What is a PT PMA?
A PT PMA is an Indonesian limited-liability company with foreign shareholders. It can hold land under a right-to-build (HGB) title for its business, such as a surf camp or villa rental.
Last updated · Buying & ownership glossary
About PT PMA
Setting up a PT PMA involves capital and licensing requirements that change from time to time, and the company has to carry on the business it is licensed for.
- Also called
- foreign-owned company (Indonesia)
- Where it applies
- Indonesia
This is general information, not legal advice. Confirm with a licensed local attorney before you buy.
Related terms
- Hak guna bangunan (HGB)
- Hak guna bangunan (HGB, right to build) is an Indonesian title to construct and own buildings on land for a fixed, extendable term. Indonesian companies, including foreign-owned PT PMA companies, can hold it.
- Hak milik
- Hak milik is freehold ownership of land in Indonesia, the strongest land title there, and it is reserved for Indonesian citizens. Foreigners cannot hold it, and arrangements that put a foreigner's land in an Indonesian nominee's name are not legally protected.
- Leasehold
- Leasehold is the right to use land or a building for a fixed number of years under a lease, after which it returns to the owner. Where foreigners cannot own land — Indonesia, the Philippines — a long registered lease is a common way to secure a villa or surf-camp site.