Company Dissolution Services in Indonesia

Dissolving a company in Indonesia can pose a challenge for entrepreneurs due to complex tax, financial, and legal processes. Acquiring an expert in closing companies might be an efficient solution to support your business development.

Why Should You Choose Company Dissolution Services in Indonesia?

As a business owner, running your own company is always challenging. One of the biggest challenges that may arise is the possibility of a company dissolution.

Unfortunately, closing a company in Indonesia can be another burden if not systematically executed. Problems that come within the company, such as administrative problems, can also lead to the dissolution of the company.

Some other common reasons for dissolving a company  in Indonesia are:

  • An expired incorporation term
  • An expired business license (a PT PMA business license or other operational license). Some cases may involve a license being revoked
  • A company has been dormant or has not been actively operating for the last three years
  • A company or a business is not compliant with the Indonesia Law
  • A company is bankrupt and unable to pay creditors with its assets

The Process of Company Dissolution in Indonesia

To dissolve a company in Indonesia a business is obliged to go through a liquidation process. In other words, liquidation is the process of clearing and settling the assets and liabilities of a closing company, either active or inactive in Indonesia, without going through the litigation process.

To approve the liquidation process, a company should assign a liquidator. The liquidator of the closing company can be represented by a legal consultant, a lawyer, or one of the Board of Directors (BoD) members during the process of winding up a company.

The appointed liquidator is responsible for announcing the dissolution in the State Gazette of Indonesia and the local newspaper agencies. Failure to do so will result in an ineffective liquidation.

The Time Frame for Company Dissolution

The process of closing a company can take between 1 to 1.5 years to complete. According to Act Number 40 of 2007 concerning Limited Liability Company, the steps to dissolve a company are as follows:

Company Dissolution Timeline

 

InCorp Indonesia as Company Dissolution Services Provider

1
LIQUIDATOR SERVICES

InCorp can act as a liquidator in Indonesia and assist in conducting all the steps of the process for the closing company.

2
ONE-STOP SOLUTIONS

InCorp is a leading one-stop consultancy provider and will handle the whole termination process of your company’s legal status in Indonesia.

3
FAST PROCESS

The duration of closing a company in Indonesia depends on many external conditions, but InCorp ensures that no major delays will occur. We guarantee the fastest dissolution process thanks to our vast experience in the Indonesian market and a vast network.

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Disclaimer: The information is provided by PT. Cekindo Business International (“InCorp Indonesia/ we”) for general purpose only and we make no representations or warranties of any kind.

We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Indonesia or its appointed officials.

We do not promote any official government document or services of the Government of the Republic of Indonesia, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website.

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