Forms of Business Entities In Indonesia

Forms of Business Entities In Indonesia

1. Sole Proprietorships, Company owned by one person only, the owner solely responsible for the profit and loss risk
2. Firma (fa), Company owned by two person or more, eachs owner solely responsible for the profit and loss risk together,but they cannot take money back easily from Firma.
3. CV, Cooperation between a group of people who run a business with capital owners
4. Limited Liability Companies (PT), company consisting of shareholders, the shareholders are only responsible for the amount of capital which he deposited, responsibility for all the company's activities is borne by the professionals who are responsible to shareholders.
5. State Limited Liability Companies (Perseroan Terbatas),  State company obtained additional capital by selling shares to other government institutions or to private companies.
   
6. Regional Company (Perusahaan Daerah), Local goverment company obtained additional capital by selling shares to other government institutions or to private companies
7. General State Company (Perum), Profit  oriented state company and public service concern
8.  State Enterprice Bureau, Non profit state company that only oriented to public service
9. Cooperatif(Koperasi), A group of people that have the same goals and establish cooperation
10. Foundation(Yayasan), The foundation is a legal entity that has the sole purpose of social nature, religion and humanity, which has no members and is established by taking into account the formal requirements specified in the legislation

Before you run the bisnis better to read this article first and gain all the knoladge needed. thanks

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