The difference between the PT with CV

The difference between the PT with CV


Businesses small, medium, and large has an important role in encouraging the economic growth rate of a country. In Indonesia, the number of businessmen more and more over the years both incorporated the law or not. Of the businesses that have incorporated the law, largely dominated by the form of a limited liability company (PT) and Commanditaire Vennootschaap (CV) or known by the term of the company Komanditer, although some are shaped, Firm Trade Business (UD), and more.

What is PT and CV? PT is a form of official legal entity owned by a minimum of two people with a capital consisting of shares or securities, asset liability wherein wealth is limited in the scope of the company, does not include asset wealth personal.

While the CV is a fellowship founded by one or more people with a system of partnerships, of which there are acting as active partners and some are acting as passive partners (komanditer) who are fully responsible for all something is happening in the business. Actually a CV is not a legal entity because until now there has been no statutory devices that set them up.

Why form a legal entity PT and CV seems to be a prima donna among its industry peers? In principle an effort certainly has vision and mission can survive and thrive in the long term. The growing business of course accompanied by an enticing profit income.

Well, the importance of business law-body in order to be legally protected from all kinds of interference. In addition, the law also incorporated businesses will be more credible, so the potential to establish cooperation with a lot of parties in relation to business expansion.

Thus, where better, PT or CV? There is really no better or worse between the two, since the founding of the company depending on the type, scale, and purpose of the venture which will group. If you have trouble and doubt in choosing one of the two, it would be better if you first tell the difference.

1. the legal basis for the establishment of the company


As a legal entity, the establishment of PT have basic or obvious legal umbrella, namely Act No. 40 Year 2007 Regarding Limited Company. So, anyone who intends to establish PT should be qualified and comply with the provisions as set forth in the Act.

In contrast to PT, CV is not as a legal entity so that its establishment is not bound and based on legal principles that apply. This type of Alliance is generally chosen for those who have a business within the scope and scale of the SMEC (Micro small medium).

2. The form of the company


The existence of a legal basis which was used as a Foundation, PT is a business organization that vague and legally legitimate. The upside, of course the company will be protected by law. In addition, the PT is also seen to have high credibility so that the opportunity to establish cooperation with other parties associated with the development of the company.

Behind the advantages, there are also drawbacks, companies must manage in a transparent and creates a report of all activities conducted. Not only that, the company PT. also does not have the freedom to be creative, because its operation should refer to the rules that have been defined.

Another case with a CV that does not have a formal legal entity, however this does not mean that the Alliance is not valid. It's just that, if there is a problem in the company, then there is no government involvement to help the settlement of the issue, but it is entirely the responsibility of the Executive Board of the company. Nevertheless, the company shaped CV have the freedom to innovate because there are no rules that limit his movements.

3. the magnitude of the company's Capital


Talk about capital, there are significant differences between PT with minimum amount Provision CV capital at PT must comply with the basic law, i.e. Rp 50 million,-(fifty million rupiah). Such minimum capital must be deposited to the founder of the company by 25% as a sign of ownership stake in the company.

Because there are no basic law, then the magnitude of the minimum capital and paid-in capital on a CV no judgments. The remittance of capital recorded individually by the founder of the company. As evidence of the ownership of the company, the founders of either active or passive make an agreement mutually agreed.

4. The terms of the founder of the company


Who can set up PT and CV? In judgments, PT. established by a minimum of 2 persons CITIZENS (citizens of Indonesia). However, the law allows foreigners to act as investors who infuse capital in the company.

While the CV is pure indigenous companies, because there should be no involvement of foreigners in its founding. This becomes its own added value due to the form of the company was potentially to develop people's economy by opening up jobs for natives.

5. The provisions of company name


The company name is important as identities in order to make known to the public at large. Naming affair between PT with CV any different. Company name PT. law protected, so there should not be the same company name. Company names beginning with PT, e.g. PT Anugerah Makmur.

Despite the company's name also begins with the shape CV CV CV Prosperous, for example, but the naming rights of the company are not covered by law. This means that company a CV may have the same name. The similarity of the name the company has its own risks, such shipping errors or important documents. In addition, if one company is having problems, it could be an impact on the drop in consumer confidence levels on performance of other companies that happen to be named the same.

6. Types of business activities


In terms of the types of activities of his efforts, the PT has wider coverage than with a CV in the regulations, the types of business activities that can be undertaken by PT, among others:
  • Non-standard facilities include trade, construction, mining, industry, agriculture, printing, workshop, and haulage
  • The Facilities Of The PMA (Foreign Investment)
  • Facilities PMDN (Investing In)
  • Persero SOES, this type of activity is specifically for companies controlled by the Government
  • Non banking financial institutions
  • Special business activities such as media (the press), tourism, film, radio, expedition ships, cruise, and more.
Most of the variety of business activities have been regulated by legislation, this resulted in the company's space is shaped narrower CV. Simply put, CV do business activities that are not regulated in the legislation. Therefore, the types of business activities that can be done is limited, such as trade, printing, agriculture, plantations, workshop, and services.

From the difference between the PT with the CV, which is more in line with the business will you run?

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