Directors and commissioners for a small PT
Do we need both a director and a commissioner?
The situation
A regular PT must have at least one director and one commissioner. The same person cannot hold both roles.
The law
- Art 7, Law 40/2007 on Limited Liability Companies (UUPT), as amended by Law 6/2023: A PT is founded by 2 or more persons by notarial deed in Indonesian and becomes a legal entity on registration with the Minister of Law
What it means for you
Directors manage and represent the company; commissioners supervise. In a two person PT, one partner is often director and the other commissioner. Pick people who will be available to sign tax and bank documents.
What to do
- Agree roles between founders.
- Put names in the deed.
- Give KTP and NPWP of each.
- Make the director the Coretax PIC.
A commissioner cannot sign as director.
We can do this for youSetting up a local PT (PT PMDN): deed, Ministry of Law approval, NIB and NPWP: IDR 9.500.000