Local Company Establishment PT

Description

Local Company Establishment PT is the most popular in Indonesia, Indonesia’s economy is growing at an incredible pace and many entrepreneurs and investors are looking to Indonesia to turn their business dreams into a reality and Company Establishment Service is here to help.

The minimum requirements to set up a local PT are:

2 Local Shareholders
1 Local Director
1 Local Commissioner

In addition, there are 3 different sized companies you can make, each requiring a different amount of investment/paid in capital. They are:

Small: Above IDR 50.000.000 – 500.000.000
Medium: Above IDR 500.000.000 – 10.000.000.000
Large: Above IDR 10.000.000.000

Please note, that if you want to employ foreigners, in a PT, the company size must be at least Medium with a paid in capital above IDR 1.100.000.000.

Requirements for Establishment a local company PT?

– Minimum 2 shareholders
– Identity and contact details of Company Shareholders:

For Indonesian Individuals, KTP and NPWP
For Indonesian Companies, copy of Article of Establishment and the amendments and the Approval from the Ministry of Law and Human Right, Domicile Letter, Tax Id, Business License, Company Registration Certificate (TDP/NIB)

– Identity and contact details of Company Directors and Commissioner:

For Indonesian individuals, KTP, NPWP, email and phone number.
For Foreign Individuals, valid passport, email and phone number.
Original Domicile from building management
Copy of Lease Agreement between company and building management

What does the PT stand for and are there any limitations to my business name?

PT is basically the Indonesian equivalent to Limited, Pte or Ltd. In Indonesia you must register your company name in Indonesian using a minimum of 3 words. For example: Klub Rumah Baru. But, don’t worry this is just your company establishment name, you may brand your business with an English name if you prefer.

Do you need to provide proof of transfer of your paid up capital?

Whilst processing our company establishment, you do not need to provide proof of transfer for your paid up capital. You may pay the paid up capital once the company is established. For more information on company establishment in Indonesia, click here!

If you have any questions, feel free to contact pt.Almaha for public services, We specialize in helping people from all over the world with their company incorporation, tax and accounting needs.

You can contact our office +62216540177
Or email us at pt.almahindo@gmail.com or visit our office in Jakarta.