US EditionWhat Is a PT Company in Indonesia? Here Are 5 Key Points - Metro Clark Guide
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What Is a PT Company in Indonesia? Here Are 5 Key Points - Metro Clark Guide
Perseroan Terbatas (“PT”) is a limited liability company that is established under Indonesian law. The capital of a limited liability company is divided into shares and the responsibility of shareholders is based on the number of shares that he or she has. Under Indonesian Company Law No. 40 of 2007 on Company Law as last amended by Law 11 of 2020 on Job Creation (“Company Law”), a company must be established by at least two shareholders. Its es…
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