Establishing a PT Company
Indonesia’s economy is currently experiencing rapid growth, attracting numerous entrepreneurs and investors from various countries to realize their business ambitions here. For those looking to start a business in Indonesia, there are several business structures to choose from, with the most popular being a Perseroan Terbatas (PT), or Limited Liability Company.
What is a PT ?
A PT is a local company structure established for Indonesian citizens. If you are an Indonesian national or have a reliable business partner in Indonesia, a PT might be a suitable option for you. However, if you are a foreign national, we strongly recommend considering the establishment of a Foreign Investment Company (PMA), which is more appropriate for foreign investments.
7 Easy Steps to Establish a PT in Indonesia :
- Submit the business name to a Notary.
- The Notary will prepare the Draft Deed of Establishment.
- The Ministry of Law and Human Rights will issue a Decree.
- Obtain a Tax Identification Number (NPWP).
- Acquire a Business Identification Number (NIB).
- Use the Online Single Submission (OSS) system to obtain a business license.
- Obtain the Business License.
By following these seven steps, you can establish a PT and start your business in Indonesia with complete legal compliance. The process can be easier and faster if you collaborate with experienced notaries and consultants in company establishment in Indonesia.
Entrust Your PT Establishment to Harmony
Harmony is your trusted partner for company establishment services and the best solution for streamlining the administrative process. Entrust your company establishment documents to Harmony.
