout.
– Relevant business licenses / commercial permits from OSS.
– Latest company domicile details:
– Address consistent across deed, NIB, and tax records.
– Sponsor letter:
– On company letterhead.
– Requesting an Investor KITAS (E28A) for you, stating your position and responsibilities.
B. Personal (investor) documents
From you as the applicant:
– Passport:
– Clear scan of ID page and all used pages.
– Validity as per intended KITAS length (see above).
– Recent color photograph per immigration specs (background color and size change from time to time, verify at filing).
– Curriculum Vitae (CV):
– Simple CV is typically enough, showing your professional background and role in the company.
– Bank statement or proof of funds [VERIFY]:
– Not always explicitly listed in regulation, but increasingly requested in practice to confirm capacity to support yourself and indicate real investment substance.
– Statement letter:
– Declaring you will comply with Indonesian laws and will work only in line with your investor/director/commissioner role.
– For in-country conversion (if applying from within Indonesia):
– Current visa/stay permit (if any).
– Entry stamp and latest extension approvals.
C. Evidence of share ownership
To show you qualify under investor KITAS capital Indonesia expectations:
– Deed pages indicating:
– Total issued capital.
– List of shareholders and share value, clearly showing your name and the nominal amount.
– If you became a shareholder after the initial establishment:
– Deed of share transfer/increase.
– MOLHR approval/receipt for that amended deed.
– In some cases, a shareholder register and/or board resolution may be requested as supporting evidence [practice-based, [VERIFY]].
Process: From PT PMA to E28A KITAS
This section is about what actually happens step-by-step, rather than the tidy flowchart version.
Step 1 – PT PMA formation or adjustment
If you do not already have a compliant PT PMA:
1. Work with a notary to draft a deed of establishment with:
– Correct line of business (KBLI).
– Capital structure that meets investment norms.
– Your intended role and shareholding.
2. Obtain MOLHR approval for this deed.
3. Register through OSS to get:
– NIB.
– Business licenses as required.
If a PT PMA already exists but you are not yet a shareholder or director/commissioner, you may need:
– Deed of amendment / share transfer.
– Updated MOLHR approval.
– Updated OSS data.
Step 2 – Investor role alignment
Before filing the visa application, align:
– Your role:
– Ensure you are named as director or commissioner if you want the classic investor treatment.
– Your shareholding:
– Ensure the share transfer is properly legalized and recorded, not just a side agreement.
At this point, your corporate paperwork should be internally consistent: deed, MOLHR records, OSS, and (if applicable) tax records should all point to the same structure.
Step 3 – E-Visa (VITAS) application for E28A
Indonesia uses an e-Visa system for most limited stay visas. For an Investor KITAS:
– Your company or its authorized agent applies online through the Directorate General of Immigration e-Visa portal.
– They select the appropriate investor category (code corresponding to E28A) [VERIFY latest code labels in the system].
– You upload all the documents listed earlier.
Processing time:
– Official guidance often states a certain number of working days.
– Actual processing can be shorter or longer depending on:
– Completeness of your file.
– Background checks.
– Policy shifts for certain nationalities or industries.
We treat any processing estimate as exactly that: an estimate, not a guarantee.
Step 4 – Entry to Indonesia on the e-Visa
Once approved, you receive an e-Visa (VITAS) by email:
– Print a copy and keep a digital version.
– Enter Indonesia within the validity window specified on the e-Visa.
At the airport, you will typically be granted entry using that e-Visa; the VITAS then becomes the basis for your KITAS conversion.
Step 5 – Conversion to KITAS and biometric capture
Inside Indonesia, you or your agent coordinate with the local immigration office to:
– Convert the VITAS into an E28A KITAS.
– Provide originals/hard copies of certain documents.
– Undertake biometrics:
– Fingerprints.
– Photograph.
– Interview if requested.
The KITAS card may now be issued physically or in an electronic format, depending on current practice.
If you need help aligning your PT PMA structure and the E28A KITAS application, you can plan your trip through our WhatsApp-based planning with vetted legal and licensing partners; no one can pay to change what we publish, and if you proceed with our partner they may pay us a referral fee at no extra cost to you.
E28A KITAS Requirements vs Other Stay Options
Investor KITAS is only one of several stay routes. Below is a simplified comparison with two commonly confused options: Second Home and Golden Visa.
| Feature (as of June 2026 [VERIFY]) | E28A Investor KITAS | Second Home Visa | Golden Visa (Investor tiers) |
|---|---|---|---|
| Main basis | Shareholding + director/commissioner role in PT PMA | High-value asset (property or deposit) under specific rules | Large-scale investment in government-approved instruments/vehicles |
| Company requirement | PT PMA with compliant capital & licenses | Not required | Required only for some corporate investor routes |
| Typical validity | 1–2 years, extendable | Up to 5 or 10 years (per latest Permenkumham [VERIFY]) | 5–10 years depending on tier [see Golden Visa pillar] |
| Indicative capital scale | Company min. investment ~IDR 10B per KBLI; personal shareholding expected to be meaningful | High-value asset thresholds in foreign currency (see Second Home regulations) | Multi-million USD investment bands (see Golden Visa pillars) |
| Work rights | For investor role in the sponsoring PT PMA | No regular employment; stay/residence focus | Depends on route; some permit active business roles |
For detailed Golden Visa investor tiers, see our Golden Visa Tiers pillar on the main site.
Costs and Fees (Ranges, Not Quotes)
1. Government fees
Government fees for visas and stay permits are set in Ministry of Finance regulations (Peraturan Menteri Keuangan, PMK). The exact amounts and codes can change when a new PMK on PNBP (non-tax state revenue) for immigration is issued.
As a rough orientation (ranges, not a quote, last widely referenced ranges up to June 2026 [VERIFY]):
– E-Visa (VITAS) fee:
– Often in the low USD hundreds equivalent, depending on visa type and exchange rate.
– KITAS issuance fee:
– Tiered by length of stay (e.g., 1 vs 2 years).
– Typically in the same low-to-mid USD hundreds band when converted.
– Multiple re-entry permit (if not bundled):
– Separate fee, typically tens to low hundreds of USD equivalent.
Check the latest PMK on immigration PNBP before budgeting; our FACTS page and partner network can confirm current numbers at the time you apply.
2. Professional services
Professional support is not legally mandatory but is common, particularly if:
– You are establishing a new PT PMA.
– Your company structure is non-standard.
– You do not have in-house HR/legal capacity.
Market ranges we see (not Golden Visa Indonesia prices; practice-based ranges only, last surveyed June 2026 [VERIFY]):
– PT PMA setup (standard structure, excluding government fees):
– Roughly IDR tens of millions into low hundreds of millions, depending on complexity and sector.
– Investor KITAS application per person via an agent (excluding government fees):
– Often in the mid to high tens of millions of rupiah per KITAS.
These are broad bands only; your actual quote will depend on:
– Sector, location, number of shareholders/directors.
– Whether it is a new company or restructuring an existing one.
– Urgency and whether you bundle multiple services.
Tax Considerations for Investors on E28A
Golden Visa Indonesia is an information resource, not a tax advisor. This is a high-level map only; you should cross-check with an Indonesian tax professional.
1. Tax residency
Under Indonesian tax law and practice:
– You may become an Indonesian tax resident if you:
– Stay in Indonesia more than 183 days in any 12-month period, or
– Reside in Indonesia and intend to live here (for example via long-term permits) [VERIFY exact current wording in tax regulations].
– Tax residency is about your physical presence and ties, not about the type of KITAS alone.
So holding an E28A KITAS can correlate with becoming a tax resident if you actually spend significant time in Indonesia.
2. Company taxation
Your PT PMA is:
– An Indonesian tax resident company.
– Subject to Indonesian corporate income tax on its worldwide income (with treaty relief where applicable and within the latest UU HPP and related regulations) [VERIFY].
Dividends, management fees, and other payments out of the PT PMA to you personally may be subject to:
– Withholding tax in Indonesia.
– Personal income tax in Indonesia if you are tax resident.
– Potential foreign tax obligations in your home jurisdiction.
3. Personal income tax
If you become an Indonesian tax resident:
– You are generally taxable on worldwide income, subject to the latest DGT rules and any phased foreign-sourced income treatment that may apply to new residents [VERIFY, as this area has been evolving].
– Your remuneration from the PT PMA (salary, director fees, dividends) will usually be taxable in Indonesia with specific rates and reliefs.
Because tax interactions are highly fact-specific (and can change faster than immigration practice), we strongly recommend:
– Engaging a registered Indonesian tax consultant before moving significant activity here.
– Coordinating cross-border tax planning if you have complex structures.
Common Pitfalls and How to Avoid Them
1. Under-capitalised or “shell” PT PMA
Risk:
– A company established only on paper, with minimal capital and no real activity, can trigger:
– Immigration skepticism on “investor” status.
– BKPM/OSS issues if investment realization targets are not met.
Mitigation:
– Ensure your business plan, capital, and actual activity line up.
– Expect to evidence real operations over time (office, staff, contracts).
2. Mismatched roles and actual work
Risk:
– Applying as “investor/commissioner” but acting day-to-day like a regular employee or technician can:
– Breach manpower regulations.
– Undermine your investor claims on renewal or inspection.
Mitigation:
– Align your formal role with your real activities.
– Use proper work permits for technical or staff roles if needed.
3. Frequent regulatory shifts
Regulations and practice can change through:
– New Permenkumham on stay permits.
– New PMK on immigration fees.
– BKPM/OSS circulars altering capital/investment interpretations.
Mitigation:
– Date-stamp your understanding (e.g., “as of June 2026”).
– Re-check investor KITAS Indonesia requirements before every new application or renewal, not just once.
How Golden Visa Indonesia Fits In
Golden Visa Indonesia is an independent intelligence resource on long-stay and investment routes into Indonesia. We:
– Track Permenkumham, PMK, and OSS/BKPM guidance.
– Translate regulations into step-by-step, document-first checklists like this page.
– Work with vetted immigration and corporate services partners when readers need execution help.
We are not a law firm or a visa agent. Our role is information, not advice; final decisions rest with Indonesian authorities. No one can pay to change what we publish; if you proceed with our partner they may pay us a referral fee at no extra cost to you.
If you are mapping out an investment-led move and need to align PT PMA structure, Golden Visa options, and an E28A path, you can plan your trip with our team via WhatsApp-based planning and be introduced to vetted specialists.
FAQ: Investor KITAS Indonesia Requirements
Do I need a PT PMA to get an E28A Investor KITAS?
In practice yes: the E28A investor KITAS is designed for foreign shareholders in an Indonesian PT PMA with proper licensing, where you act as a director or commissioner. Other structures generally fall under different visa categories.
Is there a fixed minimum share amount for an investor KITAS?
There is no single figure written in immigration law, but practice expects meaningful shareholding aligned with PT PMA capital norms. Many practitioners reference bands from around IDR 1–10 billion of personal shareholding as a practical floor, depending on sector and policy climate, but this is guidance only and never a guarantee of approval.
Can an Investor KITAS holder work for another company in Indonesia?
Generally no. The E28A is tied to your role as shareholder-director/commissioner in the sponsoring PT PMA. Working for other entities would typically require separate permissions and may breach immigration and manpower rules.
How long does it take to get an investor KITAS approved?
Official e-Visa processing times are quoted in working days, but actual timelines vary with document quality, background checks, sector, and policy changes. You should treat all timeframes as estimates and avoid fixed travel or business commitments until your e-Visa is issued.
Does holding an Investor KITAS make me an Indonesian tax resident?
Not automatically. Tax residency depends on days of presence and residence intent under tax rules. However, if you use your KITAS to spend more than 183 days a year in Indonesia or establish your main home here, you are likely to be treated as a tax resident and should seek tax advice.