What legal requirements do I need to fulfill as a foreign investor in Bali?

As a foreign investor in Bali, there are several legal requirements you need to fulfill to comply with Indonesian regulations. Here are some key considerations:

Firstly, recognize the ownership restrictions, which generally prohibit foreign ownership of land outright but allow acquisition through leasehold arrangements or establishing a foreign-owned company (PT PMA).

Obtain essential permits like the Foreign Investment Approval (PMA) from the BKPM, alongside specific permits for property development.

Ensure compliance with Indonesian tax laws, including property taxes and income taxes, while accurately preparing legal documentation such as contracts and agreements. Involve a notary public in transactions for legal validity.

Conduct thorough due diligence on property titles, zoning regulations, and legal documentation. Adhere strictly to all relevant laws and regulations governing property ownership and engage qualified legal advisors proficient in Indonesian property law and foreign investment regulations to guide you through the process comprehensively.

Pertama can help you optimise your investment, while complying with the following legal requirements.