Posts Tagged ‘Company Law’

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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4 THINGS YOU NEED TO KNOW ABOUT THE GENERAL MEETING OF SHAREHOLDERS

4-THINGS-YOU-NEED-TO-KNOW-ABOUT-THE-GENERAL-MEETING-OF-SHAREHOLDERS

Aside from the Board of Directors and Board of Commissioners, another figure that is very important in the Indonesia Company Law is the General Meeting of Shareholders. Learn more about why they are important, and their special authority in running the Company. When talking about the people who are running a Limited Liability Company (Perseroan…

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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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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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