PT Local means Perseroan Terbatas Lokal, an Indonesian limited liability company that is owned by local shareholders. It is the most common legal entity for local businesses in Indonesia and is suitable for Indonesian citizens. PT Local offers a straightforward approach to operate a legally recognized business in Bali.
Forming a PT Local company in Bali is an ideal choice for Indonesian entrepreneurs. This structure is widely accepted and provides small to medium-sized businesses some flexibility, including those in retail, services, hospitality, and trade sectors. Establishing a PT Local involves registering with Indonesia’s Ministry of Law and Human Rights, obtaining business licenses, and fulfilling tax obligations. With our help, the process can be smoother and more efficient. Our team will assist you throughout the process, while also making sure that it is in compliance with Indonesian regulations..
Requirements
From the shareholders
KTP & NPWP
A copy the KTP and NPWP of Indonesian shareholders.
Address in Indonesia
The shareholder’s address in Indonesia.
Contact Information
Email address and phone number of the shareholder.
For the company
Company Name
Must consist of at least three (3) words.
Share Allocation
Allocation of the shares between the shareholders.
Company Address
The company’s address in Indonesia (can be virtual for the first 3 years).
Business Categories
Selection of business categories/fields (KBLI codes).
Pricing
What our clients say
FAQ
What is a PT Local company in Indonesia?
PT Local (Perseroan Terbatas Lokal) is a limited liability company owned entirely by Indonesian citizens or entities. It is the most common business structure for locals in Bali.
What is the minimum capital requirement for a PT Local?
The capital requirement depends on the type of company, whether it’s small, medium, or large. However, it is generally lower than the IDR 10 billion required for foreign-owned PMA companies.
How long does it take to establish a PT Local company?
The process could take four to six weeks. To avoid delays, make sure you submit all the required documents, including the necessary business licenses.
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