Posts Tagged ‘Board of Directors’
THE ROLES OF DIRECTOR AND COMMISIONER OF A LIMITED LIABILITY COMPANY (PT)
Becoming a Director or a Commissioner of a Limited Liability Company comes with a specific set of duties and responsibilities as stipulated by Indonesian Company Law. Learn more about what it all entails in our article. Pursuant to Law No. 40 of 2007 concerning Limited Liability Company (“Company Law”), a Company have 3 (three) company…
Read MoreLEGAL STATUS OF A DIRECTOR IN INDONESIA
The position of a Director in a Company comes with the authority and responsibility to manage and lawfully represent the Company. Most of the time, people consider the Director as an employee, especially in regards to benefits and salaries payable to the Director. So, what is the legal status of the Director? Rights and duties…
Read MoreCAN AN EXPATRIATE ACT AS THE DIRECTOR IN A PMA COMPANY?
Can expatriates be appointed as a Director in a PMA Company? Learn more regarding the eligibility of the Director position and the applicable limitations for foreign expatriates. “A Foreigner can be a Director of Foreign Direct Investment Company as long as he is not the Director in charge of Human Resources.” FOREIGN DIRECTORSHIP IN PMA…
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