Benefits of Using an Indonesian Bridging Visa

  

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Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "What is a Bridging Visa?", "Golden Visa and Possible Implementation in Indonesia", you may read also "Indonesia Sport, Music and Art Visa, What Are They?" and on this occasion we will discuss about 'Benefits of Using an Indonesian Bridging Visa'.

Bridging Visas are regulated in Minister of Law and Human Rights Regulation (Permenkumham) Number 11 of 2024 which was ratified on April 1 2024. This Transitional Residence Permit or what is also known as a 'Bridging Visa' is a 'bridge' between a previous residence permit and obtaining a new residence permit.[1]

The validity period of the Transitional Stay Permit is 60 days and is only onshore, namely for foreigners who are already in Indonesian territory. This residence permit is no longer valid if the foreigner leaves Indonesian territory. This stay permit can be used by foreigners who will apply for a change of status to ITAS (Limited Stay Permit).[2]

So what are the main advantages when we use this visa? Referring to the previous provisions, foreigners whose residence permits have expired must leave Indonesian territory first in order to obtain an extension of their residence permits. According to this Minister of Law and Human Rights Regulation (Permenkumham), it is possible for foreign citizens holding a Visit Stay Permit (ITK) to obtain a Limited Stay Permit (ITAS) without having to leave Indonesian territory. The same thing also applies to ITAS and Permanent Stay Permit (ITAP) holders who can no longer be extended. They can obtain a new residence permit without having to leave Indonesian territory.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Direktorat Jenderal Imigrasi Berlakukan Bridging Visa", depok.imigrasi.go.id., Diakses pada tanggal 22 Mei 2024, Link: https://depok.imigrasi.go.id/direktorat-jenderal-imigrasi-berlakukan-bridging-visa/

2. "Indonesia Berlakukan Visa Peralihan bagi WNA Pemegang Izin Tinggal", indonesia.go.id., Selasa, 14 Mei 2024, Diakses pada tanggal 22 Mei 2024, Link: https://indonesia.go.id/kategori/keimigrasian/8204/indonesia-berlakukan-visa-peralihan-bagi-wna-pemegang-izin-tinggal?lang=1

3. Ibid.

What is a Bridging Visa?

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Previously, the www.hukumindo.com platform has talk about "Indonesia Immigration Implements Bridging Visa", "Golden Visa and Possible Implementation in Indonesia", you may read also "Indonesia Sport, Music and Art Visa, What Are They?" and on this occasion we will discuss about 'What is a bridging visa?'.

Immigration of Indonesia will present a number of new services. One of them is the 'Bridging Visa' for foreign citizens (WNA).[1] What exactly is meant by this term?

This bridging visa is generally defined as a visa that aims to bridge a previous residence permit with a new residence permit that is in the process of being issued.[2] We can also interpret it as a transitional visa.

"Indonesian bridging visas will be applied to foreign nationals in Indonesian territory who wish to apply for a Golden Visa. Preparations are in the final stages," said a statement from the Immigration Department. This Indonesian Bridging Visa has a validity period of 60 days and is only valid for foreigners in Indonesia. This visa cannot be used by foreigners who leave Indonesian territory.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Indonesia Akan Terapkan Bridging Visa untuk WNA, Apa Itu?", kumparan.com., 29 Maret 2024, Diakses pada tanggal 13 Mei 2024, Link: https://kumparan.com/kumparannews/indonesia-akan-terapkan-bridging-visa-untuk-wna-apa-itu-22RcnjKFhvH/full/gallery/1

2. Ibid.

3. Ibid.

Indonesia Immigration Implements Bridging Visa

 

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Amount of Authorized Capital of Foreign Investment Companies in Indonesia", "Golden Visa and Possible Implementation in Indonesia", you may read also "Indonesia Sport, Music and Art Visa, What Are They?" and on this occasion we will discuss about 'Indonesia Immigration Implements Bridging Visa'.

The Directorate General of Immigration, Ministry of Law and Human Rights (Kemenkumham) implements the Transitional Stay Permit or Bridging Visa policy. Immigration calls the residence permit a 'bridge' between the previous residence permit and obtaining a new residence permit for foreign nationals (WNA). "In this way, foreign citizens holding a Visit Stay Permit submitted via evisa.imigration.go.id are able to obtain a Limited Stay Permit without having to leave Indonesian territory. Likewise, holders of Limited Stay Permits and Permanent Stay Permits which can no longer be extended, can obtain a new Residence Permit without having to leave Indonesian territory," said the Director General of Immigration, Silmy Karim, in a written statement, Tuesday (23/4/2024).[1]

He said the implementation of the Transitional Stay Permit is regulated in Minister of Law and Human Rights Regulation (Permenkumham) Number 11 of 2024 which was ratified on April 1 2024. The validity period of the Transitional Stay Permit is 60 days and only applies to foreigners who are already in Indonesian territory. He said this type of residence permit is no longer valid if the foreigner leaves Indonesian territory. Silmy said that the residence permit could be used by foreigners who would apply for a change of status to a Limited Stay Permit. Foreigners holding a Transitional Stay Permit, he said, are not subject to overstay if their Transitional Stay Permit application is approved after the validity period of the previous stay permit expires. Foreign citizens who wish to use a Transitional Residence Permit must submit an application via the evisa.imigration.go.id page and pay the immigration fee no later than 3 (three) days before the validity period of the previous residence permit expires.[2]

Silmy said that the Transitional Stay Permit would help foreigners save time, energy and accommodation costs that would otherwise be incurred if foreigners had to leave Indonesian territory to submit an application and wait for approval for a new visa. "The implementation of the Transitional Stay Permit is an effort by the Directorate General of Immigration to create legal certainty for foreign citizens residing in Indonesian territory as well as ease of service," he said.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Imigrasi Terapkan Bridging Visa, Jadi Jembatan WNA Perbarui Izin Tinggal", www.detik.com., Haris Fadhil, Selasa, 23 Apr 2024, Diakses pada tanggal 12 Mei 2024, Link: https://news.detik.com/berita/d-7305918/imigrasi-terapkan-bridging-visa-jadi-jembatan-wna-perbarui-izin-tinggal

2. Ibid.

3. Ibid.

Amount of Authorized Capital of Foreign Investment Companies in Indonesia

  

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Previously, the www.hukumindo.com platform has talk about "Three Ways to Conduct FDI in Indonesia", "Knowing Joint Venture Companies in FDI Indonesia", you may read also "Understanding 5 Steps Foreign Direct Investment In Indonesia" and on this occasion we will discuss about 'Amount of Authorized Capital of Foreign Investment Companies in Indonesia'.

Foreign investment companies are categorized as large businesses. The Foreign Investment Company must comply with the investment value and capital requirements stipulated by Government Regulation, namely:[1]

1. The total investment value is greater than IDR 10 billion, excluding land and buildings per business sector Indonesian Business Field Standard Classification (“KBLI”) 5 digits per project location unless otherwise determined by statutory regulations.
2. The value of issued capital is the same as paid-up capital, at least IDR 2.5 billion.
3. The share ownership percentage is calculated based on the nominal value of the shares.
4. The nominal value of shares as referred to in letter c, for each shareholder is at least IDR 10 million.

And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

Reference:

1. PERATURAN PEMERINTAH REPUBLIK INDONESIA NOMOR: 8 TAHUN 2021 TENTANG MODAL DASAR PERSEROAN SERTA PENDAFTARAN PENDIRIAN, PERUBAHAN, DAN PEMBUBARAN PERSEROAN YANG MEMENUHI KRITERIA UNTUK USAHA MIKRO DAN KECIL

Three Ways to Conduct FDI in Indonesia

 

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Knowing Joint Venture Companies in FDI Indonesia", "Overview of Special Economic Zones and Integrated Industrial Zones in Indonesia", you may read also "Understanding 5 Steps Foreign Direct Investment In Indonesia" and on this occasion we will discuss about 'Three Ways to Conduct FDI in Indonesia'.

Many people consider that Indonesia is a country with great potential for foreign investment, because there are many factors that are attractive to investors. One of them is low costs, covering various types of expenses for a business, such as the price of raw materials to labor wages. Therefore, it is not surprising that we often find factories and companies owned by business people from other countries.[1]

The three ways to make foreign investment in Indonesia are as follows:[2]

1. FDI can be done by buying an existing company in a country, or it can also be done by providing capital to build a new company in that country.
2. Direct foreign investment is also usually characterized by the purchase of at least 10% of shares in a country's company by individuals or companies from other countries. If the share purchase is less than 10%, the International Monetary Fund (IMF) defines share ownership as a person's or company's share portfolio only.
3. Other ways to carry out foreign direct investment are also usually in the form of purchasing or building factory construction, as well as purchasing land by foreign investors. This form of building or land ownership from foreign direct investment is generally full or almost full.

And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Foreign Direct Investment, Lihat Cara Investasi & Manfaatnya di Sini!", www.online-pajak.com., 28 November 2019, Diakses pada tanggal 22 April 2024, Link: https://www.online-pajak.com/tentang-pph-final/foreign-direct-investment

2. Ibid.

Knowing Joint Venture Companies in FDI Indonesia

  

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Previously, the www.hukumindo.com platform has talk about "Basic Requirements for Foreign Direct Investment in Indonesia", "Understanding 5 Steps Foreign Direct Investment In Indonesia", you may read also "Overview of Special Economic Zones and Integrated Industrial Zones in Indonesia" and on this occasion we will discuss about 'Knowing Joint Venture Companies in FDI Indonesia'.

FDI or "Foreign Direct Investment" is a form of investment carried out by a company from one country to invest its capital over a long period of time into a company in another country. So this foreign direct investment involves two countries at once.[1]

There are various forms of FDI, one example is a joint venture, this joint venture is the ownership of a company that is jointly owned by two or more countries.[2] Examples of this joint venture include PT Nestle Indofood Citarasa Indonesia which is a company formed between PT Nestle Indonesia and PT Indofood CBP Sukses Makmur Tbk. And many more. The most important legal basis for the formation of this joint venture company is the Investment Law and the Limited Liability Company Law. And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "FDI DI INDONESIA", bbs.binus.ac.id., Diakses pada tanggal 20 April 2024, Link: https://bbs.binus.ac.id/ibm/2017/11/fdi-di-indonesia/

2. Ibid.

Basic Requirements for Foreign Direct Investment in Indonesia

  

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Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Suspect Still Underage, Murder Case in Germany Closed", "Understanding 5 Steps Foreign Direct Investment In Indonesia", you may read also "Overview of Special Economic Zones and Integrated Industrial Zones in Indonesia" and on this occasion we will discuss about 'Basic Requirements for Foreign Direct Investment in Indonesia'.

For foreign investors who wish to invest their capital in Indonesia, they must establish a company based on the business fields listed in the KBLI (Standard Classification of Indonesian Business Fields). This foreign company is in the form of a PT (Limited Liability Company) which is owned by at least two shareholders, either individuals or companies. Furthermore, investors must pay attention to the guidelines for closed and open business fields with the requirements for foreigners as stated in Presidential Decree No. 44 of 2016. If the business field is not listed on the list, it means foreign share ownership can be up to 100%.[1]

What is the minimum value of foreign investment in Indonesia? The minimum value of foreign investment in Indonesia is IDR 10 billion (excluding land and building prices). The minimum amount of capital paid into a bank in Indonesia is IDR 2.5 billion.[2] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Penanaman Modal Asing di Indonesia", investindonesia.go.id., BKPM, Diakses pada tanggal 11 April 2024, Link: https://investindonesia.go.id/id/artikel-investasi/detail/penanaman-modal-asing-di-indonesia

2. Ibid.

Suspect Still Underage, Murder Case in Germany Closed

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Previously, the www.hukumindo.com platform has talk about "Strange Divorce Case Because of Coffee", "Prices of Houses that Foreigners Can Buy and Own in Indonesia", you may read also "How To Buy Land In Indonesia?" and on this occasion we will discuss about 'Suspect Still Underage, Murder Case in Germany Closed'.

Reported by the AFP news agency, the victim, known only as Luise, disappeared in March after leaving a friend's house near the town of Freudenberg, in the state of North Rhine-Westphalia. His body was found with multiple stab wounds the next day in a forest area, not far from his house. Two girls aged 12 and 13 who knew Luise later confessed to the murder. Investigators said there was no sign that a third party was involved in the stabbing.[1]

German prosecutors said they had closed the murder case involving two minors. The two girls admitted to stabbing to death a 12 year old girl. This case was closed because the perpetrator of the murder was too young to be held criminally responsible. In Germany, the age of criminal responsibility begins at 14 years old.[2]

After the murder, the schoolgirls were placed under the care of juvenile welfare authorities. According to local authorities, they are currently housed in a "therapy facility" and receiving school lessons there. The case revived memories of the 1993 murder of two-year-old James Bulger in England. The boy was kidnapped and tortured before being killed by two 10-year-old boys, Robert Thompson and Jon Venables.[3] And if you have any legal issue in Indonesia territory, contact us then, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Geger Pembunuhan Anak di Jerman, Kasusnya Kini Ditutup", news.detik.com., Rita Uli Hutapea, Selasa, 12 Sep 2023 15:04 WIB, Diakses pada tanggal 15 Maret 2024, Link: https://news.detik.com/internasional/d-6926937/geger-pembunuhan-anak-di-jerman-kasusnya-kini-ditutup

2. Ibid.

3. Ibid.