Co-ownership
Bali restaurant investment: co-own a venue we build and open.
Bali restaurant investment with us means co-ownership: you hold shares in the Indonesian company (PT PMA, a foreign-owned limited company) that holds the lease and licences of a restaurant we build and open, with a shareholders' agreement drafted by a notary. Ticket size, reporting and exit terms are set per project and sent as a project sheet on WhatsApp. We do not promise a return: a restaurant is an operating business with thin margins.
How restaurant co-ownership in Bali works.
You become a shareholder, not a lender and not a name on a side letter. A notary records your shares in the deed of the company that signs the lease and holds the building approval and the operating licences. The shareholders' agreement sets how decisions are taken, what is reported and how a shareholder can leave. We do not use nominee arrangements: Bali's Regional Regulation 4/2026 prohibits nominee land ownership (as reported by RRI).
Our part is the one most investors cannot supervise from abroad: we check the site and its zoning, design, build with the Kimo Construction team, fit the kitchen, arrange company and licences through partner notaries, and open the venue. It is then run with an operator named in the project sheet. More in how restaurant co-ownership works in Indonesia.
What a co-owner receives.
The exact list is fixed in each project's shareholders' agreement. As a rule:
- Shares in the PT PMA, shown in the notarised company deed.
- A monthly report: sales, costs, cash position.
- Read access to the point-of-sale (POS) figures, so reported sales can be checked against the till.
- A vote on reserved matters, the decisions the majority cannot take alone; they are defined per project.
- Copies of the lease, the building approval and the licences.
- Before you commit: the budget by line. Our ranges are public on the build cost page.
Capital rules for a foreign-owned restaurant company.
| Rule | Figure |
|---|---|
| Paid-up capital, per company (not per shareholder) | IDR 2.5 billion (about USD 150,000) |
| Investment plan, excluding land and buildings | above IDR 10 billion (about USD 606,000) |
| How the plan is counted for food and drink | per regency or city: a restaurant, bar and café in one regency can share a plan |
| Foreign ownership of a restaurant (KBLI 56101) | up to 100% |
Source: BKPM Regulation 5/2025 and Perpres 10/2021 as amended, as explained by Hukumonline Klinik, 25 June 2026. USD at IDR 16,500 per US dollar.
Margin benchmarks from third parties.
These figures describe other people's businesses and come from parties with something to sell. They are benchmarks, not a forecast for any project of ours.
| Source | What it says |
|---|---|
| Our Year in Bali (operator view, undated) | Café under 65 seats: about USD 35,000 revenue a month, 12–18% profit. |
| Klikit, Indonesia, 2026 | Net margin: casual dining 5–12%, fine dining 10–20%. |
| DDA Real Estate, October 2025 (broker) | 15–25% net margin, payback of about two years. Promotional. |
| Searchfunder listing, Uluwatu restaurant for sale | Twelve-month turnover of USD 453,000, profit of USD 17,000. |
Sources as named; none is audited. The same island produces a double-digit margin and one under 4%.
Risks of a Bali restaurant investment, stated plainly.
- Operations. A restaurant earns only when it is run well every day, among 64,521 restaurants and eating houses in Bali (GoodStats, citing BPS, 2024).
- Seasonality. Hotel revenue per room is weakest in February and March, and domestic arrivals fell about 5% in 2025 (Horwath HTL, March 2026).
- Lease. Commercial leases are often prepaid for five or ten years; an extension is a new deed at the land value of that day (Emerhub; Horwath HTL).
- Zoning and regulation. Restaurants were demolished at Bingin and sealed at Jatiluwih in 2025. Since May 2026 Bali blocks new foreign-owned companies in lower-risk business codes (Emerhub), and consultants disagree on how far that reaches into food and drink.
- Tax. Corporate income tax is 22%; the 0.5% final tax is closed to limited companies (PP 20/2026). Bar revenue can fall under a 40–75% entertainment tax, depending on licensing (Law 1/2022).
- Liquidity, currency, loss. A minority share in a private company has no ready market, revenue is in rupiah, and you can lose part or all of the money.
Restaurant share or villa: a different risk, not a smaller one.
Short-term rental villas had to prove full licensing by 31 March 2026 or be removed from booking platforms, and foreign individuals cannot hold that licence directly (Horwath HTL, March 2026). That is a land-and-licence risk.
A restaurant on correctly zoned dry land, held through a PT PMA with a notarised lease, has fewer of those unknowns and carries operating risk every day instead. On protected rice fields it is exactly as exposed as a villa. Compare: is it worth buying a villa in Bali and is Bali property a good investment.
How to invest in a restaurant in Bali with us.
- 01
Ask for the project sheet
Message us on WhatsApp. The sheet states the location and zoning result, lease term, budget by line, operator, share structure, ticket size, reporting and exit terms. If no project is open, we say so.
- 02
Take your own advice
Send the draft documents to your lawyer and tax adviser at home.
- 03
See the site and sign
Walk the plot or building, in person or by video. The share deed and the shareholders' agreement are signed in front of a notary.
- 04
Follow the build
Weekly photo reports during construction, monthly reports once the venue trades.
Questions we get on WhatsApp
Are there Bali restaurant investment opportunities open now?
Projects open and close, so we do not list them publicly. Ask on WhatsApp for the current project sheet. Sector background: Bali hospitality investment, rooms versus food and drink.
What return can I expect?
We do not state an expected return, yield or payback. Third-party margin benchmarks run from 5% to 25% and come from interested parties. What a venue can earn depends on its site, operator and costs. See sector margins with sources.
What is the minimum ticket?
Ticket size is set per project and stated in the project sheet. The legal floor applies to the company, not to you: IDR 2.5 billion of paid-up capital. See the licences page.
Can I be a silent partner, and how do I exit?
You hold shares and do not run the venue, but you still receive reports and vote on reserved matters. Exit terms are set per project in the shareholders' agreement; treat a minority share as illiquid. See the co-ownership guide.
How are profits taxed?
The company pays corporate income tax at 22%. Tax on dividends paid abroad depends on your country's treaty with Indonesia, so confirm it with a tax adviser. Australians can start with investing in Bali from Australia.
Read next
Restaurant co-ownership
Restaurant co-ownership in Bali explained: PT PMA shares, shareholders' agreement, reporting, dividends, exit and 10 red flags. Ask for a sheet on WhatsApp.
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