PAID-UP CAPITAL

PT PMA Paid-Up Capital: IDR 2.5 Billion Rule Explained

A decision-led brief on the current IDR 2.5 billion issued and paid-up capital floor and its distinction from investment value, built for foreign investors who need a controlled path from filing to lawful operations.

By Elara Vance Updated August 3, 2026 5-minute read

The current general minimum issued and paid-up capital for a PT PMA is IDR 2.5 billion per limited liability company, unless another law or sector rule requires more. It is shareholder equity, not an agent fee or the company's total investment value. The conclusion must be matched to the exact KBLI, ownership, location, risk level, product or service, funding, and first transaction rather than applied as a general slogan. Document the official basis, approved source data, responsible owner, acceptance evidence, and unresolved conditions before signing, depositing capital, ordering assets, or operating. For the current IDR 2.5 billion issued and paid-up capital floor and its distinction from investment value, use current official outputs and fact-specific Indonesian advice instead of guaranteed provider claims. Learn more about the core Indonesia company registration service before selecting a filing scope.

Key takeaways

Reconcile the deed, OSS plan, bank evidence, accounts, and LKPM reporting before funding.
Choose the entity, KBLI, ownership model, and location before finalizing the deed.
Treat AHU incorporation, OSS licensing, tax readiness, banking, and immigration as separate evidence gates.
Keep investment value and paid-up capital separate from provider fees and recurring operating costs.

Separate the IDR 2.5 billion capital floor from the investment plan

BKPM Regulation 5 of 2025 sets the current general minimum issued and paid-up capital for a foreign-investment limited liability company at IDR 2.5 billion per PT, unless another law or sector rule requires more. This is company equity subscribed by shareholders. It is not the provider's fee, an official filing charge, or the same calculation as the PT PMA's minimum investment value, which is generally more than IDR 10 billion under a separate rule.

Articles 26 and 27 of BKPM Regulation 5 of 2025 should be read together. Allocate the IDR 2.5 billion across genuine shareholders in the deed and shareholder register, identify who funds each subscription, deposit it through a traceable route, and record it as equity. The regulation also controls movement from the company account for at least 12 months, while allowing use for asset purchases, building construction, or company operations. Keep board approval, bank, invoice, accounting, and LKPM evidence for every use.

Capital distinctions

Paid-up capital

At least IDR 2.5 billion per PT, unless another rule requires more

Action: Record shareholder equity

Investment value

Generally more than IDR 10 billion under its calculation rule

Action: Plan project assets and costs

Fees

Notary, provider, government, and third-party charges

Action: Budget separately

Reconcile investment value, paid-up capital, and cash

Investment value, paid-up capital, and operating cash are separate concepts and should appear as separate lines in the funding plan. Under the current PT PMA baseline, minimum total investment is generally more than IDR 10 billion outside land and buildings per five-digit KBLI per project location, subject to stated sector and activity exceptions. Minimum issued and paid-up capital is IDR 2.5 billion per PT unless another rule requires more.

These current figures and exceptions appear in Articles 26 and 27 of BKPM Regulation 5 of 2025 . The regulation also restricts moving paid-up capital out of the company account for at least 12 months, except for asset purchases, building construction, or company operations. The action is to document the deposit, shareholder entitlement, accounting classification, permitted use, bank trail, and LKPM reconciliation rather than paying capital to an agent as a fee.

Capital reconciliation

Investment plan

OSS value by applicable activity and location Budget the full project

Paid-up capital

Deed, subscription, deposit, and ownership Fund and record shareholder equity

Use of funds

Invoices, payroll, assets, and operations Preserve an auditable company trail

Design lawful ownership, board roles, and signing authority

The governance file should identify shareholders, subscription amounts, directors, commissioners, authorized signers, reserved decisions, and beneficial owners. Under the Indonesian Company Law, a conventional PT is established by two or more persons subject to statutory exceptions, and its organs include the shareholders' meeting, board of directors, and board of commissioners. PT PMA planning should use the conventional corporate framework unless qualified Indonesian advice confirms another route.

Check the current consolidated effect of the Indonesian Company Law and sector rules with the notary. Foreign directors or commissioners can raise immigration, employment, tax-residency, bank-presence, and practical signing questions even where corporate eligibility is available. Define who can bind the company, open and operate accounts, approve payments, sign tax filings, and respond to authorities before the deed is executed.

Governance controls	Evidence	Control action
Ownership	Subscribers, shares, and beneficial owners	Verify authority and funding
Management	Directors, commissioners, and duties	Check eligibility and practical presence
Authority	Reserved matters and signing limits	Adopt resolutions and controls

Build an accepted shareholder and authority file

The filing team needs usable evidence for each shareholder, authorized signer, director, commissioner, address, and declared business activity. Foreign individuals typically provide passport and contact data, while foreign corporate shareholders need constitutional and authority records that identify the entity and the person empowered to sign. The accepting notary should confirm the exact document, legalization, apostille, translation, and validity requirements.

Build a document register with issuer, document date, expiry or freshness rule, language, certification route, signatory, original location, and accepting institution. Indonesian company formation is processed through notarial and AHU business-entity services workflows, so a scan that looks complete to a provider may still require a different form or supporting authority. Resolve discrepancies in names, addresses, dates, and ownership before execution.

Document readiness

Identity

Passports and consistent personal data

Action: Resolve spelling and expiry issues

Corporate authority

Charter, registry proof, and signer mandate

Action: Confirm the shareholder can subscribe

Execution

POA, legalization, and translation path

Action: Obtain notarial acceptance before signing

Test the company before its first commercial transaction

Legal incorporation is only one readiness state. The company may still need verified OSS outputs, sector or supporting permits, tax access, PKP analysis, accounting and invoice controls, payroll arrangements, a bank account, premises evidence, and recurring reporting ownership before it can execute the planned transaction. Each state should be independently evidenced.

Use DGT registration guidance for the tax registration workstream and Government Regulation 28 of 2025 for the licensing baseline. Build a first-transaction test covering authority, contract, invoice, tax, payment, license, delivery, accounting entry, and reporting. Do not let a certificate date become the commercial launch date unless every required control passes.

Readiness gates

Incorporated

Deed and AHU legal-entity approval Entity legally exists

Licensed and tax-ready

Applicable OSS and tax outputs Activity can proceed under conditions

Operational

Bank, people, premises, controls, and reporting First transaction can be executed

Approve the paid-up capital only when ownership, deposit, and use evidence reconcile

The decision for PT PMA Paid-Up Capital: IDR 2.5 Billion Rule Explained should be approved only when the company structure, ownership position, documents, governance, capital, address, licensing, tax, banking, and responsible owners are consistent. If one of those facts remains conditional, record it as a pre-filing or pre-operation gate instead of hiding it inside a broad provider promise.

The board or founders should sign a short mandate naming the chosen route, approved source data, budget, payment limits, acceptance evidence, unresolved conditions, and first lawful transaction. That mandate gives the notary and providers clear instructions while preserving investor control over changes. Recheck current official rules immediately before filing because sector, OSS, tax, banking, and immigration requirements can change.

Frequently asked questions

Is the IDR 2.5 billion paid-up capital a government or agent fee?

The current general minimum issued and paid-up capital for a PT PMA is IDR 2.5 billion per limited liability company, unless another law or sector rule requires more. It is shareholder equity, not an agent fee or the company's total investment value. Confirm the answer against the current official rule and the company's exact deed, AHU, OSS, tax, bank, customs, digital, sector, and location facts before acting.

What is the current general PT PMA capital baseline?

BKPM Regulation 5 of 2025 generally sets investment above IDR 10 billion outside land and buildings per five-digit KBLI per project location, with stated exceptions, and paid-up capital of at least IDR 2.5 billion per PT unless another rule requires more.

Can paid-up capital be used by the company?

The current rule restricts moving it out of the company account for at least 12 months, except for asset purchases, building construction, or company operations. Keep invoices, approvals, bank records, and accounting entries for every use.

Does company registration alone allow the business to start operating?

Not always. Legal-entity approval and an NIB are important outputs, but the activity may still require a verified Standard Certificate, a license, supporting PB UMKU, premises evidence, tax activation, or another sector condition. Read the status and obligations attached to the exact KBLI before the first commercial transaction.

Is paid-up capital the same as a registration fee?

No. Paid-up capital belongs to the company as shareholder equity and must be documented and used consistently with current rules. Provider fees, official charges, translations, address costs, and operating expenses are separate. Never transfer a capital amount to an agent merely because an invoice calls it a setup fee.

Official references