Hey people,I'm new to all this and recently brought into...

Hey people,
I'm new to all this and recently brought into KRM

I have a business in West Sumatra,

bit confused with the 51% of the company has to be held in a Indonesian persons name.
to me this sounds like its setup as a CT company, which is domestic company in Indonesia.

the company I am involved in has moved from a CT company 15 yrs ago, into a foreign investment company PT, then into a PMA company which is a foreign investment company in Indonesia.

The PT or PMA company is 95% foreign owned and 5% Indonesian owned

just wondering why the 51% owned company can't be moved into a foreign investment company where KRM owns 95% stake.

that's my understanding of how the foreign investment companies work in Sumatra and or Indonesia.

bit confused sorry?