Capital Transfer Through Indonesia

A preliminary decision was found here - https://bali-legal.com/en/vyivod-kapitala-cherez-indoneziyu-en.

Indonesia is emerging as a strategic hub for:

• Receiving funds via SWIFT from China, the USA, Europe, and Arab countries

• Collecting funds in a local bank account from these regions and transferring them via SWIFT to China, the USA, Europe, and the Middle East

• Accepting payments in cryptocurrency (by connecting a company account to an Indonesian crypto exchange) and transferring funds via SWIFT to China, the USA, Europe, and other regions

Some transactions are successful, while others are blocked.These rules work best when the primary shareholders of the Indonesian company are not citizens of countries under sanctions. If you are a Russian citizen, it's advisable to have trusted individuals in Indonesia open a company using their documents, while limiting their control over company funds. We assist in finding and selecting such trusted partners.

Key Points for Using Indonesia as a Financial Hub:

• Payments from Russia can be routed through Vietnam, Cambodia, and Laos before reaching Indonesia

• Transfers via SWIFT from Indonesia to China, the USA, Europe, and the Arab world are restricted if Russian citizens are company shareholders

• SWIFT transfers to an individual's account (with an Indonesian bank card) tend to be more successful than to a corporate account

• A bank card in Indonesia cannot be obtained without a KITAS (Temporary Stay Permit), which requires having a company in Indonesia - https://bali-legal.com/en/kitas-company-en

• The simplest way to manage funds in Indonesia is by linking a cryptocurrency account to your company, allowing easy distribution of payments to suppliers

• The daily transfer limit from Indonesia is up to 100,000 USD via SWIFT and around 1,200,000 USD in crypto (easier to achieve with a company that has local shareholders)

How to Implement Two Main Money Movement Schemes Through Indonesia with Us?

We offer comprehensive support for setting up international money movement schemes through Indonesia. Here’s how we work together:

STEP 1: Initial Consultation

STEP 2: Defining the Task

Our manager will help you define and set a clear technical task, which will include:

• Specifying countries where you will receive money

• Specifying countries where you will send money

• Structuring control and distribution within Indonesia

We will work on three main options:

• Receiving via SWIFT: Funds are received through a nominal company in Vietnam, transferred to a company in Indonesia, and then sent worldwide

• Receiving via Crypto Exchange: Funds are received through a nominal company in Indonesia and transferred worldwide using cryptocurrency

• Mixed Approach: A combination of the above two options, tailored to your specific needs

After defining the task, we will create a project budget.

STEP 3: Implementation

Once tasks are defined, the implementation phase will include:

• Setting Up Companies: Establishing the necessary companies in Southeast Asian countries

• Finding Executives and Setting Agreements: Identifying and negotiating with nominee shareholders

• Budget Planning: Determining the operational budget and salary fund, typically around 300-400 USD/month

• Signing Beneficial Ownership Agreements: Legalizing beneficial ownership arrangements

• Receiving Documents: The beneficial owner will receive all required documents

• Opening Accounts: Setting up bank accounts or crypto accounts to facilitate the money movement scheme

• Obtaining Payment Tokens: Issuing payment tokens and providing access to the owner

After these steps, you can independently test the scheme and adjust company and payment settings as needed.