According to the latest changes laid out in Job Creation Law, the classification of Local PT in Indonesia based on paid-up capital as follows:
A micro-enterprise: less than IDR 1 billion
A small enterprise: IDR 1 – 5 billion
A medium enterprise: IDR 5-10 billion
A large enterprise: more than IDR 10 billion
PMA’s paid-up capital: A foreigner needs to show at least IDR 10 billion in their investment plan with a minimum paid-up capital of IDR 10 billion.