Imports of goods outside a country are generally subject to customs tariffs, and this is what usually protects local products from absorbing increased competition in the market. If your business in Indonesia is manufacturing companies, some goods (machinery, raw materials) can only be found abroad. There are also a number of machines needed for manufacturing processes that can actually be found in Indonesia, but do not always meet standards for manufacturing.
The Investment Coordinating Board (BKPM) has made regulations for this issue, and the Investment Coordinating Board (BKPM) has given an option for companies to make a Master List of machines to be imported into Indonesia. The Master List usually refers to a list of goods or raw materials that are produced or a review of the manufacturing process for one year. To be approved, the Master List must be submitted to BKPM or the Customs and Excise Office (in some cases) so that they can review. Based on the regulations stated in PERKA BKPM No. 16 of 2015, import duties for machinery will be provided as long as the machines have not been produced domestically, have been produced but have not met the required specifications, or the number of machines is not enough to accommodate the Industry.
- Copy of the deed of establishment and its amendments and the ratification of KEMENHUMKAM
- Copy of the certificate of domicile of the company’s head office from the local village office / building manager / area manager
- Copy of NPWP and record of Company Registration (TDP)
- Copy of Registration / Approval Letter owned
- Copy of business license in the import trade sector owned / industrial business permit
- Original reference from foreign exchange banks
- Copy of Permit to Employ Foreign Workers (IMTKA), Residence Permit Card (KITAS), passport and NPWP for signatories of foreign citizen (WNA) import documents
- Copy of Identity Card (KTP) and NPWP for Indonesian Citizens (WNI)
- The power of attorney signed by the company leader is sufficiently stamped and the company stamp
- The application is signed by the chairman of the company with sufficient duty stamp and company seal
Master List making flow:
In addition to API-P, API-T and API-U import licenses, companies need to apply for import permits for some goods (machinery, raw materials) which is Master List. In accordance with the above explanation regarding the Master List, this permit was made after the company had the API-P, or API-T or API-U import licenses. IndoNed Consultancy has assisted our clients in making Master Lists to conduct business in Indonesia. We always provide the services needed by our clients on doing business in Indonesia, because the success of our clients is our success.
The information provided here is based on our long experience. The process or requirement may vary depending on the specific facts and conditions. Besides, the law and regulations in Indonesia subject to frequent changes. Please contact us as your consultant to get an up to date information and accurate advice. More Information click here and You can also follow our social media accounts to see the latest information posts. please click on the following links: Facebook, Instagram, Linkedin, and Twitter.