Choosing Name For Your Foreign Investment Company In Indonesia

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company-name-indosight

Choosing name for your soon-to-be-registered foreign owned company in Indonesia is a step not to be underestimated. In fact, it’s the first step of the whole incorporation process – to get your name accepted by the Ministry of Law & Human Rights.

If you are looking to change your company’s name, we have another article about company restructuring.

The whole process takes about 3-4 working days and marks the first step out of the general incorporation process that we have explained in our company registration page.

It is not rare that the name applications get refused. Therefore you need to be cautious to comply with all the rules or otherwise you will have to re-apply and this way extend the lengthy company registration process even more. In this post you will find the rules Indonesian government has set for corporate names.

1. Name can only consist of Latin letters

Yes, there are actually entrepreneurs who think it would be funky to use some Greek or Cyrillic etc. letters in their corporate name. We recommend you keep those ideas for your logo and keep the official name clean and only in Latin.

2. Name cannot sound similar to an already existing company

When you come up with a name for your company, make sure there isn’t already an existing company with the same name. This can be done in the website of Ministry of Law (only in Bahasa Indonesian, but just type the name in the search box).

Try also names that sound similar to your proposed name, because even if your name only sounds similar to existing company names, your application might be refused.

3. Name cannot be similar to a government institution or international organization

In case you are a global company who wants to open a local office in Indonesia, it’s of course fine. You will just need a letter from your headquarters to prove that you are a representative of the company. If that’s not the case, avoid using names that are global brands outside of Indonesia but not affiliated with you. International versions of the abbreviation PT (llc) fall also under the same category, for example PT MYCOMPANY GMBH would not be allowed because GMBH refers to an international name.

Also, avoid putting names that make your company sound as if you are offering a public service.

4. Name cannot consist series of words and numbers and must be easy to pronounce

Avoid using letter and number combinations that require spelling and that cannot be pronounced fluently by an average Indonesian official. In fact, we suggest you don’t use any numbers in your corporate name, because it will most probably not be accepted.

5. Name cannot be only your industry

It might be tempting to keep your company name clean and call it something like PT Logistics. This is not allowed and you need to have some additional word included, such as PT Great Logistics.

6. Preferably avoid using foreign language in your company name

Your company name is more likely to be approved if you use only Indonesian language in it. It is not a rule, but the Ministry officials will appreciate if they understand the meaning of the name and won’t have to suspect that it might mean something forbidden.

photo credit: Idiolector

Indosight

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Indosight provides legal and payroll services to companies entering and expanding in Indonesia. Get in touch with our consultants regarding our company registration, payroll, compliance or visa services.


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2 thoughts on “Choosing Name For Your Foreign Investment Company In Indonesia

  1. Jack

    You said in another article that the name of the company needs now to be with 3 words minimum like fr example “PT xxx yyy zzz”. Is it still true?

    Thank you for all your informations.

    • marlissa

      Hi Jack,

      Yes it is correct – Company name requires at least of 3 words.

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