Frequently Asked Questions about PT Incorporation
How long does the PT incorporation process take?
Duration depends on the type of PT, the completeness of documents, and the business field. An Individual PT is generally the quickest, a standard PT takes a few working days, and a PT PMA takes longer because it involves licensing by KBLI. We give an exact estimate after reviewing your data.
How much does it cost to set up a PT?
Cost is affected by the type of PT, notary fees, authorized capital, official fees, and any address and additional licence needs. Contact us with your requirements and we will send a transparent cost breakdown with no hidden fees.
What are the requirements for establishing a PT?
In general you need the founders' ID cards and NPWP, the proposed PT name, the KBLI, capital and share allocation, and the company's domicile address. A standard PT must be established by at least two people, while an Individual PT is established by one Indonesian citizen for micro and small businesses.
What is the difference between a standard PT, an Individual PT, and a PT PMA?
A standard PT is established by at least two people with a notarial deed. An Individual PT is established by one Indonesian citizen for micro and small businesses with an electronic statement of establishment. A PT PMA is a PT with foreign investment that follows the Positive Investment List and an investment plan per KBLI.
Can foreigners own 100% of a PT's shares in Indonesia?
In business fields that are open under the Positive Investment List, foreigners can hold up to 100 percent of the shares. For restricted or closed fields, the rules differ. We check your KBLI first so the investment plan is on target.
Does a PT have to have its own office?
A PT must have a domicile address that complies with zoning. Many companies, including PT PMAs, use a rented office or virtual office as long as it meets the requirements. We can help arrange a suitable company address.
What documents will I receive once the PT is established?
You receive the deed of establishment, the Kemenkumham ratification decree, the corporate NPWP, and the NIB through OSS, along with other supporting documents depending on the type of business. The documents are handed over together with an explanation of the company's obligations after establishment.
Does JULIZAR set up PTs outside South Tangerang?
Yes. Our office is in South Tangerang, but the whole PT incorporation process can be done online for clients in Jakarta, Bali, Surabaya, and other cities in Indonesia.