What is the difference between PT and CV?

Frequently Asked Questions

What is a CV?

CV (Commanditaire Vennootschap) is a proprietary business entity that houses several individuals to run a business.

Is it safe to register a product under a local distributor?

Yes and no. It is vital to choose a reliable distributor as they will register the product under their company and become the product license holder and the import license holder. Changing the local distributor is easier if you are satisfied with the cooperation.

Should a foreigner deposit the minimum paid-up capital in a bank account to start a business in Indonesia?

It is advisable to make a minimum paid-up capital deposit after the company completes its establishment process. Another option is after the company receives the Articles of Association and Deed of Establishment.

How do investors choose a holding jurisdiction for a PMA firm in Indonesia?

Investors considering investments in Indonesia should assess existing International Investment Agreements between Indonesia and other countries. Having a business presence in countries with such agreements may offer incentives like stronger investment protection and higher foreign shareholding in Indonesia.