What are the types of companies in Indonesia?
There are many different types of companies in Indonesia. The most common among these are:
1. Limited Partnership (CV): It is a type of company established by at least two partners and in which at least one partner has limited liability.
2. Limited Liability Company (PT): It is a type of company established by at least two partners and the liability of the partners is limited to the shareholders.
3. Joint Stock Company (PT): It is a type of company that can be public or closed and is represented by shares. It must have at least 3 founding partners.
4. Cooperative: It is a type of non-profit company established to meet the common needs of the partners. It has a structure where members have equal rights.
5. Foreign Company Branch: It is a structure established when a foreign company opens a branch in Indonesia. The branch carries out the activities of the parent company and bears the responsibility of the parent company.
6. Business Partnership: It is a type of company established when two or more people or companies come together to do a common business. Privileges and responsibilities are shared between partners. Each of these company types can have different advantages and disadvantages and may require certain regulations and legal requirements for incorporation.
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