Doing Business In Indonesia(Company Formation)

EXPANSION OF BUSINESS IN A PMA COMPANY: MORE INVESTMENT NEEDED?

EXPANSION-OF-BUSINESS-IN-A-PMA-COMPANY-MORE-INVESTMENT-NEEDED

When planning to expand a PMA Company, one of the most important things is to determine whether such expansion is classified as a diversification of business, or as an expansion of business which must be followed by an expansion of investment. Since the minimum investment for PMA Company must be above IDR 10 billion, it…

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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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THE INSPECTION MECHANISM OF THE PARENT COMPANY TO ITS SUBSIDIARY

THE-INSPECTION-MECHANISM-OF-THE-PARENT-COMPANY-TO-ITS-SUBSIDIARY

A Parent Company may not casually conduct an inspection to its Subsidiary.  Such inspection to a company has its own mechanism under the Limited Liability Company Law year 2007, in which Article 138 Paragraph 1 of the Law Number 40 of 2007 (hereinafter shall be referred to as the “Company Law 2007”) regulates an inspection…

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CHANGE OF STATUS OF DOMESTIC INVESTMENT COMPANY (PENANAMAN MODAL DALAM NEGERI/PMDN) INTO FOREIGN DIRECT INVESTMENT COMPANY (PENANAMAN MODAL ASING/PMA) IN SALES AND PURCHASE OF SHARES

CHANGE-OF-STATUS-OF-DOMESTIC-INVESTMENT-COMPANY-PENANAMAN-MODAL-DALAM-NEGERI-PMDN-INTO-FOREIGN-DIRECT-INVESTMENT-COMPANY-PENANAMAN-MODAL-ASING-PMA-IN-SALES-AND-PURCHASE-OF-SHARES

A transaction of transfer of shares by sales and purchase of shares between a Foreign Nationals and/or foreign legal entity with a limited liability company where all of its shares were owned by Indonesian Citizens or it is bearing a status of Domestic Investment Company (PMDN), will raise a question whether such sales and purchase…

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