Local Company

A PT (Perseroan Terbatas) Local Company is a business entity fully owned by Indonesian nationals. This is the most common company structure for small to medium enterprises in Indonesia, providing flexibility and a straightforward registration process.

If you are a foreigner looking to start a business in Indonesia with local partners, we can guide you through structuring ownership and compliance requirements to ensure smooth operations

Notes:

  • A local PT must have at least two Indonesian shareholders.
  • Some business sectors require specific licenses and approvals.

Price

IDR 40 Mio

Process Time

30 working Days

Service Coverage

  • Local PT registration
  • Indonesia company setup
  • Business for Indonesian citizens
  • Local company requirements
  • Start a business in Indonesia
  • PT establishment process
  • Business entity Indonesia
  • SME registration Indonesia
  • Local business compliance

Documents Requirement

  • Door to Indonesia application form.
  • Choose a company name (provide 3 different name options) and business address.
  • Select business purpose/business category based on KBLI codes.
  • Choose shareholders and percentage share allocations (minimum 2 Indonesian shareholders).
  • Execute the company deed of establishment with a notary.
  • Provide a scan of shareholders’ KTP (Indonesian ID card) and NPWP (Taxpayer Identification Number).
  • Appoint at least one director and one commissioner.
  • Provide a registered business address (physical or virtual office).

Can & Cannot

Can (✔)

  • Conduct business in most sectors without foreign ownership restrictions.
  • Apply for business licenses and operate legally in Indonesia.
  • Hire local and foreign employees with proper permits.
  • Open corporate bank accounts and enter contracts.

Cannot (✘)

  • Be fully owned by a foreign investor (unless structured under a nominee arrangement).
  • Convert directly into a PMA without restructuring ownership.
  • Engage in regulated sectors without obtaining additional permits.

FAQs

Testimony

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