Non Profit (Yayasan)

DETAILS:
Yayasan is a legal entity that functions as a foundation. It is established to manage and allocate resources for specific social, religious, educational, or cultural purposes. Here’s a detailed overview of what a Yayasan is, its purposes, requirements, and functions in Indonesia

REQUIREMENTS:

• Deed of Establishment: Notarized document outlining the structure and purpose of the Yayasan

• Approval from the Ministry of Law and Human Rights: Legal entity status confirmed by the ministry

• Work Permit (IMTA) and KITAS: Required for foreigners actively involved in management

• Taxpayer Identification Number (NPWP): Mandatory for tax compliance,

• Business Identification Number (NIB): Required for the official registration and operation of the Yayasan

• Domicile Letter: Proof of the Yayasan’s official address

• Sector-Specific Permits: Required if the Yayasan operates in regulated sectors (e.g., education, health)

• Annual Reporting: Financial and activity reports submitted to relevant authorities.

Legal Visa Bali Service:

Company Dissolution (Close PMA): By Request