When it comes to company registration in Indonesia, here is the first thing in mind: The costs. It is no surprise if the first question is: “How much is the fee to register a company in Indonesia?” To register a company in Indonesia fee requires knowledge more than just the process and the regulations.
Of course, to register a company in Indonesia fee should begin by focusing on these three (3) requirements, based on Law Number 40 / 2007 regarding PT (Perseroan Terbatas) or Limited Liability Company:
- The founders.
- The foundation basis.
- The capital stocks.
The Founders:
Two people are the minimum requirements to establish a PT company. The notary does the deed in Indonesian. Since the establishment should be under the agreement, then there has to be more than one shareholder.
The Foundations:
The authentic deed (made by the notary in Indonesian) must contain the Articles of Association and other parts related to the PT company’s establishment (referring to Article 8 on Law Number 40 / 2007). The Minister of Law and Human Rights is in charge of approving it as a legal entity.
Once the deed is approved as the PT’s legal entity, then you have to register your PT to the relevant departments. This has been regulated in Law Number 3 / 1982 regarding Compulsory Corporate Registration Article 29 Paragraph 1 to 6.
The Capital Stock:
This is the part about how to register a company in Indonesia fee. Following Article 32 Paragraph 1 of The Law About Limited Liability Company, in Indonesia, you will need at least IDR 50,000,000 (fifty-million rupiahs) to start your own PT.
However, some changes have been made regarding company registration process in Indonesia. Because of Government Regulation Number 29 / 2016 regarding Changes in Authorized Capital of Limited Liability Company, the amount can be less than fifty-million rupiahs.
The amount of PT’s authorized capital should be based on the agreement of all the founders. This is stated in the Deed of Establishment according to Article 1 Section 2 and 3 PP (Peraturan Pemerintah or Government Rules) Number 29 / 2016. This article explains these three things:
- The PT shall have the company’s authorized capital.
- The company’s authorized capital shall be outlined in the Articles of Association. They are in the PT’s deed of incorporation.
- The PT’s founders’ agreement shall determine the amount of the company’s authorized capital.
Based on the size of your company, the fee is different. There are three sizes of the company to be registered in Indonesia, the amount of fee and the time it takes for your company to be registered:
- Small:
- 65 working days: IDR 9,500,000
- 42 working days: IDR 11,000,000
- 30 working days: IDR 13,000,000
- Medium:
- 65 working days: IDR 11,000,000
- 42 working days: IDR 12,500,000
- 30 working days: IDR 16,500,000
- Large:
- 65 working days: IDR 12,000,000
- 42 working days: IDR 15,000,000
- 30 working days: IDR 18,000,000
So, here is the list to help you to register a company in Indonesia fee. With the right amount of capital and by following the existing regulations, you can start your business soon.
