Posts Tagged ‘PT’
ENVIRONMENTAL MANAGEMENT SYSTEM (EMS) OBLIGATION APPLICABLE FOR COMPANIES IN INDONESIA
To protect the Indonesian environment from pollution and damage, all companies have the obligation to apply Environmental Management System in its business activities. Learn more about what the Environmental Management System is and how to apply it in your company. To protect the Indonesian environment from pollution and damage, every company must apply the EMS…
Read More4 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…
Read MoreEXPANSION 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…
Read MoreEXPANSION 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…
Read MoreWHO CAN SIGN A CONTRACT ON BEHALF OF A COMPANY?
In business, executing deals and finalizing transactions is conducted by signing a contract. Aside from ensuring the contents of the contract is in line with the prevailing laws and regulations, it is also important to know which person can sign a contract on behalf of a company, so that the contract can be legally executed.…
Read MoreTHE COMPARISON BETWEEN FOREIGN DIRECT INVESTMENT AND REPRESENTATIVE OFFICE IN INDONESIA
Indonesian Government gives facilities to Foreign Investor who wants invest in Indonesia. Foreign Investor can establish the Foreign Direct Company (“PT PMA”) or Representative Office (in Bahasa: Kantor Perwakilan Perusahaan Asing, hereinafter briefly referred to as “Rep. Office”). Investment Coordinating Board (“BKPM”) governed the law of procedure for establishing both legal entity as mentioned above,…
Read More