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Property Legal Services
A legal entity in Indonesia refers to a formal business structure recognized by the government. The two main types of legal entities are PT (Perseroan Terbatas) and PT PMA (Perseroan Terbatas Penanaman Modal Asing). Having a legal entity is essential for several reasons.
Having a legal entity is crucial for obtaining HGB because Indonesian land laws generally restrict land ownership to Indonesian citizens and certain legal entities. Hak Guna Bangunan” (HGB) is a type of land use right that grants the holder the right to construct and own buildings on land that is owned by the state or by another entity. To obtain HGB, a legal entity establishment is typically required. This involves setting up a company or organization that can be recognized as a legal entity under Indonesian law.
Through a PT or PT PMA, foreigners can acquire property rights as long as the land use aligns with the company’s business activities and is following prevailing regulations. This arrangement allows foreign investors to establish a legal presence in Indonesia, facilitating property ownership while ensuring compliance with the country’s land ownership laws.
A legal consultant with expertise in Indonesian corporate law can navigate the intricacies, assist with the necessary documentation, ensure compliance with local regulations, and provide valuable insights to help you choose the most suitable legal structure for your business, thus mitigating risks and maximizing the chances of a successful establishment.
By establishing a legal entity with Lets Move Group, our clients can benefit from legal expertise, proper documentation, a simplified process, and customized solutions.
Our expert teams are located across Jakarta & Bali, ready to assist you completely with a hassle-free Inheritance Deed process!
1. Minimum 2 shareholders
2. Identity and contact details of Company Shareholders:
For Indonesian Individuals, KTP and NPWP
For Foreign Individuals, a valid passport
For Indonesian Companies, a copy of the Article of Establishment and the amendments and the Approval from the Ministry of Law and Human Rights, Domicile Letter, Tax Id, Business License, Company Registration Certificate (TDP/NIB)
For Foreign Companies/entities, a copy of the Article of Association in English or its translation in Bahasa Indonesia from a sworn translator and already got Apostille Stamped, Scan Copy of the Passport Director, Detail Address of the Company.
3. Identity and contact details of Company Directors and Commissioner: For Indonesian individuals, KTP, NPWP, email and phone number. For Foreign Individuals, a valid passport, email and phone number.
4. Copy of the Lease Agreement between the company and building management
5. Pas Photo 3X4 Background Red (Bali only)
6. Building Permit (IMB) and Land Building Tax (PBB/Pajak Bumi Bangunan) (Bali Only)
Ever come across the term Mortgage Refinancing? In Indonesia’s property finance landscape, there are quite a few terms that might pop up, and refinancing is one of the most important to know. In essence, refinancing is a type of mortgage product that allows you to restructure your existing KPR instalments into a new repayment scheme—essentially, a fresh start for your ongoing home loan.
When applying for a loan such as a Mortgage (KPR) at a bank, the term 'threshold credit limit' often arises. According to the Great Dictionary of the Indonesian Language (KBBI), 'threshold' refers to the maximum limit (of costs, credit, etc.) provided. In the loan application process, the amount granted by the bank or other financial institutions to the customer will not exceed the predetermined threshold.
Find the Best Property Partner in Canggu, Bali Looking for the best property agent in Canggu, Bali? Look no further! At Lets Move Group (LMG), we pride ourselves on being the first choice for all your property needs. With our extensive network, expert team, and commitment to excellence, we are ready to ensure your property journey runs smoothly and successfully. Whether
While taking out a Kredit Pemilikan Rumah (KPR), or mortgage, remains one of the most popular ways for Indonesians to purchase their dream home, the reality is that not every application ends in success. A significant number of aspiring homeowners face rejection from banks, often without clear understanding of the reasons why. So, why does a mortgage application get rejected? What are the warning signs? And most importantly—what can be done about it? Let’s break it all down.
In the bustling city of Jakarta, two names stand out in the ever-evolving real estate market: Gary Joy and Miles Lampitt. These expat property experts are not just making waves - they are revolutionizing the real estate industry in Indonesia, bringing unparalleled expertise and innovative solutions to the table.
One of the main reasons for this is to take advantage of lower interest rates, which can significantly reduce monthly repayments and long-term financial burdens. Additionally, promotional offers from other banks, such as waived administrative fees, reduced early repayment penalties, or more flexible loan tenures, often make switching an attractive option for borrowers.
Our journey started in 2016 with the sole aim of becoming the most ethical property and real estate agent in Indonesia. Our dream is to be a complete solution for the needs of expatriates, offering comprehensive solutions for property investment in Indonesia. Find Out More »
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Rate information
Interest rate is 4.7% fixed for the first 3 years, after that, the rate will move to a floating rate (currently 11%)
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