Company Liquidation in Indonesia
Submit a requestHow to Properly Close a Company in Indonesia
What you need to know
Closing a company in Indonesia requires going through the official liquidation procedure, which involves interaction with government bodies, the tax office, a notary and other authorities. Even if the business is no longer operating, the company continues to bear reporting obligations and must comply with legal requirements.
Mistakes or an unfinished liquidation can lead to fines, tax claims and future problems for the shareholders and directors.
Good Luck Group handles the company liquidation process turnkey — from document preparation to obtaining official confirmation of the business closure.
What the service includes
Initial company review
We review the company's current status, licences, tax reporting and any outstanding debts.
Document preparation
We prepare the document package to start the liquidation procedure and arrange notarisation of the required documents
Publication of the liquidation notice
We publish the mandatory notices in accordance with Indonesian law.
Tax closure
We handle reconciliation with the tax authorities and the closure of the company's tax obligations.
Closing licences and bank accounts
We help terminate permits, licences and corporate bank accounts.
Completion of the liquidation
We liaise with government bodies until the company is fully removed from the registry.
Obtaining the confirming documents
We hand over to the client the official documents confirming completion of the liquidation.
- Submit a request
Upon completion of the procedure you receive:
• an officially liquidated company;
• confirmation of removal from state registries;
• closed tax obligations;
• legal protection from potential claims related to the company's activities after liquidation.
Required documents:
01The company's constitutional documents (Deed of Establishment and all subsequent amendments)
- 02
The company's tax number (NPWP)
03Business identification number (NIB)
04Passports of the shareholders and director
05Up-to-date information on the shareholders and directors
06The company's financial statements
- 07
The company's tax reports
08Information on any outstanding debts
09The company's bank details
Frequently asked questions
The timeline depends on the company's legal form, the state of its tax reporting and its obligations. On average the procedure takes from a few months to a year.
Yes. In most cases the procedure can be carried out by power of attorney without the shareholders being personally present in Indonesia.
Yes. The corporate bank account must be closed before the liquidation procedure is completed.
Yes, but the debts must be settled before the liquidation process is completed.
The company will still be considered active and must keep filing reports. This can lead to fines and additional obligations.