Posts Tagged ‘Articles of Association’

HOW 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…

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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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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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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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HOW TO PROPERLY CHANGE THE COMPANY ADDRESS

HOW-TO-PROPERLY-CHANGE-THE-COMPANY-ADDRESS

Moving to a new office brings out a set of tasks to get done: moving all the office equipment and furniture, informing the clients of the new address, and setting up the new office for the employees. However, there is also an important matter to address when changing the company address: properly adjust all corporate…

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CHANGING THE DIRECTOR OF A COMPANY

CHANGING-THE-DIRECTOR-OF-A-COMPANY

Removal of an incumbent Director and appointment of a new Director in a Company must be notified to the Minister of Law and Human Rights. Learn more about this obligation and the impact if such changes are not notified. In a Company, Directors can resign in the middle of their term. Others are dismissed by…

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