Scholars International Journal of Law, Crime and Justice (SIJLCJ)
Volume-3 | Issue-12 | 463-467
Review Article
The Role of Notaries in the Registration of the Establishment of Commanditaire Vennootschap (CV) through the Business Entity Administration System
Henry Aspan
Published : Dec. 29, 2020
Abstract
Commanditaire Vennootschap (CV) is a non-legal entity such as a Limited Liability Company. However, the existence of a business entity does not reduce its rights, and obligations as a company recognized by the government, and business community in particular. CV is established based on the deed of the establishment made before a Notary and registered with the Minister through the Business Entity Administration System. With the provisions that the business activities of the CV must be following the 2017 Indonesian Standard Business Classification. The authority of the Notary is given by Law to make absolute evidentiary devices or tools, and therefore the authentic deed is in essence considered correct.