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Difference between PT and CV

1. Form of the Company and its Legal Basis

Limited Liability Company (PT)


The form of a company that has a legal entity whose establishment must be in accordance
with the written regulations in Law No. 40 of 2007 concerning Limited Liability Companies.
The form of this company is the most widely used in Indonesia. Because it can be used for
businesses on a small, medium or large scale.
Commissioner Company (CV)
Not a legal entity because there are no specific rules governing it. In general, CVs are mostly
chosen for the activities of Small and Medium Enterprises (SMEs).
2. Establishment Provisions
Limited Liability Company (PT)
At least 2 (two) people are involved in its establishment. Both are Indonesian Citizens
(WNI). However, under the rules of Foreign Investment (PMA), Foreign Citizens (WNA) are
allowed as founders.
Commissioner Company (CV)
Does not allow foreigners to be founders. Just like PT, it takes at least 2 (two) Indonesian
citizens involved in the establishment of CV.
3. Use of Company Name
Limited Liability Company (PT)
Regarding the use of names specifically regulated in Article 16 of Law No. 40 of 2007,
namely:
• The name of the Company must be preceded by the phrase "Limited Liability Company" or
abbreviated as PT. Example: PT Xyz.
• The name of the Company may not be the same or similar to the name "PT" that already
exists and stands in the territory of the Republic of Indonesia as stipulated in Government
Regulation No. 26 of 1998.
Commissioner Company (CV)
There are no regulations specifically regulating this matter. This means that the name of the
Company may have similarities or similarities between one CV and another CV.
4. Company Capital
Limited Liability Company (PT)
Regarding the business capital used has been regulated in Law No. 40 of 2007 which states
that the company's authorized capital is determined as follows:
• Minimum authorized capital of Rp50,000,000, unless specified otherwise by laws or
regulations governing the conduct of such business activities in Indonesia.
• From the authorized capital, a minimum of 25% or IDR 12,500,000 must be placed and
deposited by the company's founders as the company's shareholders.
Commissioner Company (CV)
In establishing a CV, this is not regulated by special provisions. That is, no mention of the
amount of authorized capital that must be owned and deposited by the founder. This then
becomes the basis for the following points.
• There is no system of share ownership in CV.
• The amount of initial capital is also not specifically determined so that the deposit of capital
can be determined and recorded independently of the founder of the company. Regarding the
proof of the deposit of capital by Active and Passive Pesero, it can be arranged in a special
agreement agreed by all parties.
5. Purpose and Objectives and Business Activities
Limited Liability Company (PT)
Can do all business activities that are in accordance with the aims and objectives of its
establishment, such as;
• Non-facility PTs include trading, development (contractor), industrial, mining, land
transportation, agriculture, printing, workshop and service activities.
• Specialized business ventures covering a variety of business activities, such as Forwarding,
Press Companies, Film and Video Recording, Private Broadcast Radio, Tourism,
Commercial Air Freight, Loading and Unloading Companies, Sea Freight Expeditions,
Aircraft Cargo Expeditions and Shipping.
• As well as various other types of businesses.
Commissioner Company (CV)
In this case, CV has limitations and can only do a variety of business activities that are
limited to certain fields, such as Trade, Development (Contractor) to Gred 4, Industry,
Workshop, Agriculture, Printing, and Services.
6. Management
Limited Liability Company (PT)
Must have at least 2 (two) administrators acting as Directors and Commissioners. However,
specifically for public companies, it is required to have at least 2 (two) directors. If it turns
out that the Directors and Commissioners are more than one person, one of them can be
appointed as a President Commissioner or Managing Director.
In the PT, the management can also become a shareholder, unless this has been specifically
regulated from the start. Appointment and dismissal of PT management will be carried out
based on the General Meeting of Shareholders (GMS).
Commissioner Company (CV)
While the management in the CV will be carried out by at least 2 (two) people, namely
Active and Passive Pesero.
7. Establishment Process and Establishment Deed
Limited Liability Company (PT)
Its establishment requires a long time. Because this process must get approval from the
Indonesian Minister of Law and Human Rights and follow a variety of procedures that are
quite long. This also causes the amount of costs needed to be much greater.
Commissioner Company (CV)
Its establishment can run shorter. This does not require special approval and the costs
required will also be much cheaper.

Nama kelompok :
1. Louis Karungdeng
2. Lady Anggraeni
3. Feisy Runtu
4. Ganriella

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