Innovative business solutions provider, SetupBali.Company, announces the introduction of a digitalized company incorporation process for foreign investors in Bali
Bali, Indonesia--(Newsfile Corp. - November 28, 2023) - SetupBali.Company is charting a new course in the Bali economy, especially in the business world, as the company launches a one-of-a-kind all-inclusive online company formation solution to ease the process of doing business in the Indonesian province. SetupBali.Company is one of the first fully online platforms for establishing PT PMA (Penanaman Modal Asing) companies and the recent introduction aims to transform the traditional methods of business setup in Indonesia's premier tourist destination.
"Businesspeople seek efficiency in time and complexity of work processes. We aim to revolutionize the creation of foreign-owned companies in Bali, making the process simple and straightforward," said Alvon Timotius (Founder of SetupBali.Company).
According to a report by TTG Asia, the regional economy recorded an impressive growth of 6.04% in Q1 2023, outperforming the national growth rate of 5.03%. SetupBali.Company is looking to leverage technology to facilitate the process for PT PMA (Penanaman Modal Asing) companies.
PT PMA was created to streamline foreign investments in Indonesia, enabling international businesses to access Indonesia's expansive market through comprehensive ownership rights. The initiative aims to support various sectors of the economy, including real estate, hospitality, retail, and digital businesses. However, SetupBali.Company is taking it a notch higher by simplifying business incorporation in Bali from start to finish.
SetupBali.Company is redefining the company formation process by digitalizing it and consequently reducing the complexity and duration typically involved. The process involves a few straightforward steps starting from online order placement, data collection, and document handling, culminating in the completion of the company formation. Additionally, SetupBali.Company provides services such as bank account creation, access to ERP software, meeting room quotas, and financial report preparation, all at no additional cost.
The innovation aligns with Indonesia's growing economic landscape, offering a seamless, efficient solution for business setup in Bali.
To learn more about SetupBali.Company and the game-changing solution, visit - https://setupbali.company.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/188904