Setting up a business entity is one of the first steps to building a successful and growing business. In starting a business, what must be prepared first? Many people will certainly answer that the first thing that must be owned is capital. The size of the capital will depend on the type of business you are going to start. However, before starting an actual business activity, there is one more thing that must be carefully considered: establishing a business entity. Setting up a company with legal status does require a fairly mature capital and process. This is why there are still many businesses in Indonesia that postpone the legality and completeness of their company documents. There are many reasons behind this decision. from lack of capital to avoiding taxes that are thought to reduce profits.

Benefits of Establishing a Legal Business Entity
In fact, there are many advantages that an entrepreneur will get by establishing a legal business entity. In addition to being safe for the company’s business activities, these advantages can also bring great economic benefits. Here are some of the benefits:
Get Legal Protection
A company without a legal basis can be sued or terminated at any time. By establishing a business entity in the form of a Limited Liability Company (PT), your company has been approved, recognized, and listed on the company list of the Ministry of Law and Human Rights . This means, your company name will not be used by other companies. Meanwhile, in CV, … Read More