Corporate Setup for Local PT (Perseroan Terbatas) is a comprehensive service for Indonesian individuals or entities looking to establish a fully compliant local company in Indonesia. We handle the entire incorporation process in accordance with Indonesian corporate, licensing, and tax regulations, ensuring your company is ready to operate legally and efficiently.
Why Establish a Local PT
A Local PT is the most common and flexible business entity for conducting commercial activities in Indonesia. Establishing a Local PT allows you to: – Operate a business legally under Indonesian law – Enter into contracts and commercial agreements – Open corporate bank accounts – Apply for business licenses through OSS – Scale operations and attract local or foreign partners in the future
Key Requirements for Local PT Establishment
Shareholders
- Minimum 2 (two) shareholders
- Shareholders may be Indonesian individuals or Indonesian legal entities
- Shareholding structure must be reflected in the Deed of Establishment
Directors & Commissioners
- Minimum 1 (one) Director and 1 (one) Commissioner
- Director and Commissioner must be Indonesian citizens
- Director manages daily operations; Commissioner supervises the Director
Capital Structure
- Capital requirements depend on company classification (Micro, Small, Medium, or Large Enterprise)
- Authorized, issued, and paid-up capital must comply with prevailing regulations and OSS requirements
Business Activities
- Business activities must be selected according to KBLI codes
- Certain business sectors may require additional licenses or approvals
Scope of Local PT Setup Services
Our end-to-end Local PT establishment services include:
- Initial consultation on company structure and business activities
- Determination of eligible KBLI classifications
- Preparation and notarization of the Deed of Establishment
- Approval and registration with the Ministry of Law and Human Rights
- OSS registration and issuance of Business Identification Number (NIB)
- Assistance with obtaining required business licenses
- Tax registration and issuance of Tax ID (NPWP)
- Assistance with company domicile requirements
Deliverables
Upon completion, the client will receive: – Deed of Establishment and approval certificate – Company registration details – NIB and OSS licenses – NPWP (Tax ID) – Official corporate documents ready for operation
Timeline
- Approximately 14 working days, subject to document completeness and regulatory approval
Important Notes
- Capital structure and licensing requirements depend on business scale and sector
- This service does not include post-establishment compliance
- Additional permits may be required for regulated business fields
