(PT.PERSEORANGAN) A Single-Member Limited Liability Company (officially known as a Perseroan Perorangan) is a legal entity in Indonesia established, owned, and managed by a single individual who serves as the founder, sole shareholder, and director. The government established this type of legal entity through the Job Creation Law specifically to help micro and small businesses (MSBs) compete on an equal footing with large companies, but with administrative procedures that are far simpler, faster, and more affordable. KeyFeaturesandCharacteristicsofaSingle-MemberLimitedLiabilityCo mpany Before proceeding with the incorporation process, it is important to understand the legal restrictions applicable to a Single-Member Limited Liability Company:
1.OnlyOneFounder: It must be established by a single Indonesian citizen (WNI) who is at least 17 years of age and legally competent.
2. Separationof Assets (LimitedLiability) : The greatest advantage of a PT is the separation of personal assets from company assets. If the company incurs losses or debts, the owners’ liability is limited to the capital they have contributed to the company. Your personal assets remain legally protected.
3.No Notarized Deed Required: Its establishment does not require a notarized deed. The legal document is a Statement of Establishment, which is registered directly with the Ministry of Law and Human Rights by online.
4. Specific to theMicroandSmall Enterprise (MSE) Category (Capital Li: Theoperating capital is capped at a maximum of Rp5 billion (excluding the value of the landand business premises), in accordance with the criteria for Micro and Small Enterprises.mit)
5. IndependentStructure: The sole founder automatically serves as the Director and manages the company independently. There is no position of Commissioner in a Sole Proprietorship PT