Ease of Doing Business in
Palembang - Indonesia
This page summarizes Doing Business data for Palembang. The first table shows its rank among 20 cities/regions in Indonesia. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.
Economy Overview
| Region |
East Asia & Pacific |
| Income Category |
Lower middle income |
| Population |
242,325,638 |
| GNI Per Capita (US$) |
2,940.00 |
|
Ease of Doing Business Rank among 20 cities in Indonesia
|
Top city in Indonesia |
| n.a. |
n.a. |
Subnational Data
Starting a Business
Info
The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.
| Indicator |
Palembang |
East Asia & Pacific |
OECD |
The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries). View methodology
Procedures (number)
|
10 |
7 |
5 |
The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments. View methodology
Time (days)
|
34 |
36 |
12 |
Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law. View methodology
Cost (% of income per capita)
|
19.0 |
22.4 |
4.5 |
The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita. View methodology
Paid-in Min. Capital (% of income per capita)
|
46.6 |
13.4 |
13.3 |
| No. |
Procedure |
Time to Complete |
Associated Costs |
| 1 |
Arrange for a notary; obtain the standard form of the company deed; obtain clearance for the company name electronically from the Ministry of Law and Human Rights
|
4 days
|
IDR 200,000 (name clearance and reservation)
|
| 2 |
Notarize company documents before a notary public
|
1 day
|
IDR 3,020,000 (notary fee)
|
| 3 |
Obtain a certificate of company domicile from the local municipality
|
2 days
|
No cost
|
| 4 |
Pay the State Treasury for the non-tax state revenue (PNBP) fees for legal services at a bank
|
1 day
|
No cost
|
| 5 |
Apply to the Ministry of Law and Human Rights for approval of the deed of establishment
|
14 days
|
IDR 1,580,000 (IDR 1,000,000 for validation of company as legal entity + IDR 30,000 for publication in the State Gazette, BNRI + IDR 550,000 for publication in the Supplement to the State Gazette, TBNRI)
|
| 6 |
Obtain a taxpayer registration number (NPWP) and a Value Added Tax (VAT) collector number (NPPKP) from the local Tax Office
|
3 days
|
No cost
|
| 7 |
Obtain a location permit (SITU) from the Licensing office (Kantor Pelayanan Perijinan Terpadu, KPPT)
|
3 days
|
IDR 300,000
|
| 8 |
Apply for the permanent business trading license (Surat Izin Usaha Perdagangan, SIUP) and the registration certificate (Tanda Daftar Perusahaan, TDP) at the Licensing office (Kantor Pelayanan Perijinan Terpadu, KPPT)
|
5 days
|
No cost
|
| * 9 |
Register with the Ministry of Manpower at the local Manpower Office
|
2 days
|
No cost
|
| * 10 |
Apply for the Workers Social Security Program (Jamsostek Program)
|
4 days
|
No cost
|
* Takes place simultaneously with another procedure.
Subnational Data
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