Posts Tagged ‘PT’

AMENDMENT OF AUTHORIZED CAPITAL FOR LIMITED LIABILITY COMPANY IN INDONESIA

AMENDMENT-OF-AUTHORIZED-CAPITAL-FOR-LIMITED-LIABILITY-COMPANY-IN-INDONESIA

One of the most important thing to prepare when establishing a limited liability company (“PT”) in Indonesia is how much capital the shareholders need to pay up. In its efforts to ease entrepreneurs to start their business, the Indonesian Government enacted a Government Regulation which regulates further regarding the minimum authorized capital for PT. As…

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CAN INVESTORS ESTABLISH A SPECIAL PURPOSE VEHICLE (SPV) COMPANY IN INDONESIA?

CAN-INVESTORS-ESTABLISH-A-SPECIAL-PURPOSE-VEHICLE-SPV-COMPANY-IN-INDONESIA

The utilization of a Special Purpose Vehicle (SPV) Company to raise foreign investment funds is a common practice by investors worldwide. The question is, does Indonesia recognize a SPV Company? And how can investors establish a SPV Company in Indonesia? The worldwide exposé at the beginning of 2016 known as the “Panama Papers” reveals the popular…

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INCREASE OF PAID-UP CAPITAL FOR PMA COMPANY

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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

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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

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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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WHO CAN SIGN A CONTRACT ON BEHALF OF A COMPANY?

WHO-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.…

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