Working at the local company and getting a KITAS as the beneficiary owner

Archive article — retained from the original website. Legal rules, visa routes, fees and figures may have changed since publication. Please request current advice before acting.

Working at the local company and getting a KITAS as the beneficiary owner

Mar 12, 2023

1 min read

A local company must have one resident director who is an Indonesian citizen. But, your local company can appoint you as the president director despite being the beneficial owner.

That is only if your local company has had IDR 1 billion capital. It is since the company’s capital must be at least IDR 1 billion per hired foreigner. In that case, you can get a temporary stay permit (KITAS) for work.

The working KITAS is valid for a year. It can be renewed annually up to five times. Afterward, you will need to cancel your KITAS and reapply.

Otherwise, you can upgrade your KITAS to a permanent stay permit (KITAP). Besides, it is one of the major benefits of the director position. Advisor or manager positions, namely, do not allow proceeding with the KITAP after five years.

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Original reference: Vivo Asia Group website ↗

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Working at the local company and getting a KITAS as the beneficiary owner