Recent Posts by indonesiacompanylaw

Shareholder Register and Special Register

In Indonesia, regulations concerning Limited Liability Companies are stipulated under the Law Number 40 of 2007 on Limited Liability Companies (“Company Law”), which replacing Law Number 1 of 1995 Concerning Limited Liability Companies. Inside Company law, there are regulations of register of shareholder. According to Article 50 paragraph (1), Companies’ Board of Directors shall make…
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Deed of Establishment of a Company

  Background 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”). Overview of Deed of Establishment According to article 7 of Law Number 40 of 2007 on Limited Liability Company (“Company Law”), the…
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Capital Structure of Limited Liability Company

Background 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. Company Law stipulates that the capital in the company can have 3 (three)…
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Establishment of a Limited Liability Company

Background Practically, in Indonesia, Limited Liability Company is the most common form of business entities. Therefore, it is necessary to arrange laws and regulations concerning the Limited Liability Company as set out in Law Number 1 of 1995 on Limited Liability Company (“Law 1/1995”), which has been replaced in 2007 because it was no longer…
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Articles of Association of a Company

Background Based on Article 8 paragraph (1) of Law Number 40 of 2007 on Limited Liability Company (“Company Law”), it is stated that a deed of establishment must contain the articles of association (“AoA”) and other information in relation to the establishment of the Company. AoA is the document that contains the internal regulations and…
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