EXAMINATION OF SHIP ACCIDENTS

On the 26th of February 2019, the Government of Republic of Indonesia enacted the Government Regulation No. 9 of 2019 on Examination of Ship Accidents. This regulation revokes the Government Regulation No. 1 of 1998 on Examination of Ship Accidents as last amended by the Government Regulation No. 8 of 2004.

THE REGISTRATION OF CV, FIRM, AND CIVIL PARTNERSHIP

On 1 August 2018, the Government of Republic of Indonesia enacted the Minister of Law and Human Rights Regulation No. 17 of 2018 on Registration of Limited Partnership, Firm, and Civil Partnership.

Deed of Establishment of a Company

In establishing a Limited Liability Company (the “Company”), the Company shall have deed of establishment to obtain the status of legal entity from the Minister of Law and Human Rights (“Minister”).

COMPANY LAW POST JOB CREATION LAW

After the promulgation of Law No. 11 of 2020 on Job Creation ("Job Creation Law"), there are several laws that have been amended. One of them is Law No. 40 of 2007 on Limited Liability Company ("Company Law"). The following is the changes on the Company Law:

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  • Trade Through Electronic System
    Trade Through Electronic System

    Introduction The government of the Republic of Indonesia has ratified a Government Regulation Number 80 of 2019 on Trade Through Electronic System (“GR No. 80/2019”). GR No. 80/2019 is issued as an implementation for Law Number 7 Year 2014 on Trade (“Trade Law”) with an objective to improve the protection...

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  • Prohibited Export Goods
    Prohibited Export Goods

    Background On 11 June 2019, the Government of the Republic of Indonesia has issued a Regulation of Minister of Trade, Number 45 of 2019 on the Prohibited Export Goods (“MoT Regulation”). This regulation is issued as implementing regulationof Article 51 paragraph (3) of Law Number 7 of 2014 on Trade...

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Capital Structure

Capital Structure of Limited Liability Company

In the limited liability company (“Company”), capital is the primary factor which allows the Company to conduct their business activities. The Law number 40 of 2007 on Limited Liability Companies (“Company Law”) has set out the provision on the company capital. Read more...

Increase of Capital

A Limited Liability Companies (“Company”) may gain their capital by increasing its capital, the process is performed based on General Meeting Shareholder’s (“GMS”) Resolution. According to Article 41 paragraph (2) of Law Number 40 of 2007 on Limited Liability Companies (“Company Law”).. Read more...

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