How to Check a Sole Proprietorship PT in Indonesia
A Guide to Verifying a Sole Proprietorship PT
Understanding Sole Proprietorship PT and Its Connections
A Sole Proprietorship PT is a type of business entity in Indonesia designed for micro and small enterprises. As per the Ministry of Law and Human Rights Regulation No. 21 of 2021, this type of PT can be established by a single individual without the need for a notary deed. Key identifiers for these businesses include:
NIB (Business Identification Number): The primary ID for business operations.
NPWP (Tax Identification Number): Essential for tax compliance.
CEISA (Customs-Excise Information System and Automation): Important for businesses engaged in export-import activities, facilitating streamlined customs processes.
Benefits of Export-Import Transactions with a Registered Sole Proprietorship PT
Engaging in export-import transactions with a registered Sole Proprietorship PT offers several advantages:
Legal Assurance: The company is officially recognized, ensuring compliance with Indonesian laws and reducing the risk of fraudulent activities.
Efficiency: Registered companies can navigate customs and regulatory processes more smoothly with their NIB and NPWP.
Streamlined Operations: Integration with CEISA allows for quicker and more efficient handling of export-import transactions, minimizing bureaucratic delays and promoting trust in business dealings.
Steps to Check if a Company is Legally Registered in Indonesia
To verify the legal registration of a Sole Proprietorship PT, follow these steps:
Visit the INSW Website: Go to INSW, the Indonesian National Single Window portal.
Enter NPWP and NIB: Input the company’s Tax Identification Number (NPWP) and Business Identification Number (NIB). These details can be obtained from the company, as they are confidential.
Verify the Information: If the company is legally registered, the system will display relevant details. For example, it will confirm whether the NIB has been accepted by CEISA, indicating compliance with customs and excise regulations.
By following these steps, you can ensure that you are dealing with a legally recognized and trustworthy business entity, which is crucial for safe and reliable business transactions.