Corporate Matters
Knowing This Before Established Your PMA Company
Building a new company or business in every kind of chance is probably not an easy job to do. We usually taking news or having heard an issue like that. But, it does not have to be like this, especially if we track it into further. Firstly, we need to clear and know for sure…
Read MoreFINTECH INDUSTRY IN INDONESIA: WHAT YOU NEED TO KNOW
Technological advances require life in the present to be faster and more practical. Various applications are created as technologies that replace various human activities. Several years, financial technology (fintech) application has developed very rapidly. Fintech puts technology as the foundation of business in finance. But most of thepeoplesdo not pay attention to the history of its development. We can learn from…
Read MoreHOW TO KNOW WHO IS THE CONTROLLING SHAREHOLDER OF A COMPANY?
“Business community often associated a Controlling Shareholders as someone who owns more than 50% of shares in the Company. However, this assumption is not uncontested because there are many other factors that can make someone become a Controlling Shareholder such as specific regulation that regulates the lower amount of shares or the provision of the…
Read MoreHOW MUCH IS THE MINIMUM CAPITAL INVESTMENT IN A FOREIGN INVESTMENT COMPANY?
To establish a Foreign Investment Company, there is a requirement of minimum investment value as explained in the Indonesia Investment Coordinating Board (BKPM) Regulation. Read more to learn about the minimum investment value of a Foreign Investment Company in Indonesia. An establishment of a Limited Liability Company (“PT”) in Indonesia is conducted through capital injection…
Read MoreVALIDITY OF MARRIED COUPLE SHARES IN A COMPANY
In this globalization era, economic is growing rapidly. Many people are interested to start a business by setting up a company in a form of Limited Liability Company (Perseroan Terbatas/PT). PT is one of legal business entities that own its own assets in accordance with the capital injected into the company to be converted into…
Read MoreIMPORTANT! LANGUAGE REQUIREMENT IN CONSTRUCTION WORK CONTRACT WITH FOREIGN PARTIES
To address the challenges of the expanding Indonesian market in construction services as well as its dynamic development, the Indonesian Government has issued Law No. 2 Year 2017 on Construction Services ("UUJK 2017") on 12th January 2017. CONSTRUCTION SERVICES PROVIDED BY FOREIGN PARTIES One of the new provisions set in UUJK 2017 is the development…
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