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Types Of Companies In Indonesia – 3ecpa

Types Of Companies In Indonesia u2013 3ecpa, While there are several types of business entities to set up in Indonesia, three options remain the most popular among foreign investors

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Types Of Companies In Indonesia – 3ecpa

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  1. Types Of Companies In Indonesia – 3ecpa, If you’re not ready to open full force, then Representative Office (“Rep Office”)is the answer. There are 2 types of Rep Office: 1.A Foreign Representative Office (“KPPA”) is your way of easing into the local market. This is a branch of the parent company. The main purpose of a representative office is for marketing activities and market research. You cannot engage in revenue generation or direct selling under this entity. No minimum capital is needed with this entity. To do the activity requires you to obtain the KPPA License. 2.Foreign Trade Company Representative Office (“KP3A”) is used to promote certain types of products and market research. Acts as the “selling agent” of the parent company. Must obtain the trading license (SIUP3A). Not allowed to carry out sales transactions. This includes settling claims, submitting tenders or signing contracts. b. Foundation / Yayasan A foundation is a legal entity consisting of assets separated and destined to achieve certain objectives in the social, religious and humanitarian fields which do not have members. c. Cooperative / Koperasi A business entity consisting of individuals or cooperative legal entities by basing their activities on the principle of cooperatives as well as a people’s economic movement based on the principle of kinship. Business type that were non-legal entity: a.Persekutuan Perdata / Civil Partnership An agreement whereby two or more people commit themselves to include something in a partnership with a view to sharing the profits that result from it; b.CV(Commanditaire Venootschnap / Limited Partnership) Consists of active pesero and pasif pesero. Active Pesero is responsible for personal property, whereas passive Pesero is only responsible for the amount of capital that has been deposited in the CV. c.Firma / General Partnership A company established to conduct business under one common name. Members have joint responsibilities towards the firm.

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