Posts Tagged ‘company establishment’
THE DIFFERENCES BETWEEN DEED OF ESTABLISHMENT AND MEMORANDUM & ARTICLE OF ASSOCIATION
Every Company in Indonesia requires having Deed of Establishment (“DOE”) and Approval from Minister Law & Human Rights. DOE’s is made by the founders of Company in front of Public Notary which made in Bahasa Indonesia. In the process of DOE, Founder can be represented by other persons by giving a power of attorney. The…
Read MoreWho Can Be Shareholders, Commissioners And Directors In a PMA Company?
One of crucial things when setting up a Foreign Investment Company (the “PMA Company”) in Indonesia is deciding the shareholders, director and commissioners of the PMA Company. This steps can be very frustrating for the foreign investor especially if they do not know the prevailing laws in Indonesia regulating this matters. Principally, arrangement regarding shareholders,…
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