TraceWorthy Consulting
because everybody needs a team
Services
01
Company Establishment
Navigate Indonesia’s regulatory landscape with ease. TraceWorthy offers tailored company establishment services, ensuring your business is set up correctly and compliantly from day one. From legal entity formation to acquiring necessary licenses, we handle the complexities so you can focus on growth.
02
Compliance & Legal Services
Maintain your business’s compliance with Indonesian regulations effortlessly. TraceWorthy’s comprehensive compliance and business services include statutory reporting, regulatory filings, and ongoing advisory support, keeping your operations in line with local laws while you concentrate on expanding your business.
03
Financial & Tax Services
Achieve financial stability and growth with TraceWorthy’s expert financial services. We provide comprehensive support in bookkeeping, tax planning, and financial reporting, tailored to the needs of foreign-owned companies in Indonesia, ensuring your finances are managed with precision and transparency.
04
Property Investment
Make informed property investments with confidence. TraceWorthy guides you through the complexities of Indonesian property law, offering due diligence, legal support, and strategic advice to ensure your investments are secure, compliant, and profitable.
05
Governance Management
Simplify and elevate your governance practices with TraceWorthy’s Governance Manager. This all-in-one tool offers curated governance frameworks, engaging multimedia content, and detailed analytics to help you measure, manage, and improve governance across your organisation.
06
Training & Development
Invest in your team’s growth with TraceWorthy’s training and development programs. Our expert-led workshops and courses are designed to build essential skills, foster leadership, and drive business success, ensuring your workforce is ready to excel in a competitive market.
Business Is Personal
TraceWorthy specialises in developing solutions for people, businesses and communities.
Our clients trust us to provide balanced and useful information in a form they understand so that they can take responsibility for their decisions and be accountable for their outcomes.
We do this for a single purpose:
Because everybody needs a team.
What sets us apart is our human-centred approach to business.
Our Team Is Your Team
We are experts in navigating the complexity of Indonesian Government systems and processes – everything from selecting the right legal structure for foreign investment to negotiating and developing a variety of trade agreements or doing due diligence on land transactions before drafting and executing leases.
We even cover bookkeeping, accounting, taxation and foreign investment reporting so you can stay focused on doing the things you love to do.
★★★★★
Over the past 18 months, we have worked closely on critical business with Tracy and her team. Without TraceWorthy, achieving the desired outcomes would have been impossible. The team at TraceWorthy have industry leading knowledge, are highly professional and most importantly, they are most trustworthy.
I would have no hesitation in recommending TraceWorthy should you require legal direction and advice in Bali.
Paul Baccanello
/
Australia
★★★★★
Can’t recommend Tracy and her team more!! So helpful when it comes to anything to do with business in Bali and Indonesia. Hardworking, honest and serious business people making expat life a breeze🙏🏼
Ben Nilon
/
The Salty Prana
★★★★★
TraceWorthy Consulting took my hand and guided us all the way through the process of creating a new PT PMA subsidiary in Indonesia. The company helped us with licensing, registration, accounting, recruitment, HR, visa applications and lodgings . Their Business Incubation package offers a real turnkey solution. A special shoutout to the COO Vanda who I flooded with resumés and had to sit through hours of job interviews to help us recruit the ideal candidates. 😉
Nadim Ghazzaoui
/
Forward Management Asia Pacific
★★★★★
I have been using TraceWorthy for a number of years now. I first started with a contentious rental situation which was handled well and then started to increase the variety of work they are dealing with from setting up my PMA to my visa application. I will be continuing to use their services as they are a cut above the rest in their professionalism, knowledge and doing that little bit extra. I can highly recommend their services.
Paul Spallini
/
Conscious Tech International
TraceWorthy bridges local expertise with global standards to help foreign businesses thrive in Indonesia.
✓ COMPREHENSIVE SUPPORT
✓ TAILORED SOLUTIONS
Frequently Asked Questions
What is the process for setting up a foreign-owned company (PT PMA) in Indonesia?
Setting up a PT PMA requires a minimum capital of IDR 10 billion and involves preparing key legal documents, including a notarised deed of establishment, obtaining licenses, and completing the Online Single Submission (OSS) process. TraceWorthy simplifies this complex process and ensures all steps are handled efficiently.
Can a foreigner be the director or commissioner of a PT PMA?
Yes, a foreigner can serve as both the director and commissioner of a PT PMA, but they must obtain a taxpayer identification number (NPWP). TraceWorthy assists with the entire process, including obtaining necessary work permits and tax registrations.
What tax considerations should foreign investors be aware of in Indonesia?
Foreign-owned companies are subject to corporate income tax, VAT, and withholding taxes. TraceWorthy provides expert financial services, including tax planning and reporting, to help you navigate Indonesia’s tax regime effectively.
What is required for foreign investors to acquire land in Indonesia?
Foreigners cannot directly own land in Indonesia but can acquire property through leaseholds or through a PT PMA. Due diligence on the legal status of the land is essential. TraceWorthy performs thorough land due diligence to ensure compliance and security of your investment.
What sectors are restricted or require special approval for foreign ownership in Indonesia?
Indonesia’s Positive Investment List outlines sectors with restrictions or special conditions for foreign ownership. TraceWorthy helps identify the right KBLI (Business Classification) for your venture and ensures compliance with investment regulations.
What are the risks of using nominee arrangements to acquire property in Indonesia?
Nominee arrangements are not legally recognized in Indonesia and pose significant legal risks. TraceWorthy advises on legal alternatives, such as acquiring property through a PT PMA, ensuring your investment is secure.
