Incorporation process in Denpasar is fast. To set an example, it is around 4-6 months faster in Denpasar than in Badung. One of the reasons being that PMA Recommendation is not part of the requirements in Denpasar. Which comes to out-of-pocket fees to the authorities, it also costs about 300$ less on average.
Using a virtual office in Denpasar also helps keep costs under control. Let’s start with maintaining one of your highest expenses – office rent. By using a virtual office, you do not need to rent physical office space and save a significant amount of money. Keeping in mind, it is not uncommon to ask five years of rent in advance in Bali.
There is one more way for you to save money. Keep the out-of-pocket fees for the Klian Recommendation for company’s Domicile Letter low. In Denpasar the fund for it is around $US 290.19 (IDR 4,000,000). Yet, in Badung you can consider the amount to be around $US 508.3 – 653.5 (IDR 7,000,000-9,000,000).
Faster Company Registration.
A survey is necessary when approving the Domicile Letter. Denpasar is appealing especially with business purposes in mind. Meanwhile the area is known to be more local. Thus, the authorities are not as occupied as in other areas and you are able to process documents faster.
Easy to Reach the Authorities.