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American/Moroccan looking to move to Bali to start a business

Last activity 13 March 2020 by Fred

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Yasminetaha

Hi, I am looking to start a business in Bali or do a partnership and I was wondering how that works... I have begin saving money and I expect to have at least 10k by the summer... I need advice, help and how I can find a job there too.

Damlaaa

Hi! I just saw your post. I'm from the Netherlands and I also want to move to Bali to start my own business. I was wondering if you already found some information? Or made already some progress. Would be nice to discuss!

Ubudian

I hate to be one to spoil dreams, but hopefully you appreciate realistic advice.

Starting a new business is very expensive, and 10 thousand isn't even a realistic start. 

As for jobs, the news isn't any better.  It is very hard to become legally employed in Indonesia.  You will need a skill which is not easily found within the pool of available locals looking for employment.  Jobs here are for Indonesians first.

Again, sorry for this news, but I don't want to mislead you and give you false hope.

challiou rachid

hi what can of business u loking 4
im excutive chef

challiou rachid

hi not very easy to open hear

GntngTr

Hello, Im from Turkey, my backround is financial managament, Im looking for kind job, it will be about anythings, I can handle it,  if you interest with my post pls reply me.
Thank you

Faris Fals

Ubudian wrote:

Starting a new business is very expensive, and 10 thousand isn't even a realistic start.


I can only confirm that you will have to really think hard about what to do with your
hard earned money. Most of the things you might be considering are being done already on Bali,
so you need a unique/innovative idea to have any chance with bigger competitors.

10k is not realistic to start a business here if you are planning on doing it alone and on your name.
Check out the livinginindonesia forum, there is a huge pile of info for you.
I cannot imagine that you have read through that site yet.
Or you

Also consider that life on Bali is not as cheap as one might think,
once you have moved here you might find that you have to spend a bigger percentage
of your budget on living, housing, food and transportation. At least until you have found your
ways around here. It helps to have a local good friend or expat who can show you how
around to avoid unnecessary spending of your business budget.  ;)

Please be careful and don't rush the thing. It is best to work with people you really can trust,
and to find these people requires time.

What kind of business are you considering?
That would help so you can get better advise here.

:top:

anyway all the best wishes

deanna_c

why do you comment such negative stuff on everyone's post regarding the move to Bali and their business ventures?

how about you provide some actual advice or just keep scrolling because for every failed business, there are many successful ones and unless you have advice to share from your successful business venture, I'd suggest you have no relevant input in these topics and need to find something better to do with your time.

Fred

deanna_c wrote:

why do you comment such negative stuff on everyone's post regarding the move to Bali and their business ventures?.


To open a PT PMA company is going to cost US$750,000.
You'll get the full details by looking up UU 25/2007.

You also need to know about the negative investments list
https://www.indonesia-investments.com/u … tments.pdf

A whole pile of people want to move to Bali and open a surf shack or hairdressers but these are impossible dreams and that means disappointed and/or upset people.
That little lot means it's pretty much impossible for normal people to open a  business so you can expect a lot of negative comments and opinions.

Ash Burn

Glad to be back to this forum. All comments does carry weight.
However why ask the same sort of questions over & over.
Those inquiring minds should at least have made references to past posts.
Or visit the relevant Government websites for information.

Yes to save clutter of this forum, members do respond directly to queries.
ie. Is $10k enuf to start a business....... No u need at least $750k.
In Bali to set up a business with license is now more expensive.
Especially with a PT company (FYI am familiar with Akta and Notaris).

Nur Alam Syah Paidung

what kind business do you want to do?

kraken2018

Hi !
Depends on what track you want to choose. If you want to start business on your own, you need to raise a certain money. Otherwise to have joint venture with locals.

Or, alternatively you could be digital nomad or Rent Virtual Office to have legal standing of your company

Fred

kraken2018 wrote:

Or, alternatively you could be digital nomad or Rent Virtual Office to have legal standing of your company


Nothing stopping you opening a virtual office but there's no way to get around the immigration rules for businesses.
See my post above for details

JJ3040

This is a good post, I’m trying to find more like minded people that are already making a living by their own business ex. Digital nomad. So I can focus on honing my skill for developing remote work.

I currently do consulting but, I’m looking into becoming a stock/option trader.

Any advice?

Fred

Google "PT PMA" before you do anything else related to starting a business in Indonesia.

When you've done than and made sure you have the minimum investment at hand, ask from there.

kwokindra

well, im local indonesian and open for joint venture business if some of u interested. and yes 10k is nothing to start a business in bali.. cost of rent annually already more than 10k $.

Sedatcinar19

What about £100K to start of a business in Indonesia , will the government consider and give permission for go ahead??

Fred

Sedatcinar19 wrote:

What about £100K to start of a business in Indonesia , will the government consider and give permission for go ahead??


Not enough.

Sedatcinar19

What's enough then my friend??

Fred

Google "PT PMA" before you do anything else related to starting a business in Indonesia.

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