Volcanic landscape at dawn in East Java, Indonesia

Structure Smart. Scale Safely.

Corporate advisory for businesses in Indonesia.

KIA Advisory works with founders, business owners and investors on the corporate and commercial matters behind doing business in Indonesia. We assist with company setup, business structuring, commercial contracts, ownership and shareholder matters, corporate changes, investment and transactions.

How we can help

Corporate support through every stage of business.

Businesses rarely stay exactly as they were when they started. Partners join or leave. New activities are added. Contracts become more important. Investors come in. Capital needs change. Opportunities arise to acquire, sell or restructure a business.

Company Setup & Business Structuring

We assist founders and investors establishing businesses in Indonesia, including PT PMA setup, KBLI and business scope, ownership arrangements, capital structure and founder arrangements.

Where several founders or investors are involved, we can also advise on how ownership, contributions, responsibilities and decision-making should be structured from the beginning.

Corporate Advisory & Commercial Contracts

We support businesses with their ongoing corporate and commercial matters, including shareholder and management changes, capital changes, KBLI updates, corporate documentation and the drafting and review of commercial agreements.

This covers agreements relating to day-to-day business activities and commercial relationships, including service, cooperation, supplier and vendor agreements and licensing arrangements.

Ownership, Investment & Transactions

We advise founders, shareholders and investors when ownership, capital or control of a business is changing, including investor entry, shareholder exits, ownership and capital restructuring, shareholder agreements, investment instruments, share swaps and acquisitions.

We can advise from the early structuring of a transaction through negotiation, documentation and corporate implementation.

When we can help

Talk to us when your business is starting, changing or entering something new.

establishing a business in Indonesia
starting a company with partners
determining the right PT PMA and KBLI structure
entering into an important commercial agreement
bringing in a new investor or shareholder
dealing with a founder or shareholder who wants to leave
changing ownership or capital
expanding into new business activities
reviewing a company that no longer fits the way the business operates
restructuring an existing business
acquiring or selling an interest in a company
reorganising ownership between Indonesian and overseas entities
preparing for a larger corporate transaction

You do not need to know exactly what legal or corporate solution you need before contacting us. Tell us what you are trying to achieve and we can discuss how KIA Advisory may be able to assist.

Our approach

Advice that considers the business behind the documents.

Corporate matters are rarely only about paperwork.

A commercial agreement affects how a business earns revenue and manages risk. New investment affects ownership and control. A shareholder change may have consequences for capital and governance. A new business activity may require changes to the company’s structure or licences.

We therefore look at the commercial context as well as the corporate requirements. Our role is to help clients understand the implications of their decisions, consider the available options and translate those decisions into appropriate structures, agreements and corporate actions.

For matters requiring other specialist expertise, we can work alongside notaries, tax advisers, accountants, immigration professionals and other advisers as appropriate.

Selected experience

Experience across corporate, investment and commercial matters.

Investment

Investment and capital restructuring

Advising a founder-led business on the conversion of historic investment instruments, additional capital, new investors, multiple share classes, voting rights and shareholder arrangements.

Transaction

Strategic acquisition and share swap

Advising shareholders of an Indonesian company on a strategic acquisition by an overseas business, including transaction structuring, a share swap and the resulting ownership arrangements.

Ownership

Investor entry and future funding

Advising an owner-operated business on the entry of a new foreign investor, changes to existing shareholding and arrangements for future working-capital contributions.

Ownership

Founder and ownership restructuring

Advising founders on changes to an existing ownership arrangement, the entry of new partners, shareholder agreements and the structuring of related commercial relationships.

Setup

PT PMA and business structuring

Advising foreign investors on PT PMA establishment, KBLI classifications, business activities and the corporate arrangements required to support their intended business model in Indonesia.

Commercial

Commercial agreements

Drafting and reviewing agreements supporting clients’ commercial operations, partnerships and business relationships in Indonesia.

Examples are described in general terms and clients are not identified.

Businesses we have advised

Telunas Resorts
FLS Group
Hacktiv8
Learnext
Jago Coffee
Eko Crowns Dog Training
Govinda Rumi
Keith Rodman
Pawprints
Telunas Resorts
FLS Group
Hacktiv8
Learnext
Jago Coffee
Eko Crowns Dog Training
Govinda Rumi
Keith Rodman
Pawprints

About

About KIA Advisory

KIA Advisory is a corporate advisory practice based in Bali, serving founders, businesses and investors across Indonesia.

Our work spans company setup, commercial contracts, corporate changes, business structuring, investment and transactions, with particular experience in matters involving ownership, capital and significant changes in a business.

Rather than looking only at the document or legal requirement in front of us, we consider how a decision fits into the business, its ownership, its economics and its longer-term plans.

KIA Advisory aims to build long-term relationships with the businesses we advise and to become a strategic partner as those businesses establish, operate, grow and undertake important transactions.

KIA Advisory is part of KIA Consulting Group, which has operated in Indonesia since 2015.

Sunny Sabaru, Founder and Principal Advisor at KIA Advisory

Sunny Sabaru

Founder and Principal Advisor

Sunny’s professional background combines legal and finance, which gives her a strong commercial perspective when advising businesses. Having worked in Indonesia and the Netherlands, she has advised corporations and investors from Europe, the United States, Asia and Australia on investment, capital transactions, corporate matters and business structuring.

Insights

Insights on doing business in Indonesia.

Practical updates and commentary on Indonesian corporate regulation, foreign investment, business licensing, commercial matters and transactions.

View all insights

Contact

Let’s discuss your business.

If you are establishing a company, entering into an important agreement, bringing in an investor, changing an existing structure or considering a transaction, we would be happy to discuss your situation.

The first conversation is complimentary and gives us an opportunity to understand your business, what you are trying to achieve and whether KIA Advisory can assist.

WhatsApp

+62 813 5914 649

Office

Wisma Nusa Permai B10
Kampial, Nusa Dua
Kuta Selatan, Badung
Bali 80361, Indonesia