PT Company

Private Limited Liability Company (Perseroan Terbatas, PT Company)

The Private Limited Liability Company, commonly referred to as PT, is the most popular and secure business structure for foreign investors in Bali. It features a straightforward process for document registration, establishment, and closure. To establish a PT, all company founders must be Indonesian citizens, and the minimum authorized capital required is 50 million IDR.

Requirements for PT Registration

To successfully register a PT, the following documents and details are needed:

– Three suggested names for the company to choose from
– Copies of the identity cards for both the Commissioner and Director
– A recent 3×4 cm photo
– The address, which must include a lease agreement and relevant building permits (IMB/SLF)
– A copy of the land ownership certificate

Post-Registration Documents

Once the registration process is completed, you will receive several important documents, including:

• – Deed of Establishment
• – Decree from the Minister of Justice (SK)
• – AHU data
• – NPWP (Tax Identification Number)
• – PKKPR (Location Permit)
• – Standard Certificate (if applicable)
• – NIB (Business License)
• – Permanent Business License from the Investment Coordinating Council

Timeline for Registration

The registration process for a PT in Indonesia typically takes between 2 to 3 weeks, making it a relatively quick and efficient option for setting up a business.