If you are planning to set up a PT in Jakarta, but don’t know where to start, then check out our short guide here.
With so many business opportunities available in Jakarta due to its forever expanding population and tech-savvy young population, there are always new business ventures available for businesspeople and entrepreneurs.
The PT is the most cost-effective way to set up a company in Jakarta, but before you do, make sure you understand how it works and your options!
What is a Perseroan Terbatas
Perseroan Terbatas (PT) is the most common form of company ownership in Indonesia and is primarily used for 100% local ownership.
Who is eligible to set up a PT company in Jakarta
To register a Local PT company, one must possess Indonesian Citizen Identification (KTP) or one could have another Local PT company as the shareholder.
Can a foreigner set up a PT in Jakarta?
A foreigner can not be named a shareholder in a PT as it is strictly for use by Indonesian citizens. If you are a foreigner and planning to register a business in Indonesia, then you may set up a PMA. Check out everything you need to know about the PMA here!
What investment capital must be made to make a PT in Jakarta?
There are three different-sized companies you can make, each requiring a different investment, they are as follows:
Small: 50,000,000 – 500,000,000 IDR
Medium: 500,000,000 – 10,000,000,000 IDR
Large: Above 10,000,000,000 IDR
The type of business you are investing in, plus your requirements will affect the size of the business you are registering. For full requirements, check out our PT page here!
What is the Negative Investment list and why do foreigners need to be aware of it?
The negative investment list was created to protect certain industries from foreign ownership either wholly or partially.
Therefore, some businesses can only be owned under the PT company structure. The list is extremely exhaustive, so we are unable to write all the categories here, so if you need advice on this, then ask our team.
Can a foreigner be a Director in a PT company?
A foreigner is eligible to be a director on a PT depending on investment values and company size. It must be at least a Medium sized company with at least an investment above 1,000,000,000 IDR.
Can I register a company in Jakarta without a legal advisor?
Legally you can register your own company without a legal advisor, but there are a lot of different requirements and business areas that can lead people to choose the incorrect business categories. It is advisable to work with a legal consultant to ensure you register your PT correctly.
How can LetsMoveIndonesia help with PT Company Registration?
Our qualified legal team assists dozens of people and international businesses set up business in Indonesia every single month. As the first national agency that openly advertises our prices, we have become the most cost-effective national agency in the country. Therefore, people tend to work with us for their legal and visa needs.
For all things related to registering a business in Bali, check out our Company Registration Jakarta Page!
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