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Sep

06

Investor KITAS in Indonesia

KITAS Investor is an immigration product specifically designed for investors who make investments in companies in Indonesia. This document grants a limited stay permit to foreigners in Indonesia, and it is a part of the Indonesian government's efforts to enhance the investment climate in the country. Although KITAS stands for "Kartu Izin Tinggal Terbatas" (Limited Stay Permit Card), the Indonesian government no longer issues physical cards for this purpose. Instead, it is now commonly referred to as ITAS (Izin Tinggal Terbatas), but for the sake of clarity in this article, we will continue to use the term KITAS.

KITAS Investor provides various benefits to foreign investors, with one of the most appealing advantages being the ease and exemption of work permit fees. Foreign investors without KITAS Investor are required to pay USD 1,200 per year for a work permit, whereas KITAS Investor holders are exempt from this requirement as long as they meet specific conditions. Moreover, KITAS Investor holders do not need to wait for an extended period to start working in Indonesia after making their initial investment.

There are two types of KITAS available for investors, each with a different duration of stay validity. The C313 visa provides a one-year limited stay, while the C314 visa allows for a two-year limited stay. Both types of KITAS/ITAS permits allow investors to enter and exit Indonesia multiple times during the validity period.

To obtain the KITAS Investor, foreign investors are required to make a minimum investment of Rp1,000,000,000 (one billion rupiahs). Additionally, the invested company must have a capital of more than Rp10,000,000,000 (ten billion rupiahs).

If you need consultation concerning these issues, Schinder Law Firm is one of the many corporate law firms in Indonesia. Our professional civil lawyers strive to understand your unique needs and concerns. We will develop creative, cost-effective ways to assist you. Contact us at info@schinderlawfirm.com today to schedule a consultation to discuss your situation and how we can be of help.

Author: Dewi Susanti

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Dear valued Visitor,

Data is a valuable currency in this new world. In the midst of digital transformation, the Indonesian government has taken the final decision to pass the Pelindungan Data Pribadi (PDP) Bill by September 2022. The PDP Law applies to all businesses established in Indonesia and puts the consumer in control. The task of complying with this regulation falls upon businesses.

The PDP Law affects a variety of business operations, including how your sales team prospect and how marketing initiatives are managed. Businesses have had to reassess their business procedures, applications, and forms. Additionally, all businesses that work with personal data should designate a Data Protection Officer (DPO) or data controller to oversee PDP compliance.

In line with this spirit, it gives us great pleasure to announce and share with all our esteemed clients and business associates that Schinder Law Firm is prepared to assist your company to understand the impacts of the Personal Data Protection Law (PDPL) and take the required measures to comply with the law. Our Privacy, Data Protection, and Cybersecurity practice group is a pioneer in providing data privacy law services in Indonesia. Personal data protection services include but are not limited to:

  • Assessing the existing systems, processes, and controls, etc.
  • Providing provide gap assessment on the existing systems, processes, and controls, etc.
  • Developing and ensuring contracts and agreements comply with the PDP Law
  • Developing policies, best practices, and procedures
  • Advising on the security of personal data and managing data breaches
  • Acting as the Data Protection Officer (DPO) and advising upon the appointment, role, and responsibilities of a data protection officer
  • Advising on cross-border transfers of personal data
  • Carrying out data protection impact assessments and data protection audits
  • Recommending other necessary corrective actions in order to comply with the PDP Law
  • Training on the PDP Law tailored to clients’ businesses

We look forward to many more opportunities in the year ahead with your continued support and trust. For consultation, please send us a WhatsApp or Email.

Warmest regards,
Naz Schinder
Managing Partner

Our Service

Keep Up with the New Law in Indonesia: Personal Data Protection

  • Assessing the existing systems, processes and controls, etc.
  • Providing provide gap assessment on the existing systems, processes and controls, etc.
  • Developing and ensuring contracts and agreements comply with the PDPL.
  • Developing policies, best practices and procedures.
  • Advising on security of personal data and managing data breaches.
  • Acting as the Data Protection Officer (DPO) and advising upon the appointment, role and responsibilities of a data protection officer.
  • Advising on cross-border transfers of personal data.
  • Carrying out data protection impact assessments and data protection audits.
  • Recommending other necessary corrective actions in order to comply with the PDPL.
  • Training on the PDPL tailored to clients’ businesses.
Privacy, Data Protection and Cyber Security
We help our clients to understand the impact of the Personal Data Protection Law (PDPL) on their companies and take the required measures to comply with the law.
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