When Must PT PMA Capital Be Paid? Incorporation, OSS, and Bank Evidence Timing

A PT PMA is not generally required to deposit IDR 10 billion instantly. Under BKPM Regulation No. 5 of 2025, the general minimum issued and paid-up capital is IDR 2.5 billion per PT PMA unless another rule requires more. The separate planned investment value for many activities must exceed IDR 10 billion per applicable KBLI and project location. Company-law records should not state that issued shares are fully paid unless lawful contribution evidence supports that statement.

The practical payment moment is constrained by a sequencing problem: the deed and legal-entity records must accurately describe the shares, while an Indonesian corporate account is usually opened only after legal formation documents exist. The notary, bank, OSS process, and sector may use declarations or later evidence differently. Resolve that sequence with the notary and selected bank before signing, and never use a false “already paid” statement to bridge an administrative gap.

In this article

• Separate investment value and capital
• Fix subscription terms before signing
• Coordinate bank account and transfer timing
• Align OSS declarations and capital data
• Control first-year capital use
• Close the capital evidence loop
• Regulatory notes and limitations
• Official references and review basis
• Practical conclusion

Key takeaways

• IDR 10 billion is generally an investment-plan concept for many activities, not the current universal paid-up capital deposit.
• The general PT PMA issued and paid-up capital floor is IDR 2.5 billion unless another rule requires more.
• A deed statement and shareholder subscription should match what can be lawfully proved.
• A corporate account may be opened after formation, so the sequence must be agreed with the notary and bank.
• Capital use during the first twelve months should remain within the permitted categories and have contemporaneous evidence.

Separate the IDR 10 billion plan from the capital payment

The current regulation places two different numbers in the same project. Many PMA activities require a total planned investment value of more than IDR 10 billion per applicable calculation unit. A PT PMA also has a general minimum issued and paid-up capital of IDR 2.5 billion per company. The first is a project-scale rule; the second is a company equity rule.

• Confirm KBLI and project-location investment calculations.
• State authorized, issued, and paid-up capital separately.
• Identify any sector, immigration, financing, or tender rule requiring more.
• Avoid describing the entire investment plan as an immediate deposit.

Use the investment value and paid-up capital comparison to confirm the two tracks. A document is ready only when its names, dates, authority, and business purpose match the rest of the file.

Fix the subscription terms before the deed is signed

The founders should determine the subscriber, share number, nominal value, contribution form, currency, payment mechanics, and evidence before notarial execution. A foreign corporate shareholder also needs authority to invest and sign. The deed should reflect the lawful position rather than a convenient future intention.

• Shareholder and beneficial-owner identity is current.
• Corporate approvals authorize the subscription and Indonesian signers.
• Cash or non-cash contribution mechanics are documented.
• The deed, shareholder register, and accounting opening entries will agree.

If the account cannot yet exist, obtain matter-specific advice on lawful evidence and wording; do not backdate payment. Use the result to decide what must be fixed before the next filing or bank contact.

Coordinate the corporate bank account and incoming transfer

After the company has its deed, Ministry approval, NIB, NPWP, and management records as requested, the selected bank can conduct customer due diligence. Opening timelines vary because the bank reviews the company, signers, shareholders, UBOs, business model, expected transactions, and source of funds. Account availability therefore should be a planned dependency, not an assumed next-day event.

• Use the exact PT PMA legal name and account details.
• Send from the documented shareholder where possible.
• Reference the subscription or capital purpose clearly.
• Retain transfer, SWIFT, FX, credit, and bank statement evidence.

Prepare the transfer file with the capital proof for bank opening guide. Keep the evidence together so the same answer can be supported across the notary, OSS record, tax file, and bank review.

Align OSS data with the deed and actual funding

OSS records the company and project information used for risk-based licensing. The declared capital and investment data should match the approved structure and the current facts. An OSS entry does not convert an unpaid amount into paid capital, and a bank transfer does not automatically correct an inaccurate deed or project calculation.

• Deed and Ministry records are current.
• Capital contribution evidence matches issued shares.
• Investment values use the correct KBLI-location unit.
• Changes are made through the proper corporate and OSS process.

Keep screenshots and system outputs as filing evidence, but retain the underlying corporate and transaction records as the primary support. Assign an owner and a completion condition instead of treating the item as a general reminder.

Control use of capital during the first twelve months

BKPM Regulation No. 5 of 2025 states that placed or paid capital may not be moved from the company account for at least twelve months, except for asset purchases, building construction, and company operations. This is not a rule that every rupiah must remain idle; it is a control against unsupported removal from the business.

• Assets are entered into an asset register and used by the company.
• Operating costs are supported by payroll, leases, suppliers, or tax records.
• Building expenditure is supported by contracts and project records.
• No unexplained return to shareholders, founders, or personal accounts.

Review the transaction path against the capital payment and scam-risk checks. If two records give different answers, resolve the source record first and then refresh downstream documents.

Close the evidence loop after payment

A completed capital process should be reconstructable without relying on one person’s memory. The file should show corporate authorization, subscription, transfer origin, bank credit, currency conversion, allocation among shareholders, ledger entry, shareholder register, OSS data, and later use. Evidence gaps should be logged and repaired from independent sources.

• Bank and accounting reconciliation completed.
• Shareholder register and certificates reflect the valid issue.
• OSS and regulatory data match the final structure.
• First-year use records are indexed and retained.

Do not postpone reconciliation until a bank, auditor, buyer, or regulator asks; later reconstruction is slower and less credible. Document who can approve the decision, who can execute it, and what record will prove completion.

Compare this decision framework with HSJGlobal’s Indonesia company registration scope before approving the implementation plan. Review the Indonesia company registration scope .

Regulatory Notes and Limitations

Capital timing depends on Company Law, current BKPM rules, deed facts, sector requirements, and the selected bank’s process. This article does not authorize a deed statement or payment sequence for a specific company.

• The general current PT PMA issued and paid-up capital minimum is IDR 2.5 billion, not IDR 10 billion, unless another rule requires more.
• Many activities remain subject to a planned investment value of more than IDR 10 billion per applicable KBLI-location calculation.
• The company should not represent issued shares as fully paid without lawful evidence.
• Bank account acceptance and timing are separate from Ministry and OSS approvals.
• Capital-use restrictions and sector-specific rules should be checked immediately before payment and expenditure.

Official References and Review Basis

Primary materials were checked on July 28, 2026. The links below support the regulatory and banking framework used in this article; they do not replace a matter-specific legal, tax, licensing, or bank review.

• BKPM Regulation No. 5 of 2025 : Current PMA investment-value, issued/paid-up capital, and capital-use framework.
• Limited Liability Company Law No. 40 of 2007 : Company-law framework for share capital, corporate organs, records, and shareholder rights.
• Government Regulation No. 8 of 2021 : Authorized-capital and company-registration framework following the Job Creation reforms.
• OJK Regulation No. 8 of 2023 : CDD, beneficial-owner review, enhanced measures, and face-to-face or electronic verification framework for financial services.

Practical conclusion

PT PMA capital timing is a sequence, not one date. Fix the lawful subscription and deed position, open the corporate account under the bank’s KYC process, make a traceable contribution, align OSS and accounting data, and control permitted use.

The safest answer to “when must it be paid?” comes from a closing checklist that names the evidence required at every stage. That approach corrects the outdated assumption that every PT PMA must instantly deposit IDR 10 billion.

Related insights

• Minimum investment versus paid-up capital
• PT PMA capital proof for bank account opening
• Investment plan versus paid-up capital payment checks