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Can you sit on a board there?

Pick a market. You get the residency test, the nationality test, the work-authorisation position, the appointment steps in order, and the frictions that actually delay appointments — each cited to the instrument that creates it.

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Foreign nationals serve as commissioners on Indonesian public companies. The gate is sectoral: some licensed activities restrict foreign participation in management, and a resident role requires a work permit.

Residency test
No general residency requirement for a commissioner of a public company. Some regulated sectors impose residency or nationality conditions on specific positions.
Nationality test
Foreign-investment negative-list and sectoral licensing rules restrict foreign participation in defined activities. Establish the sector's position before assuming the general rule applies.
Work authorisation
A non-resident commissioner attending meetings does not require a work permit. A resident commissioner or any Direksi role requires RPTKA approval and the corresponding permit.
Board language
Board documentation is commonly in Bahasa Indonesia; deeds and filings are in Bahasa Indonesia in every case.
Tenure limit once appointed
OJK regulation limits the number of consecutive terms an independent commissioner may serve before the board must state its reasons for continuing to treat them as independent.
Time commitment
The Board of Commissioners typically meets at least six to twelve times a year, with joint meetings with the Direksi at prescribed intervals.
What a seat pays
IDR 300m – 1.2bn a year for an independent commissioner of a large IDX-listed company, varying widely by sector.
Tax on your fees
Commissioners' remuneration is Indonesian-source income with withholding for non-residents; treaty relief varies.

The appointment steps, in order

  1. 1Appointment by the general meeting of shareholders
  2. 2Notification of the change to the Ministry of Law and Human Rights and, for a public company, to OJK and the IDX
  3. 3Filing of the independence statement where the appointment is as an independent commissioner
  4. 4For a bank or insurer, OJK fit-and-proper assessment before the appointment takes effect

What actually gets in the way

  • The terminology is the most common and most consequential misunderstanding — a foreign candidate offered a 'director' role in Indonesia is being offered an executive position
  • Board documentation is commonly in Bahasa Indonesia; deeds and filings are in Bahasa Indonesia in every case
  • OJK limits the number of concurrent positions a commissioner may hold, which constrains portfolio building
  • A resident role requires work-permit sponsorship and is subject to expatriate-employment rules

The instruments behind these answers

  • Law No. 40 of 2007 on Limited Liability Companies Establishes the two-organ structure: the Direksi (Board of Directors) manages and represents the company, and the Dewan Komisaris (Board of Commissioners) supervises the Direksi and advises it. Public companies must have at least two members on each. (Republic of Indonesia)
  • OJK Regulation No. 33/POJK.04/2014 Requires at least thirty per cent of the Board of Commissioners of a public company to be independent commissioners, and prescribes the independence criteria. (Otoritas Jasa Keuangan)
  • OJK Regulation No. 55/POJK.04/2015 Requires an audit committee of at least three members chaired by an independent commissioner, with at least one member holding accounting or financial expertise. (Otoritas Jasa Keuangan)
  • OJK governance guidance for public companies Comply-or-explain guidance on board effectiveness, nomination and remuneration functions, risk oversight and shareholder engagement, reported annually. (Otoritas Jasa Keuangan)

Reviewed against primary sources in September 2026. This is governance decision-support, not legal or tax advice. Rules change and transitional provisions frequently apply — verify against the primary instrument before you rely on it.

Eligibility is only the first question

Being allowed to sit on a board there is not the same as being read for one.

The mobility index answers the second question: whether your record is legible to a board in that market, whether you hold what it is currently short of, and whether you can do the job in the language its board works in.