Table of Contents hide 1) Open PT 2) Closed PT 3) Domestic PT (PT PMDN) 4) Individual PT 5) Foreign PT (PT PMA) 6) General Public PT This article provides a comprehensive overview of the various types of PT companies in Indonesia, including their definitions and characteristics. Also read: What is Perseroan Terbatas (PT) in Indonesia?
To start a PT PMA in Indonesia, business owners must invest a paid-up capital of IDR 10 billion (approx. USD680,000+). This paid-up capital is required at the start of the company incorporation and excludes building and land assets. This regulation was passed in June 2021 with no sanction details should a company fail to meet these requirements.
1. Local Company / Perseroan Terbatas (PT) PT is also known as a limited liability company which is a legal entity to run a business that consists of capital shares. It is the most common business entity in Indonesia's market as it has a small capital requirement for start-ups, and it has a faster set-up time as compared to foreign companies
A foreign PT is an LLC that is incorporated in, and subject to, the laws of a foreign country. When an external company establishes a PT in Indonesia, the business is also subject to the laws and regulations of Indonesia. A general public PT is an LLC that has a free-share type ownership system.Market Cap: USD 10.64 B. The petrochemical company PT Chandra Asri Petrochemical Tbk is based in Indonesia. Olefins (Ethylene, Propylene, Py-Gas, and Mixed C4), Polyolefins (Polyethylene andPower of Attorney (PoA): Healy Consultants Group drafts and emails our Client i) PoA ii) letter of share capital allotment and iii) letter confirming registered address, for signatures and courier back to Indonesia. Name reservation: Our Incorporation Team reserves the company name with the Ministry of Justice and Human Rights. Fptj.