In short: an Estonian private limited company (OÜ) and an Indonesian limited liability company (perseroan terbatas, PT) are both companies whose shareholders are not personally liable beyond their shares. They differ in who can found them, in the founding document, in the capital rules, in how a share changes hands and in how the company's profit is taxed. This page sets the facts of both side by side from the official texts; it does not say which is better for you.

The facts side by side

The company and its owners: Estonian OÜ: One founder with one share is a valid company (Commercial Code § 148(1)); a shareholder is not personally liable for the company's obligations (§ 135(2), (3)); Indonesian PT: Shareholders are not personally liable for the company's obligations and not for its losses beyond the shares they hold (Law 40 of 2007 on limited liability companies, art. 3(1)); a PT is founded by two or more persons, and if the shareholders fall below two, within six months a share must pass to another person or new shares be issued (art. 7(1), (5)); a PT that meets the criteria for micro and small businesses can be founded by one person (art. 7(7) and 153A(1)), whose shareholders are individuals (art. 153E(1))
Founding document: Estonian OÜ: At a notary in Tallinn or by power of attorney; online without a notary for a founder with an e-residency card or Estonian ID card; Indonesian PT: A notarial deed in Indonesian, in which each founder takes shares; the PT becomes a legal entity once it is registered with the Minister and has proof of registration (art. 7(1), (2), (4)); a one-person micro or small PT is founded by a statement of establishment in Indonesian, registered electronically (art. 153A(2) and 153B(2))
Capital: Estonian OÜ: Share capital in euros (Commercial Code § 136); the smallest share has a nominal value of one cent (§ 148(1)); Indonesian PT: A PT must have authorised capital, whose amount the founders decide (art. 32(1), (2)); at least 25 percent of it is issued and fully paid (art. 33(1))
Transfer of a share: Estonian OÜ: Notarised; the notary sends the notice to the register within two days (Commercial Code § 149); Indonesian PT: By a deed of transfer delivered to the company; the board of directors records it in the register of shareholders and notifies the Minister within 30 days of recording it (art. 56(1)–(3)); the articles may require the shares to be offered first to other shareholders, or the prior approval of a company organ or of the competent authority (art. 57(1))
Yearly filing: Estonian OÜ: Annual report within six months after the end of the financial year (Commercial Code § 179); Indonesian PT: Not covered by the official texts used here
How company profit is taxed: Estonian OÜ: Corporate income tax is paid when profit is distributed; no income tax is paid on profit while it stays in the company — see how Estonia taxes company profit; Indonesian PT: Domestic corporate taxpayers pay 22 percent from the 2022 tax year (Income Tax Law, art. 17(1)(b)), on income from Indonesia or from outside Indonesia (art. 4(1))
VAT number: Estonian OÜ: An Estonian VAT number is an EU VAT number that customers can check in VIES; Indonesian PT: Indonesia is not a member state of the European Union

This is general information, not tax advice: in Estonia the tax becomes due when profit is distributed, and LexorCorp Global does not provide tax advice. The rule and its official sources are in the guide How Estonia taxes company profit.

What each route requires

Estonia. Customer due diligence by the service provider, a registered address in the commercial register and, if the company's address is abroad, a contact person in Estonia (Commercial Register Act § 24). A ready-made company or a formation at a notary needs no e-residency.
Indonesia. Two or more founders and a notarial deed in Indonesian registered with the Minister (Law 40 of 2007, art. 7) — or one founder for a micro or small business (art. 153A) — and at least 25 percent of the authorised capital issued and paid (art. 33).

How an Estonian company is obtained

Choose the route: a ready-made company that already exists, a new company formed at a notary or by power of attorney, or online formation with an e-residency card.
Order online and pay by card; the order form shows the total before you pay.
Identification. As a provider licensed by the Estonian Financial Intelligence Unit (FIU000117) we identify every client first.
Signing at a notary in Tallinn, by a power of attorney signed in your country, or digitally on the online route.
Register entry and documents in PDF by email.

Documents

For an Estonian company you are asked for an identity document and proof of address of the board members and beneficial owners; on the remote route a power of attorney signed before a notary in your country, as a rule with an apostille.

Prices of the Estonian routes

ready-made company: €900 Registered address and contact person service for one year are included. in person, €1,200 remote; with a VAT number €1,150 and €1,450;
new company: €950 Registered address and contact person service for one year are included. in person, €1,250 remote;
online formation for an e-resident: €950 Registered address and contact person service for one year are included..

The Estonian notary fees and state fees, the registered address and the contact person for the first 12 months are included in these prices. We do not form Indonesian companies, and this page states no Indonesian registration fee.

Timeline

The Indonesian articles used here set no number of days for the registration, and for Estonia this page states none either: the time depends on the notary's appointment, on customer due diligence and on the register. A ready-made company already exists, so only the transfer has to be done.

Limits of this comparison

It compares formation, capital, share transfer, yearly filing and the company's own tax rate, not the tax result for you: where a company is taxed depends on where it is managed and where its owner lives. If you will run an Estonian company from Indonesia, see Estonian company run from Indonesia.
Opening a bank or payment account is decided by the bank or payment institution in both countries.
The Indonesian figures are those of the texts published by JDIH Kemenkeu, the legal documentation network of the Indonesian Ministry of Finance, on the day they were read (24 October 2026) — Law 40 of 2007 as amended by Law 6 of 2023 (article 109), and the Income Tax Law as amended by Law 7 of 2021 — and can change; the laws are in Indonesian and the English wording is ours.

Official sources

The laws this article names, by the name of their official text, as read on 9 October 2026. For the Estonian acts we read the English translation in Riigi Teataja; the legally binding text is the Estonian one.

Commercial Code — Riigi Teataja, English translation
Commercial Register Act — Riigi Teataja, English translation

Sources are named in the text, without links. To see which of our services your company needs, open the Business Navigator.

Estonian company (OÜ) or Indonesian PT: the official facts compared