How to Close a PT PMA in Indonesia: Tax, AHU, OSS and LKPM Checklist
Closing a PT PMA Requires More Than Stopping Operations
A PT PMA does not cease to exist simply because it stops trading, closes its office or leaves its business licences unused. Formal closure requires several coordinated procedures covering the company’s legal status, OSS licences, tax registration and outstanding reporting obligations.
For a voluntary closure, shareholders generally begin the dissolution and liquidation process through a formal corporate resolution. The company must then complete the required AHU filings, settle liabilities and contractual obligations, address employee and creditor claims, revoke relevant licences in OSS and finalise its tax affairs before applying to delete its NPWP.
These procedures are connected but not automatic. Closing an OSS licence does not dissolve the legal entity, while ceasing business activity does not remove the company’s tax and reporting obligations.
For a voluntary closure, shareholders generally begin the dissolution and liquidation process through a formal corporate resolution. The company must then complete the required AHU filings, settle liabilities and contractual obligations, address employee and creditor claims, revoke relevant licences in OSS and finalise its tax affairs before applying to delete its NPWP.
These procedures are connected but not automatic. Closing an OSS licence does not dissolve the legal entity, while ceasing business activity does not remove the company’s tax and reporting obligations.
Dissolution, Liquidation and Termination of Legal Status
These are three connected but legally distinct stages regulated by Articles 142–152 of Indonesia’s Company Law.
Dissolution is the formal decision or legal event that begins the closure process. For a voluntary PT PMA closure, this will usually require a shareholders’ resolution documented through a notarial deed and notified through AHU.
Liquidation is the process of settling the company’s affairs. The liquidator identifies assets and liabilities, collects receivables, pays creditors, addresses contractual obligations and distributes any remaining assets. During this period, the company retains its legal status but may act only for purposes connected with the liquidation.
The company’s legal status ends only after the liquidation has been completed, the liquidator’s final accountability has been accepted and the required notification has been processed by the Ministry of Law. AHU then records and announces the termination of the company’s legal-entity status.
Dissolution is the formal decision or legal event that begins the closure process. For a voluntary PT PMA closure, this will usually require a shareholders’ resolution documented through a notarial deed and notified through AHU.
Liquidation is the process of settling the company’s affairs. The liquidator identifies assets and liabilities, collects receivables, pays creditors, addresses contractual obligations and distributes any remaining assets. During this period, the company retains its legal status but may act only for purposes connected with the liquidation.
The company’s legal status ends only after the liquidation has been completed, the liquidator’s final accountability has been accepted and the required notification has been processed by the Ministry of Law. AHU then records and announces the termination of the company’s legal-entity status.
Step 1: Approve the Dissolution and Appoint a Liquidator
For a voluntary closure, the shareholders must formally approve the dissolution of the PT PMA through a General Meeting of Shareholders. The decision is normally recorded in a notarial deed and must identify the person responsible for conducting the liquidation.
The shareholders may appoint a director or another qualified person as liquidator. If no liquidator is appointed, the directors generally perform this role. The liquidator then becomes responsible for notifying creditors, settling the company’s affairs and completing the required dissolution filings.
The notary submits the initial dissolution notification through AHU Online. This filing begins the formal closure process but does not yet terminate the company’s legal-entity status.
The shareholders may appoint a director or another qualified person as liquidator. If no liquidator is appointed, the directors generally perform this role. The liquidator then becomes responsible for notifying creditors, settling the company’s affairs and completing the required dissolution filings.
The notary submits the initial dissolution notification through AHU Online. This filing begins the formal closure process but does not yet terminate the company’s legal-entity status.
Step 2: Notify Creditors and Complete the Liquidation
Under Article 147 of Indonesia’s Company Law, the liquidator must notify creditors of the dissolution within 30 days. The notification must be published in a newspaper and the State Gazette of the Republic of Indonesia, while the dissolution must also be reported to the Minister for recording in the Company Register.
The announcement must state the legal basis for the dissolution, the liquidator’s name and address, the procedure for submitting claims and a creditor claim period of 60 days from the publication date.
During the liquidation, the liquidator identifies and collects the company’s assets, settles debts and contractual liabilities, addresses creditor claims and prepares the proposed distribution of any remaining assets to shareholders.
The announcement must state the legal basis for the dissolution, the liquidator’s name and address, the procedure for submitting claims and a creditor claim period of 60 days from the publication date.
During the liquidation, the liquidator identifies and collects the company’s assets, settles debts and contractual liabilities, addresses creditor claims and prepares the proposed distribution of any remaining assets to shareholders.
Step 3: Approve the Liquidator’s Final Report and End the Company’s Legal Status
After the company’s assets and liabilities have been settled, the liquidator prepares a final liquidation report and submits it to the General Meeting of Shareholders for approval. Approval of the report releases the liquidator from responsibility for the completed liquidation, subject to the applicable legal requirements.
Under Article 152 of Indonesia’s Company Law, the liquidator must then notify the Minister and publish the completion of the liquidation in a newspaper. Once the required notification has been accepted, the Ministry records the termination of the company’s legal-entity status, removes the company from the Company Register and announces the termination in the State Gazette.
The PT PMA is legally terminated only after this final process has been completed. The shareholders’ dissolution decision or the initial AHU filing alone does not end the company’s legal status.
Under Article 152 of Indonesia’s Company Law, the liquidator must then notify the Minister and publish the completion of the liquidation in a newspaper. Once the required notification has been accepted, the Ministry records the termination of the company’s legal-entity status, removes the company from the Company Register and announces the termination in the State Gazette.
The PT PMA is legally terminated only after this final process has been completed. The shareholders’ dissolution decision or the initial AHU filing alone does not end the company’s legal status.
Step 4: Submit the Final LKPM for All OSS Projects
Before applying to revoke its business licences, the PT PMA should verify that the latest required LKPM has been submitted and approved for every project recorded in OSS. A report covering only one project may not be sufficient if the company has multiple registered projects.
Any rejected, incomplete or overdue LKPM should be corrected before the liquidation-based revocation request is filed. The reported investment realisation and project status should also be consistent with the company’s actual cessation of business activities.
Submitting the final LKPM does not dissolve the company or cancel its licences. It completes an outstanding reporting requirement before the company proceeds with the separate OSS liquidation procedure.
Any rejected, incomplete or overdue LKPM should be corrected before the liquidation-based revocation request is filed. The reported investment realisation and project status should also be consistent with the company’s actual cessation of business activities.
Submitting the final LKPM does not dissolve the company or cancel its licences. It completes an outstanding reporting requirement before the company proceeds with the separate OSS liquidation procedure.
Step 5: Revoke the NIB and Business Licences Through OSS
The company’s OSS records must be closed through a separate licence-revocation procedure. For a PT PMA undergoing dissolution, the relevant route is generally the “Business Licence Revocation — Liquidation (Non-UMK)” procedure, rather than the non-liquidation procedure used when only particular business activities or licences are being discontinued.
Before submitting the application, the company should check that its corporate and project data are accurate, its NPWP status can be validated and the required LKPM reports have been submitted and accepted. The applicant must then review each registered project and provide the documents requested for the liquidation-based revocation.
Approval may result in the revocation or updating of the NIB and the relevant Standard Certificates, business licences and other OSS approvals. Because different projects may fall under different government authorities, the company should verify that every registered activity has been addressed rather than assuming that one approval automatically closes all OSS records.
Before submitting the application, the company should check that its corporate and project data are accurate, its NPWP status can be validated and the required LKPM reports have been submitted and accepted. The applicant must then review each registered project and provide the documents requested for the liquidation-based revocation.
Approval may result in the revocation or updating of the NIB and the relevant Standard Certificates, business licences and other OSS approvals. Because different projects may fall under different government authorities, the company should verify that every registered activity has been addressed rather than assuming that one approval automatically closes all OSS records.
Step 6: Finalise Tax Obligations and Apply for NPWP Deletion
Stopping business operations or completing the corporate liquidation does not automatically close the company’s tax registration. Until the Directorate General of Taxes approves the deletion of the NPWP, the PT PMA may remain responsible for applicable tax returns, payments and other outstanding tax obligations.
The company should review its tax filings, settle any unpaid liabilities and reconcile withholding taxes, VAT and employee-related taxes where applicable. If the PT PMA is registered as a taxable entrepreneur (PKP), the revocation of its PKP status must also be addressed as part of the tax-closure process.
A company that has been liquidated or dissolved may submit an NPWP deletion application with supporting documents, including evidence of the dissolution. The Directorate General of Taxes will review whether the company still meets the conditions for maintaining an NPWP and whether unresolved tax matters remain. The NPWP should not be treated as deleted until the tax authority has formally approved the application.
The company should review its tax filings, settle any unpaid liabilities and reconcile withholding taxes, VAT and employee-related taxes where applicable. If the PT PMA is registered as a taxable entrepreneur (PKP), the revocation of its PKP status must also be addressed as part of the tax-closure process.
A company that has been liquidated or dissolved may submit an NPWP deletion application with supporting documents, including evidence of the dissolution. The Directorate General of Taxes will review whether the company still meets the conditions for maintaining an NPWP and whether unresolved tax matters remain. The NPWP should not be treated as deleted until the tax authority has formally approved the application.
Step 7: Settle Employee, Contractual and Operational Obligations
If the PT PMA employs staff, the company must complete the applicable employment-termination procedure and calculate all statutory payments before closure. The amount and process may differ depending on the type of employment agreement, length of service and legal basis for termination. Final payroll, employee income tax and BPJS obligations should also be reconciled.
The liquidator should review leases, supplier agreements, customer contracts, loans, insurance policies and other continuing commitments. Each agreement should be properly terminated, transferred or settled in accordance with its terms rather than simply abandoned when operations stop.
Company bank accounts should generally remain available until receivables have been collected, creditors and employees have been paid, taxes have been settled and the remaining assets can be distributed. Closing operational accounts too early may make the final stages of liquidation more difficult.
The liquidator should review leases, supplier agreements, customer contracts, loans, insurance policies and other continuing commitments. Each agreement should be properly terminated, transferred or settled in accordance with its terms rather than simply abandoned when operations stop.
Company bank accounts should generally remain available until receivables have been collected, creditors and employees have been paid, taxes have been settled and the remaining assets can be distributed. Closing operational accounts too early may make the final stages of liquidation more difficult.
PT PMA Closure Document Checklist
The exact documents depend on the company’s activities, assets, employees and tax status. A typical voluntary closure file should include:
The documents should be kept in a coordinated closure file. Inconsistent information across AHU, OSS, tax, employment and accounting records may delay the completion of the process.
- Shareholders’ resolution approving the dissolution and appointing the liquidator;
- Notarial deed and evidence of the initial AHU dissolution notification;
- Newspaper and State Gazette creditor announcements;
- Register of assets, liabilities, receivables and creditor claims;
- Employee termination, final payroll, BPJS and tax records;
- Final LKPM submissions for every project registered in OSS;
- Evidence of NIB and business-licence revocation or updating;
- Final tax returns, payment records and supporting accounting documents;
- Applications concerning NPWP deletion and PKP revocation, where applicable;
- Liquidator’s final report and shareholder approval; and
- Evidence that the termination of the company’s legal status has been recorded.
The documents should be kept in a coordinated closure file. Inconsistent information across AHU, OSS, tax, employment and accounting records may delay the completion of the process.
Frequently Asked Questions About Closing a PT PMA in Indonesia
Can a PT PMA Be Closed Simply by Stopping Business Activities?
No. Stopping operations does not dissolve the legal entity, revoke its OSS licences or delete its NPWP. The company must complete the formal corporate, licensing, reporting and tax-closure procedures.
How Long Does It Take to Close a PT PMA?
There is no single fixed timeline. The process depends on creditor notifications, outstanding contracts, employees, tax compliance, LKPM status, OSS projects and the complexity of the company’s assets and liabilities.
Can a PT PMA Remain Inactive Instead of Being Liquidated?
A company may stop operating without immediately entering liquidation, but it continues to exist as a legal and taxable entity. Applicable tax returns, LKPM reports, corporate records and other compliance obligations may therefore continue.
Does Revoking the NIB Automatically Close the Company?
No. Revoking or updating the NIB and business licences through OSS is separate from dissolving the legal entity through AHU and deleting its NPWP through the Directorate General of Taxes.
Can the Company’s NPWP Be Deleted Before All Taxes Are Settled?
The tax authority may review the company’s filings, payments and outstanding obligations before approving NPWP deletion. The company should continue meeting applicable tax obligations until the deletion has been formally approved.
Who Manages the PT PMA During Liquidation?
The appointed liquidator manages the company’s affairs for liquidation purposes. If no liquidator is appointed, the directors generally perform this function, subject to Indonesia’s Company Law and the shareholders’ resolution.
Related Insights
Closing a PT PMA requires coordination across corporate, licensing, reporting and tax systems. The following guidance may also be useful:
- PT PMA Annual Report Indonesia 2026 — understand the annual reporting, shareholder approval and SABH filing requirements that may remain relevant before liquidation.
- KBLI 2025 for Existing PT PMA: AHU and OSS Checks — review whether the company’s activities, AHU records, NIB and OSS licences are consistent before applying for revocation.
- PP 20/2026: Can PT PMA Companies Still Use the 0.5% Final Tax in Indonesia? — check the company’s applicable income-tax regime and outstanding tax obligations before requesting NPWP deletion.
Need Help Closing a PT PMA in Indonesia?
Closing a PT PMA requires coordinated action across AHU, OSS, tax, LKPM, employment and contractual matters. Missing one procedure can leave the company with continuing obligations even after business operations have stopped.
Business Consulting Bali can help assess the company’s current position, identify outstanding requirements and coordinate the closure process with the relevant notary, tax adviser and government systems.
Business Consulting Bali can help assess the company’s current position, identify outstanding requirements and coordinate the closure process with the relevant notary, tax adviser and government systems.
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