For businesspeople and entrepreneurs, the term Inactive PT or PT Kosong may already be familiar. An Inactive PT is a type of Limited Liability Company (LLC) that is registered and licensed but has yet to operate in its designated field.
Generally, Inactive PTs are used to meet urgent company setup needs and can be prepared faster than establishing a new PT from scratch.
Also Read: Definition of PT (Limited Liability Company), Types, and Examples
Definition of Inactive PT
An Inactive PT is a type of Limited Liability Company classified as a Private PT.
According to Indonesia’s Law No. 40 of 2007 on Limited Liability Companies, PTs in Indonesia are categorized as Public, Private, and Open PTs. An Inactive PT falls under Private PTs, holding a business license without yet engaging in activities in its registered field.
Also Read: Company Law: Legal Basis for Establishment and Operation
Characteristics of an Inactive PT
Common characteristics of an Inactive PT include:
- Has a Business License: An Inactive PT is officially licensed but not actively conducting business.
- Not Operating: Although licensed, the company has not begun activities in its registered business field.
- Open to Acquisition: Inactive PTs are often acquired by companies needing immediate legal status without going through the initial registration process.
Also Read: How to Check the Legality of PT and CV Companies Online
Purpose of Establishing an Inactive PT
There are two primary purposes for establishing an Inactive PT:
Meeting Urgent PT Establishment Needs
Many entrepreneurs require an LLC quickly, for example, to sign business contracts or bid in tenders that require a PT company’s legal status.
An Inactive PT is a solution to such urgent establishment needs, providing entrepreneurs with quick access to a licensed PT without undergoing lengthy setup processes.License Acquisition
Inactive PTs are also often used for licensing acquisition. A PT Kosong has business licensing but is not operational, so an entrepreneur needing a fully licensed PT can take over this type of company.
However, several important considerations should be made before acquiring an Inactive PT, such as:- Tax Obligations: Ensure the company has no outstanding tax liabilities.
- Legal Disputes: Check if the PT is involved in any legal disputes or conflicts with third parties.
- Outstanding Debts: Verify whether there are any outstanding debts due.
- Employee Status: Confirm the employment status within the PT, such as if any employees are still officially registered.
- Share Transfer History: Ensure all share transfers comply with the company’s Articles of Association and applicable regulations.
Also Read: Purpose of a PT: A Comprehensive Guide for Business
Considerations Before Acquiring an Inactive PT
Acquiring an Inactive PT can be a strategic move for entrepreneurs needing a licensed PT promptly. However, several aspects should be considered before beginning the acquisition process, such as:
- Legal Feasibility: Ensure there are no legal issues or disputes involving the PT.
- Financial Condition: Review tax obligations and any outstanding debts to avoid unresolved financial liabilities.
- Legal Documentation: Ensure all documents and licenses held by the PT are valid and compliant with regulations.
Also Read: How to Establish a PT: Step-by-Step Guide
Quick PT Setup Solutions with Professional Assistance
If you’re interested in setting up an Inactive PT or need a PT with a more streamlined process, consider vOffice’s PT establishment services. Our legal services include full PT establishment, complete with a bonus virtual office in a strategic location.
With flexible services, vOffice offers comprehensive solutions for legal needs and business addresses, supported by additional facilities certified under ISO 9001.
In 2022, vOffice received an Indonesian Record (MURI) as the virtual office provider with the most locations in the country and has served over 50,000 clients.
With vOffice’s support, you can establish a PT more quickly and benefit from virtual office facilities tailored to your business needs.
If you’re ready to start or expand your business, you can rely on vOffice’s services. Our professional team is prepared to assist with various business needs, such as:
- Establishment of Limited Liability Company (PT)
- Establishment of Commanditaire Vennootschap (CV)
- Haki / Indonesia trademark registration
- Tax Consultation
- Virtual Office
- Office Space for Rent
- Meeting Room Rental
- Rent a coworking space
- and various other services.
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