How To Make PT Individual, Terms And Procedures Apparently Not Ribet

Illustration of making PT Peorangan (Freepik/Yanalya)

YOGYAKARTA - Many people think that the establishment of Limited Liability Companies (PT) can only be done by at least two people. This is what makes many business people delay the desire to establish PT for businesses that have been run. But it turns out that the establishment of PT can be done by one person. How to make PT individuals is also not as complicated as imagined.

The establishment of PT can be done individually, where one person is a shareholder and director. This policy has been officially regulated in the Job Creation Law No.11 of 2020. This rule also makes it easier for business people to develop their business more seriously. Especially for businesses who run their businesses alone.

PT Individuals can only be established for entrepreneurs with micro and small business criteria in accordance with Government Regulation (PP) No. 7 of 2021 concerning Ease, Protection, and Empowerment of Cooperatives and Micro, Small and Medium Enterprises. So what are the criteria and how to make individual PT?

Micro business criteria that can be registered as individual PT based on its business capital are having a maximum capital of 1 billion. These capitals do not include buildings and land where the business is located. In addition, another criterion is the result of the annual sales of a maximum of IDR 2 billion.

Meanwhile, the small business criteria are determined based on business capital ownership of more than IDR 1 billion- IDR 5 billion. The capital does not include buildings and land where the business is located. In addition, another criterion is to have annual sales results of more than IDR 2 billion-IDR 5 billion.

PT yang dibuat individuals memiliki status badan hukum sama seperti PT yang didirikan oleh minimal dua orang. Status badan hukum pada PT individuals tertuang dalam Pasal 1 PP No 8 Tahun 2021.

There are a number of requirements that must be met to establish PT Individual. In addition, its establishment was carried out through the following procedures.

- Founder's ID card (Director)

- NPWP Director

- Domisili letter PT will usually be issued by the local RT or RW

- Determining the name PT, it cannot be the same as the existing name

- Complete address

- The time period for the establishment of PT

- The purpose of establishing PT

- Capital and share

- Complete Director data

Reports on the Establishment of PT Peorangan

To establish PT Individuals, you must know how to manage your financial statements. You will register this financial report online through services from the Ministry.

The following is the financial report format that you should know to apply for PT Peorangan:

PT's financial statements include important things that you must make and understand. If you do not submit a financial report, you will be subject to sanctions in the form of a written warning, termination of access to services, to revocation of legal entity status.

That's the information on how to make PT Individual. The requirements and procedures for establishing PT individuals are not much different from ordinary PTs made at least two people. Before applying for registration from PT Perorangan, make sure you have completed the requirements and criteria.

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