PT.PMA – Foreign-owned investment companyNPWP – Tax Identification NumberIMB -IMB (Izin Mendirikan Bangunan) is a building permit.Pondok Wisata – License to rent your villa out to tourists.Notaris – An official responsible for drafting and authenticating lease & legal agreementsBPHTB – Land and Building Acquisition TaxHak Malik – FreeholdGreen zone – Cannot build onYellow zone – legal to build on.Hak Pakai – LeaseholdAre – Unit of measure predominantly used in Indonesia. 1 are = 100sqm’sIDR – Currency used in Bali. 15,250 IDR = $1

Glossary (commonly used words)