01
Licensed infrastructure
Corporate accounts are provided by Indonesian banks under their licences, currency capabilities and client policies; Bank Indonesia regulates payments and remittance, while OJK covers financial technology and digital financial assets
02
KYC and origin of wealth
The bank reviews PT PMA, NIB and licences, owners and UBOs, source of capital and funds, KBLI, premises, people, contracts, countries, currencies and turnover; no adviser can guarantee approval
An account is opened for a coherent profile, not a jurisdiction name. The bank reviews PT PMA, NIB and licences, owners and UBOs, source of capital and funds, KBLI, premises, people, contracts, countries, currencies and turnover; no adviser can guarantee approval.
03
Company and private client
A PT PMA should evidence capital, premises, management, people and the capacity to perform its licensed activity; a formal NIB does not replace permits, tax administration and actual operations. The general corporate income-tax rate is 22%; residence, permanent establishment, withholding, transfer pricing, incentives and treaty access depend on the facts.
04
Trusts and foundations
An owner may compare an Indonesian operating PT PMA, a regional holding vehicle, personal or corporate banking, insurance and investment solutions and a lawful foreign family structure. A PT PMA is not a trust or private foundation; succession, nominees, UBO, matrimonial property, tax and foreign-structure recognition require analysis in all relevant family and asset countries.
05
After opening
Personal tax depends on residence, source and income type; salary, dividends, investments, foreign assets and other-country obligations are assessed separately for the owner. VAT after the 2025 changes requires transaction-level analysis of the statutory rate and taxable base; imports, customs, withholding, luxury-goods tax and electronic reporting are reviewed separately.
FAQ
FAQ
Where should a bank accounts and private banking project in Indonesia start?
Corporate accounts are provided by Indonesian banks under their licences, currency capabilities and client policies; Bank Indonesia regulates payments and remittance, while OJK covers financial technology and digital financial assets
Can formation or account opening be guaranteed?
This material is general information. Formation, licensing, tax outcomes and account opening depend on the facts and the decision of the competent authority or financial institution.
Why are tax and banking reviewed together?
The general corporate income-tax rate is 22%; residence, permanent establishment, withholding, transfer pricing, incentives and treaty access depend on the facts. The bank reviews PT PMA, NIB and licences, owners and UBOs, source of capital and funds, KBLI, premises, people, contracts, countries, currencies and turnover; no adviser can guarantee approval.
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Related routes
- Company formation
- Open primary source
- Private wealth: foundations and trusts
- Open primary source
- Tax strategy
- Open primary source
- Relevant practice
- Open primary source