Can a foreigner form a CV?

Frequently Asked Questions

Will the government check the minimum paid-up capital for doing business in Indonesia?

The government will check the minimum paid-up capital, IDR 10,000,000,000. Fulfilling this requirement is a must.

Does a PMA company in Indonesia have to meet certain criteria before it can distribute dividends?

Dividends can be distributed from company net profits after allocating reserves, depending on a positive profit balance. Approval from the general meeting of shareholders is necessary. Interim dividends may be distributed if specific requirements are met.

What is a CV?

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

What are the shareholder rights in a PMA company?

Shareholders of a PMA Company in Indonesia have various rights, including voting rights in general meetings, entitlement to dividends and liquidation proceeds, and access to information.
They must approve significant matters through general meetings of shareholders with specified quorums, such as:

• Amending articles of association
• Changing share capital
• Appointing or dismissing directors and commissioners
• Approving major transactions, dividends, and financial statements
• Company reorganization