The cost of setting up a Domestic Investment Limited Liability Company or PT PMDN (Perseroan Terbatas Penanaman Modal Dalam Negeri) ranges from IDR 2 million to IDR 13 million when handled independently, and from IDR 3 million to IDR 15 million when using an all-inclusive consulting service. These figures do not include domicile costs or sector-specific technical licensing fees, which vary depending on the nature of the business.
However, those numbers only tell part of the story. The actual cost of setting up a PT PMDN is shaped by several variables: the scale of the registered share capital, the location of the company’s domicile, the risk classification of the selected business activity code or KBLI (Klasifikasi Baku Lapangan Usaha Indonesia), and the complexity of the ownership structure.
This article breaks down each cost component transparently, based on regulations in effect for 2025 and 2026, including Ministerial Regulation (Peraturan Menteri Hukum or Permenkum) No. 49 of 2025 and Government Regulation (Peraturan Pemerintah or PP) No. 28 of 2025, so that you can plan your budget accurately from the outset.
Cost Components of Setting Up a PT PMDN
The costs involved in establishing a PT PMDN fall into two categories: mandatory costs that cannot be avoided, and optional costs that depend on the specific needs of your company. Understanding the distinction between the two is essential to prevent budget overruns during the process.
Notarial Fees
A notary public is the first party that must be engaged when establishing a PT PMDN. Under Permenkum No. 49 of 2025, which took effect on 16 December 2025 and replaced the previous Permenkumham No. 21 of 2021, the incorporation of a PT PMDN as a capital-based limited liability company must be executed through a notarial deed submitted electronically via the Legal Entity Administration System or SABH (Sistem Administrasi Badan Hukum).
The notarial fee typically covers the name verification and reservation of the company name through the Ministry of Law’s AHU (Administasi Hukum Umum) Online system, the drafting of the deed of incorporation together with the company’s Articles of Association, and the submission of the legal entity ratification to the Ministry of Law.
Important note: Under Permenkum 49/2025, documentation of the Beneficial Owner is now mandatory as part of the supporting documents required for incorporation. If the ownership structure of your company is complex or involves multiple parties, this requirement may extend the preparation timeline and potentially increase notarial fees.
The following table provides estimated notarial fees based on the scale of registered share capital:
| Scale of Share Capital | Estimated Notarial Fee |
| Micro and small enterprises with share capital up to IDR 25 million | IDR 1,000,000 |
| Micro and small enterprises with share capital up to IDR 1 billion | IDR 5,000,000 |
| Share capital exceeding IDR 1 billion | IDR 5,000,000 to IDR 10,000,000 or more |
Ministry of Law Ratification Fee
Once the deed of incorporation has been signed, the notary will submit an application for legal entity ratification through SABH to the Ministry of Law. The outcome of this process is a Ministerial Decree (Surat Keputusan or SK) that serves as official confirmation that your PT PMDN has been legally recognized as a corporate entity in Indonesia.
The ratification fee varies based on the amount of registered share capital, generally ranging from 0.1 percent to 0.6 percent of total share capital.
As a point of reference, for a company with IDR 500 million in share capital, the estimated fee falls between IDR 500,000 and IDR 3,000,000.
Business Registration Number Fee via the Risk-Based Approach Licensing System
The Business Registration Number (Nomor Induk Berusaha or NIB) is the official business identifier that every company must obtain before commencing operations. Registration of the NIB is free of charge. The entire process is completed online through the government portal oss.go.id, in accordance with Government Regulation No. 28 of 2025, which took effect on 5 October 2025 and replaced Government Regulation No. 5 of 2021.
What matters is the type of business license that accompanies the NIB, which is determined by the risk classification assigned to the selected business activity code or KBLI. Selecting the correct KBLI from the outset directly determines how long and how costly the subsequent licensing process will be.
For KBLI classifications at the medium-high risk level or above, the verification process by the relevant technical authority can take anywhere from several weeks to several months. This is where professional consulting services become particularly relevant and worth considering.
Corporate Tax Identification Number Registration
Registration of a corporate Tax Identification Number(Nomor Pokok Wajib Pajak or NPWP) is free of charge and can be completed online through the Coretax DJP portal.
In practice, as of 2025 and 2026, corporate NPWP registration has become increasingly integrated with the Ministry of Law’s system, meaning the process often proceeds almost automatically following the issuance of the Ministerial Decree. Costs only arise if you choose to engage a consultant or third-party service provider to manage this step on your behalf.
Domicile or Virtual Office Costs
A PT PMDN is required to have a registered business domicile address that can be verified by the relevant system. For low-risk KBLI classifications located within a designated commercial zone, a virtual office is still accepted by the OSS system.
For medium-high risk KBLI classifications and above, however, a physical office is required because the licensing process involves on-site verification by authorized government officials.
Estimated virtual office costs in Jakarta range from IDR 500,000 to IDR 3,000,000 per month, depending on location and the facilities provided. In cities outside Jakarta, rates are generally more affordable.
Professional Consulting Fees (Optional)
Engaging a professional consulting firm is not a legal requirement. However, for many company founders who are unfamiliar with the AHU Online and OSS systems, it is a worthwhile investment to avoid errors that could result in costly deed amendments at a later stage.
Consulting packages for PT PMDN incorporation generally include the full process of notarial deed preparation, Ministerial Decree application, corporate NPWP registration, and NIB registration, all in one integrated service. The following table shows estimated consulting fees based on business classification:
| Business Classification | Estimated Consulting Package Fee |
| Micro | IDR 3,000,000 to IDR 8,500,000 |
| Small | IDR 8,500,000 to IDR 9,000,000 |
| Medium | IDR 9,000,000 to IDR 10,000,000 |
| Large | IDR 10,000,000 to IDR 15,000,000 or more |
Always compare service packages thoroughly before selecting a consulting provider. Confirm explicitly whether the quoted package already includes notarial fees and Non-Tax State Revenue (Penerimaan Negara Bukan Pajak or PNBP) charges, rather than covering only the service fee itself. A package that appears competitively priced at first glance may prove significantly more expensive once notarial and PNBP costs are billed separately.
Estimated Total Cost of Setting Up a PT PMDN
The following table provides a comparative overview of the total cost of setting up a PT PMDN across the two most common scenarios faced by business founders:
| Cost Component | Self-Managed | With Consulting Services |
| Notarial Fee | IDR 1 million to IDR 10 million | Included in package |
| Ministerial Decree Fee | IDR 500,000 to IDR 3 million | Included in package |
| NIB via OSS | Free | Included in package |
| Corporate NPWP | Free | Included in package |
| Virtual Office (optional) | IDR 500,000 to IDR 3 million per month | Billed separately |
| Total Estimate | IDR 2 million to IDR 13 million | IDR 3 million to IDR 15 million (all-in) |
Please note that the figures above are estimates and do not include sector-specific technical licensing fees applicable to certain business activities. The actual total cost may be higher depending on the specific circumstances of your company.
Factors That Influence the Total Cost
Understanding the following factors will help you estimate the cost of setting up a PT PMDN more accurately before initiating the process.
Scale of Share Capital
The larger the share capital stated in the deed of incorporation, the higher the Ministerial Decree ratification fee and the potential notarial fees. Under Government Regulation No. 8 of 2021, there is no minimum share capital requirement for a PT PMDN.
The amount is determined entirely by the founders, subject to one non-negotiable obligation: a minimum of 25 percent of the stated share capital must be fully paid up and evidenced by valid proof of payment, submitted to the Minister no later than 60 days after the deed of incorporation is signed.
Company Domicile Location
Notarial fees in Jakarta are generally higher than in other cities across Indonesia. Additionally, certain regional governments impose local levies that are not always publicly disclosed. This is one cost component that should be confirmed explicitly with your notary or consulting provider at the outset to avoid unexpected expenses during the process.
KBLI Risk Level and Business Activity Type
A low-risk KBLI classification means a simpler and more cost-efficient licensing process. Conversely, business sectors subject to stricter government regulation, such as healthcare, construction, financial services, and information technology, require additional technical licenses that involve extra cost and time beyond the standard incorporation package.
One important consideration in 2026 is the ongoing KBLI transition period. The Central Statistics Agency (Badan Pusat Statistik or BPS) officially issued KBLI 2025 in December 2025, replacing KBLI 2020, with the OSS system migration expected to be completed around June 2026.
During this transition period, it is essential to verify that the KBLI code selected in the deed of incorporation aligns with the correspondence table between KBLI 2020 and KBLI 2025 to avoid the need for a deed amendment after the OSS system migration is complete.
Complexity of the Ownership Structure
A large number of shareholders, layered ownership structures, or complex Beneficial Owner disclosure requirements will increase the complexity of the deed of incorporation and may significantly raise notarial fees. The simpler the ownership structure, the more efficient and cost-effective the process.
Hidden Costs to Watch Out For
The following are costs that often go unaccounted for in initial budget planning and result in unexpected expenditure during the process.
Deed amendment costs due to data errors
Discrepancies between data recorded in the AHU Online system and the OSS system, for example a domicile address that does not match exactly or a KBLI code whose risk classification has changed, may require a deed amendment. This process incurs new notarial fees that can be comparable in value to the original incorporation cost.
Undisclosed regional levies
Certain regional governments continue to impose levies on specific administrative processes that are not reflected in the official fee schedule issued by the central government. Confirm the existence of any such levies explicitly with your notary or consulting provider before commencing the process.
Sector-specific technical licensing fees
Standard incorporation packages generally cover only the NIB and the basic business license. Sector-specific technical licenses, such as the Construction Business License (Izin Usaha Jasa Konstruksi or IUJK) and the Construction Service Business Certificate (Sertifikat Badan Usaha or SBU) for construction companies, the Financial Services Authority (Otoritas Jasa Keuangan or OJK) license for fintech businesses, or operational permits for healthcare providers, are processed separately and carry their own associated costs and timelines.
Corporate bank account opening costs
Once your PT PMDN has been incorporated, you will need to open a bank account in the company’s name. Each bank has its own requirements and administrative fee structure, and these should be factored into your initial budget.
Practical Tips for Reducing Incorporation Costs
The following are concrete steps you can take to minimize expenditure without compromising the legal validity of your company.
Finalize all data before meeting the notary
Ensure that at least two alternative company names have been prepared, that the shareholder and management structure has been finalized, that the share capital amount has been agreed upon, and that the domicile address has been verified. Any change made after the deed of incorporation has been signed will generate new amendment fees.
Select the correct KBLI from the outset
Errors in KBLI selection are among the most common causes of delays and additional costs. Consult with a notary or consulting provider who is familiar with the differences between KBLI 2020 and KBLI 2025 during the current OSS system transition period.
Verify that the domicile address complies with the Detailed Spatial Plan (Rencana Detail Tata Ruang or RDTR)
An address located outside a permitted commercial zone will be rejected by the OSS system, requiring you to identify a new domicile address, which means additional cost and time.
Compare consulting packages in detail
A lower-priced package is not necessarily more cost-effective if notarial fees and PNBP charges are not included. Ask explicitly what is and is not covered before committing to a provider.
Prepare Beneficial Owner documentation from the start
Permenkum 49/2025 requires Beneficial Owner disclosure as part of the incorporation documents. Having this information ready from the beginning will prevent delays at the Ministerial submission stage.
Establish Your PT PMDN with XPND
Setting up a PT PMDN involves multiple interdependent steps: selecting the correct KBLI, ensuring data consistency between the AHU Online and OSS systems, preparing complete Beneficial Owner documentation, and managing ongoing post-incorporation compliance. A single error at the outset can result in unnecessary deed amendment costs and significant delays.
XPND supports clients through the entire process from start to finish. Our services cover KBLI verification and selection, coordination with licensed notaries, Ministerial Decree and NIB applications, and ongoing compliance support including Investment Activity Reports (Laporan Kegiatan Penanaman Modal or LKPM) and annual SABH reporting obligations.
Our team works in accordance with the latest applicable regulations, including Permenkum 49/2025 and PP 28/2025, and has hands-on experience serving clients across Jakarta, Surabaya, Semarang, Batam, and Bali.
An initial consultation with the XPND team is available at no charge to help you understand the estimated cost and timeline based on the specific circumstances of your business.
