Business License

OBLIGATION TO MAINTAIN CORPORATE CERTIFICATE (SBU/SERTIFIKAT BADAN USAHA) FOR FOREIGN CONSTRUCTION SERVICE BUSINESS ENTITY (BUJKA)

OBLIGATION-TO-MAINTAIN-CORPORATE-CERTIFICATE-(SBU-SERTIFIKAT-BADAN-USAHA)-FOR-FOREIGN-CONSTRUCTION-SERVICE-BUSINESS-ENTITY-(BUJKA)

Indonesia is the largest construction market in ASEAN, which makes it interesting for the foreign construction service business player to enter Indonesian market.  The construction sector has become one of the government’s priorities to enhance the domestic economic growth.  This matter is in line with the Masterplan for Acceleration and Expansion of Indonesia’s Economic Development…

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TYPES OF DOCUMENTS TO BE PREPARED IN ESTABLISHING COMPANY IN INDONESIA

TYPES-OF-DOCUMENTS-TO-BE-PREPARED-IN-ESTABLISHING-COMPANY-IN-INDONESIA

Probably, these are common queries from an entrepreneur who will start a new business: What are the required documents to register the Company? What are mandatory documents needed to be fulfilled? What documents should be obtained in regards to establish a company? Before we describe what the documents needed, hereby we inform you the following…

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BEFORE IMPORTING COSMETICS, UNDERSTAND THE LEGALITY FIRST (LICENSING)

BEFORE-IMPORTING-COSMETICS,-UNDERSTAND-THE-LEGALITY-FIRST-LICENSING

“Cosmetics are substances or preparations intended for external use on the human body (epidermis, hair, nails, lips and external genital organs) or teeth and oral mucosa, primarily to cleanse, perfume, enhance the appearance and/or alter body odor or protect or keep the body in good condition.”. Pursuant to the Minister of Health Regulation Number 1176/MENKES/PER/VIII/2010…

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NEW REGULATION REGARDING THE COMPANY REGISTRATION CERTIFICATE (TANDA DAFTAR PERUSAHAAN OR “TDP”)

NEW-REGULATION-REGARDING-THE-COMPANY-REGISTRATION-CERTIFICATE-TANDA-DAFTAR-PERUSAHAAN--OR-TDP

TDP or Tanda Daftar Perusahaan(Company Registration Certificate) is a mandatory legal document signifying the official registration of a Company (PT) that has been established in Indonesia. Learn more regarding the obligation to register your PT The obligation for limited liability companies established in Indonesia (Perseroan Terbatas or “PT”) to obtain the Company Registration Certificate (Tanda…

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INCREASE OF PAID-UP CAPITAL FOR PMA COMPANY

INCREASE-OF-PAID-UP-CAPITAL-FOR-PMA-COMPANY

With the growth of the business, and the financial requirement of the Company, General Meeting of Shareholders (“GMS”) can decide to increase the paid-up capital of a Company, to increase the equity and value of the Company itself. The process to increase the paid-up capital includes several steps, especially if the Company is a foreign…

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