Other Information Regarding Company Names in Indonesia
There are also other facts related to the selection of company names in Indonesia which must be understood by all who plan to start a company there. Company names in Indonesia are to consist of at least three words. This rule is not strictly enforced; however, it is usually impossible to register a company name in Indonesia with a length of either one or two words. This is because all company names in Indonesia require an application to the Legal Entity Information System. The Legal Entity Information System will almost always reject all company names of one or two words. Thus, prospective company owners are advised to use company names of at least three words in order to avoid facing such a problem.
The language of the company name is to be determined based on the business entity which is being used. All companies owned by locals, whether they be sole proprietorships, partnerships, or locally-owned limited liability companies (PTs), are to have a company name in Indonesian. This law applies to all companies of any of the preceding business entities regardless of the industry which they inhabit, the location of the company, or the type of business activities to be conducted. On the other hand, foreign-owned limited liability companies (PT PMAs) may select a company name which may either be in Indonesian or in any other language of the company owner’s choice.
Should the company in question be a PT, the official name of the company is to have the abbreviation “PT” before its company name. Therefore, the complete official name of every PT in Indonesia must begin with “PT”. This complete name is to be mentioned in the company’s Articles of Association as well as in any of the licenses and permits for which it has applied. The abbreviation “PT” is not to be included as part of the three-word minimum which is required for the registration of a company name in Indonesia.
The selection of a company name is just one portion of the complete process of company incorporation in Indonesia. This process can sometimes become fairly complex and intricate. Fortunately for all prospective company owners in Indonesia, we at Paul Hype Page & Co provide services which greatly simplify this process. If you need any assistance with the incorporation of any company in Indonesia, contact us at any time; we will attend to your incorporation needs to the best of our abilities.