Tjhia Edy Tarlesno

Frequently Asked Questions

Can an individual or a business organization be a shareholder in a PMA company, and is there a minimum number required?

A limited liability corporation is required by Indonesian company law to have two or more shareholders, who may be either a legal entity or an individual. The foreign investor must find a second shareholder to own shares in the PMA firm for investments that are 100% open, which could be an affiliated party.

What are the standard regulations regarding employment in Indonesia?

The standard regulations state:

• Minimum salary of IDR 3.9 mil for the Jakarta region
• 12-day annual leave (minimum)
• BPJS coverage
• Holiday allowance
Is there limited responsibility for shareholders in a PMA company?

In a PMA Company in Indonesia, shareholders typically have limited liability, meaning they’re not personally liable for agreements or losses beyond their shareholding, except in certain circumstances. Liability may extend if the company isn’t properly established or if shareholders exploit the company in bad faith, engage in unlawful acts, or deplete company assets to the detriment of creditors.