BFIAS helps international investors establish, operate and protect their businesses in Indonesia.
Founded in June 2020 after a discussion with the then Chairwoman of Indonesia’s Investment Coordinating Board (BKPM) about supporting Bali’s recovery from the COVID-19 pandemic, BFIAS began in one of the most uncertain periods in Bali’s modern history. Today, with offices in Bali and Jakarta, it serves as a bridge between international investors, Indonesian authorities and local communities.
30+ YEARS IN INDONESIA
Robert Beard brings more than 30 years of Indonesia experience.
SEVERAL HUNDRED INTERNATIONAL INVESTORS SERVED
BFIAS has served several hundred international investors.
BALI + JAKARTA
With an expanding national reach.
WHAT BFIAS DOES
PT PMA ESTABLISHMENT — One-business-day establishment service once documentation is complete.
NATIONAL SHIELD — A practical framework to identify legal, regulatory and property risks before they become costly problems.
DUE DILIGENCE — Independent assessment of property and business opportunities.
ONGOING COMPLIANCE — Quarterly business activity and tax reporting.
FOREIGN-OWNED FOUNDATIONS — Structures for social, animal-welfare and environmental initiatives.
BALI IS THE HEART. INDONESIA IS THE HORIZON.
Bali remains BFIAS’s home and Indonesia’s leading gateway for international investment. Increasingly, investors are looking further afield: Nusa Lembongan, the Gili Islands, Lombok, Sumbawa, Labuan Bajo, Sumba, the Mentawai Islands, Raja Ampat and Central Java. Government infrastructure investment and the Super Priority Destinations programme are opening these new markets.
BALI AND INDONESIA: A BROADER INVESTMENT LANDSCAPE
Bali remains the starting point for BFIAS, while the firm increasingly supports investors looking beyond the island. The wider Indonesian archipelago presents distinct markets, regulatory environments and investment opportunities.
The firm’s approach is to help international investors understand the local context of each destination while maintaining clarity around company establishment, compliance, property and business risk.
AN INDONESIA-WIDE PERSPECTIVE
“Indonesia is not one island — it is seventeen thousand invitations,” said Robert Beard, founder of BFIAS. “Every destination has its own rules, culture, opportunities and pace. The investors who succeed are those who take the time to understand them — and we are here to help.”

INVESTMENT WITH IMPACT
For BFIAS, responsible investment goes beyond setting up companies
Through its Single Mothers and Children programme with the IDEP Foundation Bali, BFIAS and its clients have supported hundreds of households across Bali. Every BFIAS invoice includes a contribution to the programme.
Investment should create value beyond the balance sheet.
WOMEN, INVESTMENT & ESG
BFIAS also supports the Women’s Investment Entrepreneurs Community Indonesia (WIEC), the Women in ESG & Sustainability Symposium (WESS) and Women in Family Offices Indonesia (WIFO). All three are platforms for women in investment, entrepreneurship, ESG and family wealth.
30+ YEARS IN INDONESIA
Robert Beard brings more than 30 years of Indonesia experience, including many years in Jakarta. His network spans the national business community, KADIN Indonesia and senior leaders across government ministries.
In June 2025, following discussions with the Deputy for Industry and Investment at the Ministry of Tourism, he co-founded the Bali Tourism and Investment Chamber (BTIC), where he serves as Advisor to the Board. BTIC connects tourism, investment, business and government stakeholders to strengthen Bali’s position as a destination for responsible investment.
THE NEXT CHAPTER
Bali is entering a new phase. The development of Kura Kura Bali as an international financial centre could broaden the island’s role beyond tourism, into finance, family offices and wealth management.
BFIAS will continue to serve investors in Bali and Jakarta while expanding across Indonesia. It works closely with government authorities and with partners such as BTIC, and its objective remains the same:
Helping international capital enter Indonesia with clarity, compliance and respect.
The future is not simply about where foreign investment goes. It is about how it arrives, how it contributes and what it leaves behind.
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