GBCORP · BUY-SELL BUSINESS · INDONESIA
Buy or Sell a Business in Indonesia
GBCORP sells and buys Indonesian companies in transactions up to USD 20 million, from distributors and manufacturers in Jakarta and Surabaya to hotels, villas and hospitality businesses in Bali. We run each deal from valuation to the notarial deed and registration, in Indonesian or English, with our local partner network of notaries, lawyers and accountants.
Why Indonesia
Indonesia is the largest economy in Southeast Asia and the fourth most populous country in the world, with a young and fast-growing middle class. Consumer goods, logistics, digital services, food and hospitality all grow with it, from Jakarta and Surabaya to Bali.
Most sectors are now open to full foreign ownership under the government’s investment list, and licensing runs through the risk-based Online Single Submission system. That has widened the pool of buyers for Indonesian companies, from regional groups to investors from Australia, Singapore, the Gulf and Europe.
Choosing what to buy? Our quick checklist for picking a good business to buy is a useful start.
Selling your Indonesian company
For owners who want regional and international buyers, a defensible price and a confidential process.
Valuation you can defend
Normalised earnings and a market-tested price, with property, licences and seasonality reflected in the value.
Regional and foreign buyers
Buyers from Indonesia, Singapore, Australia, the Gulf and Europe, screened before they see your name.
Hospitality in Bali
Hotels, villas, restaurants and tourism businesses, valued with their land rights and licences in mind.
Confidential process
An anonymous profile first; full figures only under a signed NDA.
Buying a business in Indonesia
For entrepreneurs, investors and companies looking for an operating business in Southeast Asia.
Deal sourcing
Companies in Jakarta, Surabaya, Bandung, Bali, Batam and the regions, including off-market opportunities.
Due diligence
Corporate, licence, tax, land-title and employment checks, coordinated with Indonesian notaries and lawyers.
Proper structures
Foreign buyers acquire through a licensed PT PMA. Nominee arrangements are void under Indonesian law, and we never use them.
Land rights
Foreigners cannot hold freehold land; we check the building and use rights a company holds before you buy.
How an Indonesian deal runs with GBCORP
Six stages, one point of contact. Most sales complete in six to twelve months.
01 · Valuation and preparation
We review the accounts and licences, normalise earnings and prepare the sale documents.
02 · Confidential approach
An anonymous teaser, then an information memorandum to screened buyers under NDA.
03 · Offers and letter of intent
We compare offers on price, structure and certainty, then agree heads of terms.
04 · Due diligence
The buyer’s advisers review finance, tax, licences, land rights and staff.
05 · Approval and deed
The shareholders approve the transfer, and it is executed as a notarial deed before an Indonesian notary.
06 · Registration and handover
The change is reported to the Ministry of Law, the licences are updated in the OSS system, and staff and customers are introduced.
Indonesian rules that shape the deal
The points that decide structure, timing and cost in an Indonesian transaction.
- Notarial deed. Shares in an Indonesian limited company (PT) are transferred by a notarial deed, and the change is reported to the Ministry of Law through its online system.
- Approval and first refusal. The general meeting of shareholders approves the transfer, and the articles often give existing shareholders the first right to buy.
- Foreign ownership. The investment list sets which sectors are open to full foreign ownership, which have caps and which are reserved for local small businesses; a foreign-owned company (PT PMA) must also meet minimum investment and capital requirements.
- Licences in OSS. Business licences are issued and updated through the risk-based Online Single Submission system and must match what the company actually does.
- Land and nominees. Foreigners and PT PMAs cannot hold freehold title and use building and use rights instead. Nominee arrangements are void under the Investment Law.
- Competition notification. Acquisitions that meet asset or turnover thresholds must be notified to the competition commission (KPPU) after closing.
Local partners, one point of contact
GBCORP runs each Indonesian deal end to end with our local partner network: notaries, lawyers and accountants. We work with owners and buyers in Jakarta, Surabaya, Bandung, Medan, Bali, Batam and the regions.
We speak your language. Our advisors work in Indonesian and English. We handle transactions up to USD 20 million; fees are agreed per mandate and quoted on request.
Questions about buying and selling in Indonesia
The questions we hear first, answered plainly.
How long does it take to sell a business in Indonesia?
Most company sales take six to twelve months from valuation to registration. Finding the right buyer and due diligence take most of that time, and licence updates in the OSS system follow the deed.
Can a foreigner buy a business in Indonesia?
Yes, in most sectors. The investment list sets which sectors are open to full foreign ownership and which have caps or are reserved for local small businesses. Foreign buyers hold the business through a PT PMA that meets minimum investment and capital requirements.
Can a foreigner buy a hotel or villa business in Bali?
Yes, through a properly licensed PT PMA that holds the business and its building or use rights. Foreigners cannot hold freehold land and nominee arrangements are void, so we check the land rights and licences before any offer.
How are shares in an Indonesian PT transferred?
The shareholders approve the transfer, existing shareholders’ first right to buy is respected where the articles give one, the transfer is executed as a notarial deed, and the change is reported to the Ministry of Law and reflected in the company’s licences.
What size of business does GBCORP handle in Indonesia, and what does it cost?
We advise on transactions up to USD 20 million, from owner-run companies to established distributors and hospitality businesses. Fees are agreed per mandate and quoted on request after a confidential first conversation.
Guides to buying or selling a business in Indonesia
The essentials every buyer and seller should read before a first conversation.
Nearby markets and deal flow
Cross-border buyers often compare neighbouring markets. Each one has its own local advisory page.
Talk to our team
Considering buying or selling a business in Indonesia? Reach out for a confidential first conversation.
