What are the minimum capital requirements for setting up a business in Indonesia?

Minimum capital requirements vary depending on the type of business entity:

1. PT PMA: Minimum paid-up capital of IDR 10 billion (approximately USD 700,000). Specific industries may have different requirements.
2. Representative Office: No minimum capital requirement.
3. Branch Office: No specific minimum capital requirement but must comply with sector-specific regulations.
4. Joint Venture: Minimum capital requirements depend on the industry and partnership structure.