Day: February 7, 2023

Capital Requirements for Establishment of Limited Liability Company in Indonesia

Capital Requirements for Establishment of Limited Liability Company in Indonesia Capital Requirements for Establishment of Limited Liability Company in Indonesia

Based on Article 41 of Law No 40 of 2007 concerning on Limited Liability Company (”Company Law”), Perseroan Terbatas or Limited Liability Company (“PT”) capital is authorized capital, issued capital, and paid-up capital. Whereas, authorized capital is the target amount of capital which is intended to be fulfilled by the PT. On the other hand, […]