Local PT Company
PT (Perseroan Terbatas) is a limited liability company whose capital is divided into shares.
It is a type of Indonesian legal business entity without a direct involvement of foreign capital, but with an indirect participation of foreigners.
Local PT companies may only belong to citizens of Indonesia.
If a foreign citizen wants to create such an entity, they will need local nominee shareholder.
A local PT company can be created when following requirements are met:
- One local director
- At least one local commissioner.
Documents: contact VISA PRO INDONESIA for full information
Fee: 12.000.000 | $790