New Regulations for Establishing and Dissolving PT in Indonesia

The Indonesian government recently introduced a new regulation concerning the process of establishing, altering, and dissolving Limited Liability Companies (PT). This rule, outlined in the Ministry of Law Regulation (Permenkum) No. 49/2025, has been in effect since December 17, 2025. It aims to enhance business governance and legal certainty in the country. According to the Minister of Law, Supratman Andi Agtas, the new rule positions Indonesia as an attractive country for investments in all sectors, including housing. This regulation replaces the previous one and introduces several new requirements. Key changes include mandatory reporting of beneficial ownership data for transparency, reporting mechanisms, and regular annual shareholder meetings. Businesses need to be prepared to adapt to these changes, while the Indonesian Real Estate Association (REI) aims to assist its members in understanding and complying with the new regulations.