KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

Deed of Establishment of PT Must be Registered at BNRI

Establishing a Limited Liability Company (PT) is one of the important steps for anyone who wants to start a business in a legal and structured manner.

Where PT is a form of business entity that provides legal protection to its owners because liability is limited to the amount of capital deposited.

The provisions of PT have been regulated in Law No. 40 of 2007 concerning PT as amended by Law No. 6 of 2023 concerning the Stipulation of Government Regulation in Lieu of Law No. 2 of 2022 concerning Job Creation into Law.

Regarding the establishment of a PT, in Indonesia itself involves various stages that must be fulfilled in accordance with applicable laws and regulations.

Where one of the important stages in the establishment of a PT is the announcement of the deed of establishment of the PT together with the Decree of the Minister of Law and Human Rights in the Supplement to the State Gazette of the Republic of Indonesia (BNRI).

What is meant by the announcement of the deed of establishment of a PT in BNRI? What are the provisions and what is the importance? Check out the following article!

What is Tambahan Berita Negara Republik Indonesia (BNRI)?

Tambahan BNRI is an official channel used to announce the establishment of a legal entity, signifying the official status of the PT as a legal entity. In addition to PT, the establishment of the legal entity in question can be in the form of foundations, cooperatives, and the like.

This has been regulated in Article 30 paragraph (1) of Law 40/2007 where the Minister announces in Tambahan BNRI the deed of establishment of the company along with the Minister's decision.

This announcement aims to provide official information to the public regarding the establishment of a company, thereby increasing transparency.

As an official publication issued by the government, BNRI also serves as a medium to announce various official information relating to laws, government regulations, presidential decrees, and various other legal announcements.

Additional BNRI as One of the Requirements for Establishing a PT

The establishment of a PT as a business entity with the status of a legal entity, there are several requirements that must be met, namely as follows:

1.Make a deed of establishment containing the articles of association and other information relating to the establishment of the company. According to Article 8 of Law 40/2007, the information includes:

  • Full name, place and date of birth, occupation, residence, and nationality of the individual founder, or the name, domicile and complete address as well as the number and date of the Decree of the Minister of Law and Human Rights regarding the legalization of the legal entity of the founder of the PT;
  • Full name, place and date of birth, occupation, residence, and nationality of the first appointed members of the board of directors and board of commissioners;
  • Names of shareholders who have subscribed for shares, details of the number of shares, and the nominal value of shares that have been subscribed and paid up.

 

2. Fill in the establishment form electronically through the General Legal Administration System (AHU Online).

This is specifically regulated in Article 5 of Minister of Law and Human Rights Regulation Number 21 of 2021 concerning Requirements and Procedures for Registration of Establishment, Amendment, and Dissolution of Limited Liability Companies (Permenkumham 21/2021).

The format of the form in accordance with Article 9 paragraph (1) of Law 40/2007 includes:

  • Name and domicile of the PT.
  • The period of establishment of the PT.
  • Purpose and objectives and business activities of the PT.
  • The amount of authorized capital, issued capital, and paid-up capital.
  • The complete address of the PT.

 

3. Additional BNRI Submission

The BNRI PT announcement will be made after the company is registered and authorized by the Ministry of Law and Human Rights. This announcement is a legal obligation to obtain the legal entity status of a PT and as a sign of its existence as a legal entity.

More details on the announcement of PT in the BNRI Supplement are regulated in the Regulation of the Minister of Law and Human Rights Number M.HH-02.AH.01.01 of 2010 concerning Procedures for the Announcement of Limited Liability Companies in the State Gazette and Supplement to the State Gazette of the Republic of Indonesia (Permenkumham 2/2010).

Where according to Article 2 paragraph (2) of Permenkumham 2/2010, the Minister announces the PT in the Supplement to BNRI, which announcement procedure is carried out by the Director General of Public Law Administration.

The deed of establishment of a PT that includes the articles of association of the PT and the ministerial decision on the legal entity validation of the PT must be announced in the Supplement to BNRI within a maximum of 14 days from the date the ministerial decision on the legal entity status validation of the PT is issued (Article 3 paragraph (2) letter a and Article 9 paragraph (3) letter a 02/2010).

The purpose of the announcement of a PT in Tambahan BNRI is the principle of publication to the public or other parties. In other words, its validity as a PT can be said to depend on the announcement of Tambahan BNRI.

If it is not announced in Tambahan BNRI, then the ratification of the PT as a legal entity is not considered valid.

For the PT itself, the role of Tambahan BNRI is very important because it contains the establishment of the name, business address, capital, management structure, and various other aspects related to the PT.

The official announcement of Tambahan BNRI from the government regarding the deed of establishment and the decision from the Ministry of Law and Human Rights is proof that the PT has become a legal entity.

 

Source: kontrakhukum.com

Analisa Lainnya

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry