PMA Registration
Company Registration & Legal Services
PMA Registration - Who is it for and what are the benefits
PT Registration, short for Perseroan Terbatas company registration, is specifically for businesses in Indonesia that wish to establish a limited liability company.
PT Registration is suitable for Indonesian entrepreneurs who want to establish a formal legal entity to conduct their business activities. It provides a structure that separates personal assets from business liabilities, offering limited liability protection.
A PT (Perseroan Terbatas) is a local company, designed for Indonesian citizens and therefore we would only recommend setting up this type of business if you are either Indonesian or have a trustworthy Indonesian partner. If you are a foreigner we would recommend setting up a PMA. To find out more about PMA Establishment, you may check our PT PMA Establishment Page here!
Additionally, there are some business entities that are only available to Indonesian Companies, therefore, even if you are a foreign company or individual, you may still need to set up a PT.
At LetsMoveIndonesia, we specialise in assisting businesses with PT company registration and provide comprehensive support throughout the process, helping you establish a strong legal foundation for your business in Indonesia.
LetsMoveIndonesia’s expert teams are located across Jakarta & Bali, ready to assist you completely with a hassle-free company registration process!
Steps to Register A PMA in Indonesia
1.Register the company name to the Notary. Name must contain 3 words.
2.The Notary will make a draft Deed of Establishment
3.Decree Approval will be issued by the Ministry of Law & Human Rights
4.Obtain the Registration Number (NIB/Nomor Induk Berusaha)
5.Obtain the Business License through the Online Single Submission System
6.Obtain the Commercial License (if applicable)
One of the primary advantages of PT PMA is that it allows for foreign ownership in various sectors. While local PT companies are typically restricted to Indonesian ownership, PT PMAs enable foreign investors to have a majority or 100% ownership, depending on the sector and prevailing regulations. This provides greater control and flexibility for foreign investors in managing their businesses.
PT PMAs have access to a broader range of business sectors compared to local PT companies. Certain sectors, such as telecommunications, transportation, healthcare, and e-commerce, may have restrictions on local PT companies but are open to foreign investment through PT PMAs. This expands the market opportunities for foreign investors in Indonesia.
As a registered foreign-owned entity, PT PMAs benefit from legal protection under Indonesian law. This protection includes property rights, intellectual property rights, contractual agreements, and access to dispute resolution mechanisms. PT PMAS provide a recognized legal framework that safeguards the interests and rights of foreign investors operating in Indonesia.
Benefits of Setting Up aPMA in Indonesia
If you are a foreigner looking to set up a business in Indonesia, registering a PT PMA (foreign-owned limited liability company) offers several advantages over registering a local PT (Perseroan Terbatas) company. Here are some benefits of PT PMA compared to PT
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PT Registration
The effort vastly improved the company’s planning and execution functions, they knew that in order to succeed in this era of technology their accounting systems needed.
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The effort vastly improved the company’s planning and execution functions, they knew that in order to succeed in this era of technology their accounting systems needed.