Investor KITAS | C313 & C314
What is Investor KITAS ?
Investor KITAS is simply a visa that is specifically made to cater to the needs of investors doing business in Indonesia. To make things related to their stay in Indonesia and their work permit easy.
Investor KITAS is a product of several reforms to the system which also includes Presidential decree no. 20/2018 on Investor KITAS in Indonesia and Presidential decree BKPM no.5/2019. One of the advantages of getting this type of visa is that a person holding an Investor KITAS does not need to apply for a work permit anymore after the 2019 amendment of the process.
Type of Investor KITAS
- Index C313 : Valid for 1 year
- Index C314 : Valid for 2 year
Both types are a multiple entry visa, so people with Investor KITAS can have international trips without extra administrative cost.
Who can get Entertainment KITAS ?
For people to be eligible to acquire Investor KITAS, they must be working for a company that has an authorized investment of at least 10 billion rupiahs. The person requesting an Investor KITAS would also need to have a total sum of an investment share of a minimum of 1 billion rupiahs.
However, work permits are only automatically given to those with the position of Director. Holders of Investor KITAS without a position will not be able to acquire a work permit. Those with Commissioner position may acquire a work permit so long as they have 10 billion rupiahs of share ownership of the company.
Duration of Stay
C313 Investor KITAS allows you to stay 1 year and C314 Investor KITAS allows you to stay 2 year in Indonesia.
Requirements
- Investor’s passport with minimum 18 (eighteen) months
- validity for 1-year KITAS application (and for those having more than 30 (thirty) months validity, they can apply for a 2-year KITAS application)
- Company’s deed of establishment and its amendments (if any)
- Ratification from the Ministry of Law and Human Rights (MoLHR) of company sponsor / SK Justice of the Establishment of the Company and Its Changes (if any)
- Tax Registration Number (NPWP) of company sponsor
- Business Domicile
- Business License
- Business Identification Number (NIB)
- ID Card (KTP) and Tax
- ID (NPWP) of the Indonesian Director of company sponsor (if needed)
- Blank document with the company’s letterhead
- Bank account statement with minimum balance USD 1500
Can holders of Investor KITAS work?
Working under Investor KITAS will only be permitted if you are of the position of Director while Investor KITAS that are with Commissioner position may not work but is still eligible for the 2-year stay permit. If a holder of Investor KITAS with Commissioner position wishes to work, they will need to have 10 billion rupiahs of share ownership to the company that he or she works at to acquire a work permit.
Price for Investor KITAS
- Contact us for more information