E28D – Corporate Investor (Establishing Branches or Subsidiaries in Indonesia)

The E28D visa is a type of Limited Stay Visa (VITAS) granted to foreign corporations that invest in Indonesia by establishing branches, subsidiaries, or representative offices. This visa allows representatives of the foreign company to reside in Indonesia for the purpose of managing and overseeing their corporate investment activities.


🎯 Purpose

  • To facilitate foreign corporate investment in Indonesia through the establishment of new business entities.

  • To allow foreign corporations to expand their operations into Indonesia via branches, subsidiaries, or joint ventures.

  • To strengthen Indonesia’s economy by attracting multinational companies and creating new business opportunities.

Kategori:

πŸ“Œ Key Features

  • Validity: Usually issued for 1–2 years, extendable depending on investment continuity and compliance.

  • Sponsorship: Sponsored by the Indonesian subsidiary, branch, or representative office established by the foreign corporation.

  • Residency Rights: Comes with a Limited Stay Permit (ITAS) for company executives or appointed representatives to live in Indonesia.

  • Work Rights: Allows the visa holder to direct and oversee corporate activities, but not to work as a regular employee.

  • Investment Requirement: Must comply with BKPM (Ministry of Investment) regulations on foreign direct investment, including minimum paid-up capital and reporting obligations.

  • KITAP Pathway: Eligible for a Permanent Stay Permit (KITAP) if the company maintains long-term operations in Indonesia and the foreign representative fulfills residency requirements.


πŸ‘€ Who Can Apply

  • Foreign corporations intending to establish subsidiaries (PT PMA) or branches in Indonesia.

  • Corporate executives, directors, or appointed representatives responsible for setting up and managing Indonesian operations.

  • Multinational companies expanding into Indonesia for strategic, commercial, or investment purposes.


⚠️ Important Notes

  • The visa is tied to the corporate entity established in Indonesia. If the branch or subsidiary is dissolved, the visa becomes invalid.

  • Corporate investors must follow BKPM / OSS regulations for licensing, capital requirements, and annual reporting.

  • This visa does not grant employment rights outside the investor’s corporate capacity.

  • Dependents (spouse and children) may apply for Dependent ITAS under the main visa holder’s sponsorship.