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Indonesia PT (limited liability company) — incorporation, governance, share capital, foreign investment restrictions, M&A, listings, audits and tax: Multilaw guide (current to 21 September 2025)

Practice notes
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This Practice Note forms part of a cross‑border guide that outlines the essentials of creating particular business entities across global jurisdictions. Leading firms within the Multilaw global law firm network respond to key questions on this area. This edition highlights core considerations when establishing a limited liability company (LLC) in Indonesia. Current as at 21 September 2025. Authors: Arie Armand and Benny Handoko, Armand Yapsunto Muharamsyah & Partners, a Multilaw member firm.

Common entities

  1. What form of entity is addressed in this questionnaire? Which other commonly used entities in this jurisdiction are covered in separate questionnaires? The focus here is the limited liability company – Perseroan Terbatas (PT).
  2. Identify additional entity types in this jurisdiction that exist but are not covered by a questionnaire at this time:
    • Foundation – Yayasan
    • Cooperative partnerships – Koperasi
    • Limited partnership – Persekutuan komanditer (commanditaire vennootschap – CV)
    • General partnership – Firma (Venootschap onder firma)
    • Civil partnership – Persekutuan Perdata (Maatschap)
    • Foreign company representative office – Kantor Perwakilan Perusahaan Asing (KPPA)
    • Foreign trade representative office – Kantor Perwakilan Perusahaan Perdagangan Asing (KPP3A)
    • Foreign...
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Web page updated on 21/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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