Thread: Business bits

Short term business could be a good thing if you fear about the new law about business ownership issues. Or better yet, investing as foreign partner could also work as long as you can trust the local company with your assets for the business.

Originally Posted by Jesse

Short term business could be a good thing if you fear about the new law about business ownership issues. Or better yet, investing as foreign partner could also work as long as you can trust the local company with your assets for the business.

The assets are actually very small in value
and virtually worthless to most other people
except for rental property leases etc etc

The work thing is not as easy to understand
I thought you could be in Bali as a manager/supervisor without a kitas??

Originally Posted by longqi

The work thing is not as easy to understand
I thought you could be in Bali as a manager/supervisor without a kitas??

Yes it is confusing because there is no clear distinction between "work", and you as an investor tracking the success or otherwise of your investment.

If the business was a bar, and you served drinks, then you are obviously doing "work" that could be done by and Indonesian, and the "no work" condition of visas is all about maximising job opportunities for Indonesians.

If you have invested your money in this bar, and you are sitting in front of a computer somewhere tracking finances, and maybe thinking about options for changing directions or developing a new marketing strategies - then who is going to confront you and say you were doing work (that could be dine by a local)? Maybe an accountant could say you were doing work he could do, or a marketing consultant could have a go at it. I don't think that's very likely - but it's you who has to assess the risks and work out where you are going to go.

Originally Posted by ronb

Yes it is confusing because there is no clear distinction between "work", and you as an investor tracking the success or otherwise of your investment.

If the business was a bar, and you served drinks, then you are obviously doing "work" that could be done by and Indonesian, and the "no work" condition of visas is all about maximising job opportunities for Indonesians.

If you have invested your money in this bar, and you are sitting in front of a computer somewhere tracking finances, and maybe thinking about options for changing directions or developing a new marketing strategies - then who is going to confront you and say you were doing work (that could be dine by a local)? Maybe an accountant could say you were doing work he could do, or a marketing consultant could have a go at it. I don't think that's very likely - but it's you who has to assess the risks and work out where you are going to go.

Ok this really helps because my part would be purely managerial with zero hands on work
With the type of work involved, at this time nobody in Bali could do it until they were taught how to

The whole kitas thing is a mess to work out and the differences in quotes for setiing up various types of companies have been unbelievable, with no guarantees that there is any more protection
This business will always remain very low maintenance as it requires a maximum of 2 staff but a PV company keeps being suggested
Why would I need a PV with a very small monetary investment and only myself ever involved in the business as a foreigner??

Originally Posted by spicyayam

CV or PT? A CV is for smaller companies. Within a CV there is also small, medium and large. You need to have at least a medium CV to be able to sponsor a foreigner's work visa.

But if I am not actually working in any capacity other than trainiong staff will I need a KITAS?
One person said why dont I get a "special event licence" and a 60 business visa to let me set it up and do the training because after initial training there is just mentoring to be done which can be done from anywhere even on line...???