Document background
Articles of Incorporation For Profit are mandatory founding documents required to establish a limited liability company (PT) in Indonesia. They serve as the company's constitutional document and must comply with Law No. 40 of 2007 on Limited Liability Companies. This document is required when founders wish to establish a new profit-making enterprise in Indonesia, whether domestic or foreign-owned. It contains crucial information about the company's identity, objectives, capital structure, management framework, and operational rules. The document must be drafted in Indonesian language, executed before a notary public, and submitted to the Ministry of Law and Human Rights for approval. Once approved, it serves as the primary reference for the company's governance and operations, binding shareholders, directors, and commissioners to its provisions.
