Business combination is that the unification of two or even more separate companies into one economic entity because one company merges with another company or obtains control during the property and operations of another. Consistent with IFRS 3, a business combination occurs each time a company is formed as one reporting entity of a number of from the companies it acquires. Basically, a business combination is really a net purchase of property, including goodwill from another entity. Although not like a purchase of another company's equity or otherwise a parent-child relationship.
Driven by definition from the incorporation of the business entity under IFRS 3 above, it might be explained that each one business combinations ought to be recorded by using the purchase method. And The Pooling method is not used.
The mixture of firms is performed due to the various objectives to become achieved, including to get wider marketing areas, higher sales volumes, stronger organizations, better production and management, cost savings through economical and efficient operations, Better control of markets and competitive positioning, product diversification, and greater capital pooling capabilities.
Establishing a company in Indonesia may be a complex process, most especially when you’re new for this country, the culture, the language and also the laws. With AJ Consultants, establishing a company is straightforward, simple and cost-effective. We conduct the legwork and eliminate the hassle from navigating with the legal and procedural maze. We provide both Local and Foreign company incorporation.
LOCAL COMPANY (PT. LOCAL ) INCORPORATION PACKAGE
PT. Local is really a limited liability company which requires minimum 2 Indonesian shareholders. The fundamental price of this package is +/- IDR 21. 500. 000 and it also involves handling of following documents :
Cek Nama (Company Name Check )
Akta Pendirian Perusahaan (Article of Association )
SIUP (Business License )
Surat Domisili (Domicile Certificate )
NPWP (Tax Number Registration for Company and Director )
SK Menteri (Deed of Establishment )
TDP (Business Registration Certificate )
CV (COMMANDITAIRE VENNOOTSCHAP ) FORMATION PACKAGE
CV (Commanditaire Vennootschap ) could be owned by Indonesian citizen only. CV is definitely an alternative for entrepreneurs who wish to do business with limited capital. The fundamental price of this package is +/- IDR 12. 500. 000 and it also involves handling of following documents :
Akta Pendirian Perusahaan (Article of Association )
SIUP (Business License )
Surat Domisili (Domicile Certificate )
NPWP (Tax Number Registration for Company and Director )
SK Menteri (Deed of Establishment )
TDP (Business Registration Certificate )
If you need to Incorporate your company, there is Twenty-four hours a day to contact us at http://www.amethystsuites.com/services/company-establishment and obtain a free quotation for Indonesian Company Set Up and Legal services in Indonesia.
