What are the Requirements for Establishing a Single-Shareholder Limited Liability Company (PT Perorangan)? Here's the Explanation.

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For micro and small business actors, establishing a Single-Shareholder Limited Liability Company (PT Perorangan) is a smart step to gain legal protection without involving many parties. In accordance with the Job Creation Law No. 11 of 2020, the establishment of a PT has become easier and can now be done by just one person. However, what are the requirements for establishing a Single-Shareholder PT? Here’s the explanation.

What is a Single-Shareholder PT?

A Single-Shareholder PT is a legal entity established by one person and meets the criteria for micro and small businesses. Unlike a regular PT that requires at least two founders, a Single-Shareholder PT allows the business owner to be both the shareholder and the director of their company.

Criteria for micro and small businesses that can establish a Single-Shareholder PT:

Micro business: Maximum business capital of IDR 1 billion (excluding land and buildings) or maximum annual revenue of IDR 2 billion.

Small business: Business capital between IDR 1 billion – IDR 5 billion or annual revenue between IDR 2 billion – IDR 15 billion.

With the existence of a Single-Shareholder PT, business actors can separate personal wealth from company assets, providing greater legal security.

Advantages of a Single-Shareholder PT

Why do many micro and small entrepreneurs choose a Single-Shareholder PT? Here are some of its advantages:

Easy and fast establishment process: No need for a notary deed, just fill out the Declaration of Establishment online.

Full control for the business owner: Only one person as the shareholder and director.

Separation of personal and company assets: Protects personal assets from business risks.

No minimum capital requirement: Unlike regular PTs that have specific capital rules.

Requirements for Establishing a Single-Shareholder PT

To establish a Single-Shareholder PT, there are several requirements that must be met. Here’s the complete list:

General Requirements

The founder must be an Indonesian citizen (WNI).

At least 17 years old and legally competent.

Must have a business that falls into the micro or small business category.

Required Documents

ID card (KTP) and Tax Identification Number (NPWP) of the founder.

Business address that complies with local zoning regulations.

Declaration of Establishment of the Single-Shareholder PT, which includes:

Name and location of the business.

Purpose and objectives of the business.

Basic capital and at least 25% paid-up capital.

Share ownership structure.

Steps to Establish a Single-Shareholder PT

What are the steps to establish a Single-Shareholder PT? Here are the stages:

Submit the Declaration of Establishment

The founder must fill out and submit the Declaration of Establishment through the online system at the Ministry of Law and Human Rights (Kemenkumham).

Obtain the Company’s NPWP

After receiving the establishment certificate, the next step is to register the Tax Identification Number (NPWP) of the company in the Core Tax application.

Obtain the Business Identification Number (NIB) & Business License

Registration of the NIB and business license is done through the Online Single Submission (OSS) system. The NIB serves as a business identification and operational license.

Establishing a Single-Shareholder PT is a practical solution for micro and small business actors who want to obtain legal entity status without involving many parties. With simpler requirements compared to regular PTs, the establishment of a Single-Shareholder PT can be done quickly and more easily.

Want to establish a Single-Shareholder PT easily? Contact the experts at Bisnis Siap for a free consultation and let our team assist you in the business establishment process!

Feel free to ask if you need any further assistance!