06/01/2026
If you've been told you need IDR 10 billion (~$700K) to set up a PT PMA in Bali, that info is outdated.
BKPM Regulation 5/2025 cut the minimum paid-up capital from IDR 10 billion to IDR 2.5 billion (~$150K). For property and accommodation sectors, land and building value now counts toward the total investment requirement.
What a PT PMA actually gets you:
๐ก Your company holds HGB (Right to Build) for up to 80 years total
๐ก You can own multiple properties under one company
๐ก You can legally run short-term rentals with proper licensing
๐ก Stronger legal protection than leasehold
The trade-off: setup takes 6-8 weeks, professional fees run $1,600-4,000, and total buyer costs land at 10-15%+ on top of purchase price. Plus ongoing compliance, tax reporting, and annual costs.
For a single villa you plan to use personally? Leasehold is probably simpler. For investment or multiple properties? PT PMA starts to make sense.