How do I open a business bank account in Indonesia?
Table of Contents
How do I open a business bank account in Indonesia?
Opening a bank account as a PT PMA
- Copy of PT Tax card (NPWP)
- Copy of PT Domicile letter.
- Copy of BKPM Investment registration Letter (SIUP)
- Copy of Deed of Establishment (AKTA)
- Copy of ID card of all board of directors, shareholders, and authorized signers.
- Copy of Company registration letter (TDP)
What banks need to open a business account?
What do I need to open a business bank account?
- Employer Identification Number (EIN) or Social Security Number (SSN)
- Personal identification.
- Business formation documents.
- Ownership agreements.
- Business license.
- Certificate of assumed name.
- Monthly credit card revenue.
Can a non resident open a bank account in Indonesia?
A foreigner without a permanent or temporary residency can open a limited balance tourist account. This is a bank account that caters to expats and tourists visiting Indonesia for a short and limited period of time. A limited balance tourist account is also sometimes referred to as a tourist bank account.
How do I open an offshore bank account in Indonesia?
What documents do I need to open a bank account in Indonesia?
- A valid passport.
- A temporary resident permit (KITAS) – for example, a work permit KITAS, a KITAS sponsored by an Indonesian spouse, a retirement or dependent KITAS.
- Proof of address in Indonesia.
- A residency contact.
- A domicile letter.
How much money do I need to open a business bank account?
Exact requirements to open a business bank account will vary based on the bank, your entity type and the state where you formed your business. Some banks require an opening deposit, which can range from $5 to $1,000, for example, while others allow you to open an account with $0.
Can I open business bank account online?
Opening a business checking account online is generally faster and easier than visiting a branch location and applying in person. While the process will vary slightly depending on the individual bank, you should be able to complete and submit your online application in a matter of minutes.
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