Legal Question in Investment Law in Indonesia

I'm a non-resident foreigner. Can I come over to Indonesia to prospect clients and provide investment advice without approval from authorities? If not, can I apply for a licence?


Asked on 3/01/10, 6:11 pm

1 Answer from Attorneys
Lia Alizia Makarim & Taira S.

Basically, you should have a proper visa to do such things. If you only provide a very general investment to the prospective client, a licence may not be required. However, if you provide specific investment advice related to for example, insurance issues, then a licence from the authorities is obviously required. There are certain requirements need to be satisfied if you wish to apply for a licence depending on the type of licence.

Kind regards,

Lia

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Answered on 3/04/10, 6:58 pm


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