Suppose your business classification can finally have 100% foreign ownership. Or, you finally have enough money for the required capital of a foreign-owned company.
Transforming your local company into a foreign-owned company in Bali is very doable. Your local company will need to increase the capital to be no less than IDR 10 billion. Then, you or your foreign-owned company can buy the shares of the local company.
Thus, you will become the shareholder and can become the director. Your local company will automatically become a foreign-owned company. In addition, you can appoint a family member as commissioner. It is to have relevant people as shareholders.
Reach out to our consultants for more answers on nominee companies in Bali. You can submit your inquiry to vivoasiamanagement@gmail.com or fill the form below.
Comments