My Wife has been wanting to open a small business in Batam. We have asked around and found out that LOCALS ONLY can open either a CV or at PT Company in Batam very easily.

CV Company Set Up Cost is between 4 & 6 million ready in 2 weeks
PT Company Set up is between 9 & 10 million ready in 1 month

This can be done by any local Notary. But be warned some of the local notaries will try to take you for as much as they can get. Also if you become indebted your personnal property can be seized under a CV Agreement (House, Car, Bank Accounts etc....)
My Wife has been wanting to open a small business in Batam. We have asked around and found out that LOCALS ONLY can open either a CV or at PT Company in Batam very easily.<br /> <br /> CV Company Set Up Cost is between 4 &amp; 6 million ready in 2 weeks<br /> PT Company Set up is between 9 &amp; 10 million ready in 1 month<br /> <br /> This can be done by any local Notary. But be warned some of the local notaries will try to take you for as much as they can get. Also if you become indebted your personnal property can be seized under a CV Agreement (House, Car, Bank Accounts etc....)
Max Dean

"Life is like a boat, Without water it serves no purpose"
CVs are not actually companies, but registered partnerships. they are not legal entities as such, and the partners have unlimited liability should something go wrong. but for a small business like a corner shop, or for a small building contractor, it's quite sufficient.
CVs are not actually companies, but registered partnerships. they are not legal entities as such, and the partners have unlimited liability should something go wrong. but for a small business like a corner shop, or for a small building contractor, it's quite sufficient.<br />
KuKuKaChu: dangerously too sophisticated
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