Glossary
Company & Legal
PTPerseroan Terbatas (PT)
PT stands for Perseroan Terbatas, Indonesia's limited liability company and the standard form for a locally owned business. Shareholders' liability is limited to their capital, and the company is a separate legal entity registered with the Ministry of Law. It is contrasted with a PT PMA when foreign ownership is involved.
General information, not legal or tax advice. Rules and rates change; viskal confirms the current specifics for your situation.