UD (Personal Company)
 
UD is a company that the capital is from the owner who runs the business by his own. The debt of the company will be charge to the owner definitely.
   
  Advantages of UD :
    all benefits or profit belong to the owner
    easy to set up
    does not need corporate body
    cost of organization is low, because this is a simple organization
    the business activity also simple
    flexible management
   
  Disadvantage of UD :
    The capital is not so big
    Hard to differentiate between private asset and company asset
    The company hard to be growing
    All management capability depend to the owner
    The company lifetime does not predictable
    Owner’s responsibility is unlimited
       
  Terms and conditions to set up UD :
    Copy of ID (KTP)
    Copy of Family Member Card registration (KK)
    Photograph
    Copy of status of land or building certificate
    Copy of land certificate
    Copy of Land Tax (PBB)
    Copy of building permit
     

For more further information please contact us.
 
 

CV (Personal Company)  |  PT (Private Limited)  |  PT. PMA (Capital Foreign Investment)