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All About How to Make a PT Easily 2022

To build a PT or limited liability company, you must know the terms, costs, and procedures so that you don't make a mistake.

In the business world there is something called a PT or limited liability company, maybe you are also now looking for ways to create a PT. 

Actually, how to make a PT can also be done easily if you already know the terms, costs, and procedures.

For that, now you can see a discussion on how to create a PT, the steps, and the type of capital needed through this article.

Come on, see the following discussion and don't forget to take notes!

Definition of PT

PT is an abbreviation of a limited liability company or in general, a business entity that is legally valid and stands on capital from various shares, so a PT can be owned by several people. Thus, everyone who owns the shares of the PT is part of the owner.

This has also been regulated in Law No. 40 of 2007 article 1 number one (1) which reads. “PT is a legal entity which is a capital partnership, established based on an agreement, conducting business activities with authorized capital which is entirely divided into shares and fulfills the requirements stipulated in the law and its regulations.

However, the shareholders in a PT are only responsible for the paid-in capital to the business entity.

Types of Limited Liability Companies

Before knowing how to create a PT, you must know if a PT or limited liability company also has various types with different criteria. This type of PT is distinguished by its nature.

1. Public Limited Liability Company

Maybe you've often heard TBK. However, do you know what TBK is? So, TBK is an abbreviation of a public limited liability company, usually this TBK is a PT that has done IPO offer for go public, namely the public offering of shares in the capital market.

2. Private Limited Liability Company

If, then the limited liability company is open. So, there is also a so-called public limited liability company whose share sales are not publicly disclosed to the public. Usually the sale of shares or capital only relies on relatives, relatives, and family of the owner of the PT.

3. Sole Proprietorship

As the name suggests, this individual limited company shares and capital from only one person, which of course makes this type of PT also held by one person who will serve as director of the company.

4. Domestic Limited Liability Company

PT is also distinguished based on the location of the company, domestic PT will run its operations in the country in accordance with the rules that have been set by the state.

5. Foreign Limited Liability Company

In addition to domestic PTs, of course there are foreign PTs that were founded abroad and must follow the regulations set by the country where the PT is established.

6. Empty Limited Liability Company

A PT that has not run its operations or has not received a business license. Empty PT is also usually a closed PT that does not yet have an active business activity. However, it is undeniable that a PT that already has a permit can also become an empty PT if its operational activities cannot be identified.

Initial Capital Establishment of PT

To build a PT, there must be capital from the shareholders as a form of the cost of establishing a PT, this capital or cost is determined according to how much this business will grow. You have to decide whether to start a small, medium, or large business.

In the process of establishing a business entity, especially a PT whose costs are based on the capital from the investor, it is actually determined by the investor, how much capital will be determined. 

If, referring to the Limited Liability Company Law No. 40 of 2007, Article 33, the amount of capital that needs to be issued is a minimum of 25% or IDR 50 million of the total company capital.

The specified capital is also not in the form of money, investors can deposit capital to PT in the form of buildings, land, or operational equipment that has an inventory value.

Terms of Establishing a PT

Quoted from various sources, there are several requirements for establishing a PT that must be met before you enter into how to create a PT (limited company).

  1. There are at least two or more PT founders. If, choosing to build an individual PT, only one person and serves as a director of the company.
  2. PT management consists of one company director and one commissioner, this is not mandatory if creating an individual PT.
  3. Have business activities, either macro or micro.
  4. Already have an ID card means that you are 17 years old.
  5. Making local PT or domestic PT, must consist of three syllables and do not contain foreign words.
  6. Shareholders are required to subscribe to shares,
  7. Business entities must have a legal entity by registering with the Ministry of Law and Human Rights.
  8. Make a statement of establishment in accordance with the format contained in the attachment of PP No. 8 of 2021 concerning MSE capital.
  9. PTs established by husband and wife are required to include one person as a shareholder if they do not have a marriage agreement.
  10. Business entities are required to have authorized capital in accordance with the agreement of the founders of the company.
  11. Minimum deposit of 25% of the company's authorized capital

Procedure and How to Make PT

After knowing the mandatory requirements on how to create a PT, here are the procedures or steps for establishing a company, especially a limited liability company.

1. Prepare the name and address of PT

The first way to make PT is that you have to prepare a PT name which consists of three syllables. You can also see the rules for using the PT name in PP 43/201, related to procedures for submitting and using the name of a limited company.

After that, determine the address of the PT in accordance with the legal position in the municipality or district area. The place of standing and the domicile of the PT must also be at the same address.

2. Determine PT Management

The next step is to determine the management of the PT, if the PT is established by two or more, they must choose the director of the company, the president director, and also the commissioner.

3. Make a Deed of Establishment of a PT at a Notary

In making the deed of establishment of a PT, the data that must be prepared is the name of the PT, the purpose, domicile, structure, and also the investors of the PT.

4. Register with the Ministry of Law and Human Rights

After making a deed of establishment at a notary to obtain proof of the status of a legal entity, it must be registered with the Ministry of Law and Human Rights, usually a notary will also carry out this registration.

5. Applying for a company NPWP at the Tax Office

Taxpayer Identification Number or NPWP is a number that will be given to taxpayers to pay tax administration.

6. Manage Business Registration Number (NIB)

The next way to create a PT is that you have to take care of the Business Identification Number through the Online Single Submission (OSS) institution. This NIB is useful as a company register, customs access, and import identification number.

7. Applying for a Business License

The last step to make a PT is to make a Business License or SIUP, the requirements for making a SIUP are business domicile and also a company registration certificate issued together with the NIB.

Well, those are the requirements, capital, and procedures for how to create a PT in 2022 that you can do from now on. You can make PT independently or with your appropriate colleagues.

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