BKPM has recently introduced several policies affecting new and
existing foreign investors.
To follow up the article on this in M&T Newsletter 29, with
effect from 1 December 2014 BKPM now only accepts applications from
companies that have created a Company Folder. BKPM
will use this (electronic) Company Folder to store a company's
standard corporate documents, such as the articles of association,
Taxpayer Registration Number (NPWP), Letter of Domicile, Company
Registration Certificate (TDP), business licenses issued by
BKPM/technical departments, etc. As these documents will be stored
online, they will no longer have to accompany any application
submitted to BKPM. This will save quite a bit of administrative
work in respect of BKPM applications. Companies who have not yet
submitted an application to BKPM to create the Company Folder
should now do so.
