Guide to Permits and Licenses

Table of Contents

Investing in Cangkringan, a district in Sleman Regency, Yogyakarta Special Region (DIY), Indonesia, can be a lucrative venture. However, it’s essential to understand the permits and licenses required to ensure a smooth and legal operation. This article provides a comprehensive guide to the necessary permits and licenses for investment in Cangkringan, DIY.

1. Business License (SIUP)

The first step to legally operating a business in Indonesia is obtaining a Business License or Surat Izin Usaha Perdagangan (SIUP). The SIUP is issued by the Department of Trade and is required for all trading companies. The license is valid as long as the company operates in compliance with the regulations.

2. Company Registration Certificate (TDP)

The Company Registration Certificate, or Tanda Daftar Perusahaan (TDP), is a legal document that serves as proof of a company’s registration. It contains essential information about the company, such as its name, address, and business activities.

3. Building Permit (IMB)

If you plan to construct a building for your business, you will need a Building Permit or Izin Mendirikan Bangunan (IMB). The IMB is a legal requirement to ensure that the building complies with safety and environmental regulations.

4. Environmental License

Businesses that may impact the environment are required to obtain an Environmental License. This includes conducting an Environmental Impact Analysis (AMDAL) or an Environmental Management Effort and Environmental Monitoring Effort plan (UKL-UPL).

5. Taxpayer Identification Number (NPWP)

All businesses operating in Indonesia must have a Taxpayer Identification Number or Nomor Pokok Wajib Pajak (NPWP). The NPWP is used for tax purposes and is required for all types of businesses.

6. Investment Registration

Foreign investors must register their investment with the Indonesia Investment Coordinating Board (BKPM). This registration is part of the investment licensing procedures that foreign investors must follow.

7. Work Permit for Foreign Workers (IMTA)

If you plan to hire foreign workers, you will need to obtain a Work Permit for Foreign Workers or Izin Mempekerjakan Tenaga Kerja Asing (IMTA).

Remember, the process of obtaining these permits and licenses can be complex and time-consuming. It’s recommended to seek legal advice or assistance from professionals experienced in Indonesian business law and regulations. Always ensure that your business complies with all local and national laws to avoid any legal issues down the line.

Please note that this information is current as of August 2023, and regulations may change. Always check with the relevant Indonesian authorities or a legal professional for the most up-to-date information.

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