Learn how to select and change a company name for your business in Indonesia including legal requirements for local PT and foreign companies (PT PMA & KPPA). There are five points to consider in understanding the company registry in Indonesia. 1. Understanding the Positive Investment List (PIL) The Positive Investment List introduced by the Indonesian government provides opportunities for foreign investors to participate in previously restricted industries. While specific sectors now allow 100% Also read: 6 Types of PT Companies in Indonesia. Legal Entity Status. PT: A PT company is recognized as a separate legal entity from its shareholders. It can enter into contracts, own assets, and be sued or sue others in its own name. CV: In contrast, a CV company doesn't have separate legal entity status. Instead, it operates as an extension PT Fortune Indonesia Tbk is a group of integrated communications development companies founded on May 5, 1970 under the name PT Fortune Indonesia Advertising Company. The birth of Fortune Indonesia was confirmed when Mochtar Lubis - a novelist and prominent Indonesian journalist - established Fortune Advert Any company that has even 1% of foreign shareholding is already a foreign company in Indonesia (PT PMA - Perseroan Terbatas Penanaman Modal Asing). The percentage of the allowed foreign ownership of a company in Indonesia depends on its business activities and is regulated by the Negative Investment List (DNI - Daftar Negatif Investasi). 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. .

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