There are 3 common types of companies in Indonesia:
- PT PMA (Perseroan Terbatas Penanaman Modal Asing): A foreign-owned limited liability company. Open to 100% foreign ownership but restricted to certain business sectors. Foreign ownership is regulated in the Indonesia’s Positive Investment List.
- PT (Perseroan Terbatas): A local-owned limited liability company. Must be 100% local ownership but nevertheless available to foreign investor through a Special Purpose Vehicle Company.
- Representative Office (RO): Company with sole purpose of marketing-related activities. Not allowed to conduct any activities generating income or profits.