KITAS Indonesia Requirements for Investors

Foreign investor and Indonesian legal adviser reviewing Investor KITAS E28A requirements for a PT PMA in Jakarta. Caption: Investor KITAS eligibility depends on both the foreign shareholder’s E28A profile and a consistent PT PMA corporate record.

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KITAS Indonesia Requirements for Investors: E28A Guide 2026

An Investor KITAS for Indonesia is not granted merely because a foreign national owns shares. For the E28A investor route, the current official requirements include a sponsor company, evidence that the applicant owns at least IDR 10 billion of shares in that company as registered with the Ministry of Investment/BKPM, the company’s Ministry of Law establishment approval, and a defined set of applicant and corporate financial documents.
The E28A can be issued for one or two years. The official government charges currently total IDR 7 million for one year or IDR 9.5 million for two years. The Directorate General of Immigration lists a five-working-day processing target after visa payment is received, but this is a service target—not a guaranteed end-to-end timeline. Corporate corrections, verification questions, payment timing, system issues and entry planning can extend the project.
The most reliable way to prepare is to pass two separate gates. Gate one is corporate: does the PT PMA exist, have a lawful ownership structure, show the applicant’s qualifying shares, and maintain consistent AHU, BKPM/OSS and bank records? Gate two is immigration: does the applicant fit E28A, have the required passport and financial evidence, and intend to perform only activities allowed by the visa?
Answer first: A qualifying Investor KITAS E28A application normally requires at least IDR 10 billion of the applicant’s shareholding in the sponsoring company, a compliant PT PMA record, a guarantor, specified applicant and company financial evidence, and an application matching the investor’s real role. Review the company before filing the visa.

What is an Investor KITAS E28A?

E28A is a limited-stay visa classification for a foreign investor in an Indonesian company. After the holder enters Indonesia through immigration control, the limited stay permit (ITAS) and re-entry permit are issued automatically under the current official process. In everyday commercial language, the combined status is often called an Investor KITAS, even though visa and stay-permit terminology should be distinguished in a legal file.
According to the official E28A page, the permitted purpose includes investment, establishing a company, business activity, serving as a director or commissioner in the company invested in, and supervising production activity. The route is tied to the investor relationship with the sponsor. It should not be treated as a general work permit for unrelated employment, a shortcut for consulting for third parties, or a substitute for sector-specific corporate licences.
The controlling visa classification was refreshed in 2025. The Ministry of Immigration and Corrections’ 2025 visa-classification decision provides the current classification framework, while the Directorate General of Immigration’s E28A service page supplies the operative requirements, activities, government fees and process used in this guide. Requirements should be rechecked immediately before submission because immigration procedures can change independently of corporate law.

The two-gate eligibility test

Gate
Questions to answer
Typical failure point
1. PT PMA and investment
Is the sponsor valid? Is the applicant’s shareholding at least IDR 10 billion in the sponsor’s BKPM record? Do deed, AHU, OSS and investment data agree?
The applicant is called an investor, but corporate records show a lower holding, inconsistent identity data or an incomplete company profile.
2. E28A immigration
Does the applicant’s role and intended activity fit E28A? Are passport, funds, photograph, CV, itinerary and sponsor evidence complete?
The application uses generic or Work KITAS documents, describes unrelated employment, or relies on out-of-date post-arrival steps.

 

These gates interact, but they are not identical. A company may be validly incorporated while the individual does not meet the E28A shareholding threshold. Conversely, an investor may hold enough shares while the company’s AHU, OSS, bank or beneficial-ownership data is not ready to support a clean filing. Solving both before payment reduces avoidable queries and amendments.

Who is likely to qualify—and who needs another route?

Applicant profile
E28A assessment
Practical note
Foreign shareholder with at least IDR 10 billion of shares in the sponsor
Potentially eligible
Confirm the value and holder in current corporate and Ministry of Investment/BKPM records; also satisfy all personal and company documents.
Foreign director or commissioner who also meets the shareholding test
Potentially eligible
The E28A page expressly includes director or commissioner activity in the invested company. Keep corporate appointment and ownership evidence aligned.
Shareholder below IDR 10 billion
Not eligible on the stated E28A threshold
Increasing nominal figures only for immigration is not a paper exercise; analyse corporate approvals, paid-up capital, ownership restrictions and actual funding.
Foreign employee without qualifying shares
Usually a different work/stay route
The company should assess the appropriate employment and immigration framework instead of labelling the employee an investor.
Passive property buyer or portfolio investor without sponsor-company shares
Not established by that fact alone
E28A is based on qualifying shares in the guarantor company, not merely ownership of an apartment, funds or securities.
Investor wanting to work for unrelated companies
E28A does not provide a general labour-market right
Review each role and revenue-generating activity. A separate work authorisation or different structure may be necessary.

 

Eligibility is assessed on records and facts, not job titles alone. A business card saying “director” does not cure a missing appointment, and an internal cap table does not replace the government record. The application narrative, company documents and intended Indonesian activities should tell the same story.

Current E28A document requirements

Applicant and application documents

  • A visa application letter.
  • A passport valid for at least six months. The official E28A page currently states six months; some commercial checklists still cite longer validity periods inherited from earlier practices or different stay lengths, so verify again immediately before filing and consider the operational value of a longer remaining validity.
  • A bank statement in the applicant’s or sponsor’s name covering the last three months, showing at least US$2,000 or the equivalent.
  • A recent colour photograph.
  • The applicant’s curriculum vitae.
  • A travel itinerary.

Sponsor and PT PMA documents

  • Evidence that the applicant owns shares worth at least IDR 10 billion, or the equivalent, in the guarantor company recorded with the Ministry of Investment/BKPM.
  • The Ministry of Law decree approving establishment of the company as a legal entity.
  • The company’s current-account statements for the last two months.
  • If the company has existed for less than two months, the official page permits the company current-account evidence to be delivered to immigration no later than 90 days after the ITAS is issued. Treat this as a defined follow-up obligation, not a waiver of corporate substance.
  • Guarantor information and any system-generated or case-specific supporting evidence requested during verification.

Recommended corporate-readiness file

The official list is the minimum immigration checklist. A prudent filing team should also have the following records ready because they help explain and reconcile the sponsor:
  • Current deed and amendments, Ministry of Law approvals or receipts, and the latest shareholder and management data.
  • NIB and relevant OSS profile showing business activities, project and investment information.
  • Paid-up capital evidence, share subscription or transfer documents, and a reconciliation of nominal shares to the IDR 10 billion immigration threshold.
  • Beneficial-owner record and ownership-chain evidence for any corporate shareholder.
  • NPWP, registered address and bank-account records using consistent company names and identifiers.
  • Board, shareholder or signatory authorisations where the sponsor’s internal rules require them.
Do not upload extra documents indiscriminately. The purpose of a readiness file is to answer predictable questions and keep the company’s data consistent. The actual submission should follow the current portal fields and any instruction from the reviewing authority.

Investor KITAS government fees: one year vs two years

Component
1-year E28A
2-year E28A
Visa
IDR 500,000
IDR 500,000
Limited stay permit (ITAS)
IDR 3,000,000
IDR 5,000,000
Re-entry permit
IDR 1,500,000
IDR 2,000,000
Verification II
IDR 2,000,000
IDR 2,000,000
Official total
IDR 7,000,000
IDR 9,500,000

 

These are official PNBP amounts shown on the E28A page as checked on 25 September 2026. The broader tariff framework is published under Government Regulation No. 45 of 2024. Government charges are separate from professional fees, translations, apostille/legalisation, notarial or corporate amendments, courier costs, bank charges, travel and any sector-specific compliance work.
The two-year option is not automatically better. Compare the applicant’s expected residence, passport validity, corporate role, ownership stability and renewal risk. If a share transfer, director change or restructuring is likely, a longer permit may not eliminate the need to update immigration and corporate records.

How the E28A application process works

  1. Run the two-gate review. Confirm the applicant’s shareholding, role and permitted activities; then reconcile the sponsor’s deed, AHU, BKPM/OSS and financial evidence.
  2. Choose one- or two-year validity. Consider residence plans, passport life, corporate changes and official fees rather than price alone.
  3. Prepare the electronic file. Use clear, current and internally consistent documents. Translate or legalise foreign documents if the relevant process requires it.
  4. Submit through the official eVisa channel with the Indonesian guarantor. The portal and reviewing officer may request corrections or additional information.
  5. Pay the government charge using the issued billing instructions. Do not use an unofficial bank account or rely on a quote that does not separate PNBP from professional fees.
  6. Complete immigration verification. The official workflow lists document review, payment verification, profile/verification, approval and issuance.
  7. Use the visa within 90 days after issue. This is the official use-by period, not permission to remain for 90 days in addition to the granted stay.
  8. Enter through an immigration checkpoint. Under the current E28A page, the ITAS and re-entry permit are issued automatically when the holder is admitted to Indonesia.
  9. Maintain the permit and company record. Track expiry, passport changes, address, corporate role, ownership, sponsor status and any subsequent travel or renewal requirement.

How long does Investor KITAS take?

The Directorate General of Immigration publishes a target of five working days after the visa payment is received. That metric applies to the stated immigration processing stage. It does not include time needed to establish or amend a PT PMA, correct AHU or OSS data, open and season a company bank account, obtain documents from overseas, prepare translations, respond to verification, wait for payment reconciliation, or schedule travel.
A responsible adviser should therefore provide a conditional plan, not an approval promise. A clean application for an existing, compliant sponsor can be materially faster to prepare than a case where shareholding, corporate appointment, capital records or business licensing must first be repaired.

Common E28A mistakes

Treating ‘Investor KITAS’ as a label instead of a legal test

A foreign shareholder is not automatically an E28A applicant. Test the IDR 10 billion shareholding requirement in the sponsor, verify the person’s role and examine what the person will do in Indonesia. If the facts indicate employment outside the invested company, use the proper work and immigration analysis.

Confusing PT PMA investment rules with the personal visa threshold

Company capital, paid-up capital, project-investment value and an individual’s qualifying shareholding are related but different measurements. A PT PMA may have a business plan and capital structure that complies with investment rules while a particular shareholder remains below the E28A threshold. Reconcile the four figures rather than repeating one number across forms.

Using a generic KITAS checklist

Work, family, retirement, study and investor routes have different purposes and evidence. Generic articles can also preserve old practices, such as treating the re-entry permit as a separate post-arrival application. The current E28A page states that ITAS and the re-entry permit issue automatically at entry. Use the current index-specific page as the primary operational source.

Ignoring the new-company bank follow-up

A young sponsor may use the official accommodation for a company that has existed less than two months, but the current-account evidence must then be provided no later than 90 days after ITAS issuance. Put that deadline in a compliance calendar and retain delivery evidence. Missing a post-issuance obligation can undermine future dealings even if the visa was issued.

Changing the company without checking immigration consequences

A transfer of shares, replacement of a director, change of sponsor, restructuring or reduction in the applicant’s holding can alter the factual basis of E28A. Corporate counsel and immigration advisers should coordinate before—not after—the transaction closes.

PT PMA checks before submitting E28A

  • The applicant’s full name, passport details, nationality and shareholding match across the deed, AHU and BKPM/OSS records.
  • The applicant’s shares in the sponsor meet the current IDR 10 billion E28A requirement and the supporting calculation is documented.
  • Any director or commissioner role is validly appointed and recorded.
  • The sponsor’s business activities, KBLI codes, foreign-ownership position and licences support the business it actually conducts.
  • Company and personal bank evidence covers the correct period and account names; transactions are explainable.
  • Beneficial-owner and corporate-shareholder data is up to date.
  • The intended activities in Indonesia fit E28A and do not hide employment for an unrelated entity.
  • Passport validity, travel timing and the 90-day visa-use period are workable.
  • A compliance owner is assigned for expiry, renewal and the young-company bank-statement follow-up if applicable.

When to coordinate PT PMA and Investor KITAS work

The best time is before the incorporation deed or investment change is signed. Corporate and immigration workstreams use overlapping information—shareholder names, share values, director or commissioner roles, sponsor identity and business purpose—but apply different legal tests. Early coordination avoids a company structure that works on paper yet fails to support the planned immigration status.
Master Legal Solution can review the corporate and immigration sequence through its Investor KITAS and PT PMA assistance in Indonesia. The scope can include a pre-filing eligibility screen, PT PMA establishment or correction, corporate-data reconciliation, document planning and coordination of the E28A application. Approval remains with the competent authorities, and any estimate depends on complete and accurate facts.

Frequently asked questions

What is the minimum investment for an Investor KITAS in Indonesia?

For E28A, the official immigration requirement is proof of at least IDR 10 billion in shares, or the equivalent, held by the applicant in the guarantor company as recorded with the Ministry of Investment/BKPM. Do not confuse this personal shareholding threshold with the PT PMA’s paid-up capital or total project-investment plan.

Can a foreign director apply for Investor KITAS?

Potentially. The current E28A page includes serving as a director or commissioner in the company invested in. The person must still satisfy the E28A shareholding and document requirements, and the corporate appointment must be valid and consistent across records.

Does an Investor KITAS allow the holder to work?

It permits the activities specified for E28A, including business and investment activity and serving as director or commissioner in the invested company. It is not a universal work authorisation. Analyse any operational role, employment relationship or service to another company separately.

Is a six-month passport validity really enough?

The official E28A page checked on 25 September 2026 lists a passport valid for at least six months. Because commercial guides may state longer periods and a permit can run for one or two years, recheck the portal at filing and consider renewing a passport early to avoid practical problems during the intended stay.

Do I need to apply for a re-entry permit after arriving?

Under the current official E28A process, the ITAS and re-entry permit are issued automatically when the foreign national is admitted through the immigration checkpoint. A guide requiring a separate post-arrival MERP application may be describing an older process or another case.

Can a newly established PT PMA sponsor E28A?

A new sponsor may be able to proceed if the corporate and shareholding requirements are met. The official page specifically provides that a company existing for less than two months may submit its two-month current-account evidence to immigration no later than 90 days after ITAS issuance. The company still needs genuine, consistent corporate substance and must meet the follow-up deadline.

How much does Investor KITAS cost?

Current official government charges total IDR 7 million for one year and IDR 9.5 million for two years. Professional, corporate, translation, legalisation and other supporting costs are separate. Ask any provider to distinguish government fees from service fees and conditional corporate work.

Can the E28A application be rejected?

Yes. Meeting a checklist does not guarantee approval. Immigration can assess the applicant, sponsor, documents and purpose; request clarification; or refuse an application. False or inconsistent information can create broader legal consequences. File only after the underlying facts and company records have been verified.

Key legal and official references

Before paying for an Investor KITAS, confirm that the foreign shareholder, PT PMA and proposed activities pass the same legal test. MLS can review your PT PMA and E28A application so that shareholding, company records, financial evidence and immigration purpose are aligned before submission. The review is especially useful for new companies, share transfers, director appointments and cases where corporate data was prepared by different providers.
Editorial note: Legal and administrative information verified on 25 September 2026. This publication provides general information, not case-specific legal advice. Authority practice and portal requirements can change; recheck the official E28A page immediately before filing.

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