- Foreign ownership in Indonesia is allowed, but viability depends on activity-specific caps, scale thresholds, and licensing interpretation.
- The Positive Investment List guides policy intent, but practical access is shaped by overlapping ownership, capital, and licensing rules.
- Business activity classification determines ownership rights, local partner requirements, and long-term scalability.
- Early feasibility analysis is critical, as structuring errors typically surface later during expansion, financing, or exit.



