This research aims to understand and analyze Limited Liability Companies (PT) and their development in Indonesia. The study employs a normative research method, using secondary data collected through library research. Data is analyzed qualitatively using a statutory approach and a conceptual approach. The statutory approach requires understanding of legislation and regulations hierarchically, including their principles and content. Historically, the legal regulation of companies was first established in Articles 36 to 56 of the Commercial Code (KUHD), which has been in effect in Indonesia since 1848. This regulation proves that the form of a limited liability company has long been known in Indonesia. In the reform era, Law No. 40 of 2007 on Limited Liability Companies was enacted. A Limited Liability Company is a legal entity that is solely determined by its validation as a legal entity granted by the Ministry of Law and Human Rights. Since then, Limited Liability Companies have become legal subjects capable of bearing rights and obligations independently, being responsible for all consequences arising from legal actions. The research method is normative research, using secondary data through library research. The first regulation of PT was in Articles 36 to 56 of the Commercial Code, which has been in effect in Indonesia since 1848. These regulations also prove that the form of a limited liability company has long been known in Indonesia. In the reform era, Law No. 40 of 2007 on Limited Liability Companies was passed. A Limited Liability Company is a legal entity that is a joint stock company, established based on a contract, conducting business with a capital base entirely divided into shares, and meeting the conditions set by the law and its implementing regulations. Therefore, it is clear that every Limited Liability Company is a joint stock company that operates as a business entity. The legal status of a Limited Liability Company is solely determined by its validation as a legal entity granted by the Ministry of Law and Human Rights. Since then, Limited Liability Companies have become legal subjects capable of bearing rights and obligations independently, being responsible for all consequences arising from legal actions. The term "Limited Liability Company" (PT) is used today, but it was previously known as "Naamloze Vennootschap" (NV). This term has become standard in society and in various legal regulations, such as Law No. 40 of 2007 on Limited Liability Companies (UU PT) and Law No. 8 of 1995 on Capital Markets (UU PM). A Limited Liability Company consists of two words: "Perseroan" and "Terbatas." "Perseroan" refers to the capital of the PT, consisting of shares. "Terbatas" refers to the limited liability of the shareholders, meaning their responsibility is limited to the nominal value of the shares they own. The idea that the capital of a PT consists of shares can be seenThis research aims to understand and analyze Limited Liability Companies (PT) and their development in Indonesia. The study employs a normative research method, using secondary data collected through library research. Data is analyzed qualitatively using a statutory approach and a conceptual approach. The statutory approach requires understanding of legislation and regulations hierarchically, including their principles and content. Historically, the legal regulation of companies was first established in Articles 36 to 56 of the Commercial Code (KUHD), which has been in effect in Indonesia since 1848. This regulation proves that the form of a limited liability company has long been known in Indonesia. In the reform era, Law No. 40 of 2007 on Limited Liability Companies was enacted. A Limited Liability Company is a legal entity that is solely determined by its validation as a legal entity granted by the Ministry of Law and Human Rights. Since then, Limited Liability Companies have become legal subjects capable of bearing rights and obligations independently, being responsible for all consequences arising from legal actions. The research method is normative research, using secondary data through library research. The first regulation of PT was in Articles 36 to 56 of the Commercial Code, which has been in effect in Indonesia since 1848. These regulations also prove that the form of a limited liability company has long been known in Indonesia. In the reform era, Law No. 40 of 2007 on Limited Liability Companies was passed. A Limited Liability Company is a legal entity that is a joint stock company, established based on a contract, conducting business with a capital base entirely divided into shares, and meeting the conditions set by the law and its implementing regulations. Therefore, it is clear that every Limited Liability Company is a joint stock company that operates as a business entity. The legal status of a Limited Liability Company is solely determined by its validation as a legal entity granted by the Ministry of Law and Human Rights. Since then, Limited Liability Companies have become legal subjects capable of bearing rights and obligations independently, being responsible for all consequences arising from legal actions. The term "Limited Liability Company" (PT) is used today, but it was previously known as "Naamloze Vennootschap" (NV). This term has become standard in society and in various legal regulations, such as Law No. 40 of 2007 on Limited Liability Companies (UU PT) and Law No. 8 of 1995 on Capital Markets (UU PM). A Limited Liability Company consists of two words: "Perseroan" and "Terbatas." "Perseroan" refers to the capital of the PT, consisting of shares. "Terbatas" refers to the limited liability of the shareholders, meaning their responsibility is limited to the nominal value of the shares they own. The idea that the capital of a PT consists of shares can be seen