IDR 10 bn
The ownership structure
A PT PMA holds the flag for a foreign principal. The maritime-sector capital requirement is roughly USD 650,000 — more than four of the five vessels available. Settle this before you shortlist a hull, not after.
Owning & operating
What Happens After You Buy Her
The purchase is the short part. A phinisi that will charter in Indonesia needs an Indonesian owning entity, the Indonesian flag, an operator licence, certified crew and a permit for every leg — and the company capital requirement alone is larger than four of the five vessels on our book.
- IDR 10 bn
- PT PMA maritime capital requirement
- 2 regimes
- Indonesian flag or foreign flag
- 6–14%
- Indicative net yield, managed
- Per leg
- Sailing approval, every departure
Quick answer
Foreigners own a chartering phinisi through an Indonesian entity — a PT PMA holding the flag — or hold it privately under a bareboat arrangement. Which route is right is decided before the vessel, not after, because the capital requirement can exceed the hull price.
- A foreign-flag yacht cannot operate in-country charter at all.
- Survey, sea trial and document audit are conditions of sale, not extras.
- Managed charter runs on the group’s own crews, standards and calendar.
Orientation, not advice
Indonesian company, maritime and tax rules change, park fees are revised, and the right structure turns on facts specific to you. Treat this silo as preparation for a first conversation. Counsel confirms the compliant route before any deposit moves, and the desk confirms current fees before each season.
Four things to settle
The Silo, in the Order It Actually Happens
Structure first, because it is the long lead item and the expensive one. Everything else follows from it.
The whole stack
Everything a Chartering Phinisi Needs
Read the chips. Roughly half of this does not apply to a privately held vessel, and some of it recurs every voyage rather than once at setup.
- Required
PT PMA incorporation
The Indonesian entity that owns the vessel and holds the flag. Capital requirement IDR 10 billion in the maritime sector.
One-time · see /pma-setup-indonesia/
- Required
Business registration and investment approval
NIB through OSS, then the investment plan and capital schedule approved. The activity classification chosen at incorporation decides which licences follow.
One-time
- Required
Indonesian flag registration
Vessel nationality, tonnage and safety certificates. The flag is what permits in-country charter.
One-time · see /indonesia-yacht-permit/
- Conditional
Sea transport operator licence
Held at company level to carry guests commercially. Not needed for a hull held privately.
Commercial charter only
- Required
Tax registration
Corporate tax number, VAT registration and electronic invoicing before the company can trade.
One-time
- Required
Certified crew
Basic safety training, medical fitness and competency certification appropriate to the tonnage band. Currency audited at survey.
Ongoing · see /phinisi-crew-hire/
- Required
Sailing approval per departure
Obtained from the harbourmaster for every port-to-port leg, recording route, destination and manifest.
Every voyage
- Required
Marine-park permits
Charged per guest and administered per region. Komodo through the park authority, Raja Ampat through the regency government.
Per region, per guest
- Conditional
Managed charter agreement
If the vessel is going into the fleet. Commercial terms are quoted per owner against a named hull.
Optional · see /charter-conversion-roi/
Amounts are deliberately absent throughout this silo. Company setup fees, permit fees and park tariffs all move, and the previous build published figures for each that had no source — including two contradictory Komodo fees on the same page. The desk quotes current numbers against a named vessel.
The fork in the road
Charter Her, or Keep Her
Almost every requirement in this silo turns on this single answer.
| Specification | She will charter | Private use only |
|---|---|---|
| Owning entity | PT PMA, Indonesian | Bareboat arrangement |
| Company capital requirement | IDR 10 bn, maritime sector | None |
| Flag | Indonesian | Depends on the structure |
| Operator licence | Required | Not required |
| Crew certification | Full commercial set | Reduced |
| Ongoing filings | Corporate, tax and investment reporting | Fewer |
| Can earn against ownership cost | Yes — 6–14% indicative | No |
Orientation only. Both routes are confirmed with counsel against your own facts before any deposit moves.
Where this silo sits
Buying Is Silo One. This Is Everything After.
The buying silo answers which vessel and what it costs. This one answers whether you can legally operate it, who has to be aboard, and whether it can earn. Those questions have different answers depending on one thing — whether she charters — and that answer should be settled before a shortlist exists.
The order matters more here than anywhere else on the site. A buyer who picks a USD 153,000 hull and then discovers the company behind it needs roughly USD 650,000 of capital has done the work in the wrong sequence.
- Ownership structure Can I own it?
- PT PMA against bareboat, and the capital requirement that decides between them
- Permits & flag Can I sail it?
- The two flag regimes, the clearance stack, and the four cruising regions
- Crew hire Who runs it?
- Composition sized to guest capacity, and the certification that must stay current
- Charter conversion Can it earn?
- Indicative yield, what drives it, and the three levels of involvement
The four pages
Work Through Them in This Order
Sequence
Settle the Structure Before the Shortlist
One question changes everything in this silo: will she charter? Answer it and the desk maps the compliant route, the flag, the crew and the projection against a specific hull — with counsel, before any deposit moves.
Or call +62 811-3941-4563
- Both ownership routes mapped with counsel
- Current permit and park fees confirmed per season
- Written charter projection with a downside case