This type of business license is generally considered the most popular in Bali and safe for foreign investors. It has a very clear process of registration of documents for registration, starting and closing. The founders of the company must only be citizens of Indonesia. The authorized capital of the PT must be at least 550 million IDR.

A local PT (perseroan terbatas) is a limited liability company that is fully owned by Indonesian individuals (or Indonesian companies), thus foreigners cannot own a stake in this type of company (not even the smallest stake).Therefore, because the shareholders are Indonesian, it is also a much easier process to establish a PT than to register a PT PMA (as the local PT is subject to much less What means PT in Indonesia company? The reference to "PT" in all Indonesian company names is an abbreviation for Perseroan Terbatas which means "limited (liability) company" and therefore equates The Investment Coordinating Board in Indonesia ( BKPM) specifies the minimum capital requirements for a PT PMA to be IDR 10 billion, depending on the industry foreigners invest in. This minimum capital amount is just a rough plan and will be invested per the company's proposed investment plan over three years. In general, the minimum capital An Indonesia PT's paid up share capital depends on the size of the company. There are three sizes of a local company and they are: i) a small size company with a paid up capital between US$3,745 to US$37,435, ii) medium size entity with a share capital between US$37,435 to US$748,740 and iii) a large company that requires a share capital The Milestones of Pertamina has started in the 1950s, the Government of the Republic of Indonesia appointed the Army, which later established PT Eksploitasi Tambang Minyak Sumatera Utara to manage oil fields in the Sumatra region. On 10 th December 1957, the Company then changed its name to PT Perusahaan Minyak Nasional, abbreviated to PERMINA
Julia Kagan Updated March 28, 2022 Reviewed by JeFreda R. Brown What Is a Perseroan Terbatas (PT)? Perseroan Terbatas (PT) is the type of legal entity that a foreign company, foreign
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  • pt in indonesia company names