Perseroan Terbatas Pt Indonesia English Definition Types
What is Perseroan Terbatas? The capital of a PT company is divided into shares, and shareholders’ responsibility is directly proportional to the number of shares held. In addition, since it is an LLC, the liabilities of shareholders are limited. Therefore, they are detached from the PT company’s liabilities, and their assets are protected from the adverse impact of the financial crisis faced by the company. Key Takeaways Perseroan Terbatas in Indonesia refers to a legal entity type that businesses can form to conduct business and build a revenue-generating entity in Indonesia....