Recent Posts by indonesiacompanylaw

Examination of Ship Accidents

Background On the 26 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. Mechanism of Ship Accident…
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Registration of CV, Firm, and Civil Partnership

Background 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. Registration of Deed of Establishment of CV, Firm, and Civil Partnership In registering the establishment of limited partnership (“CV”), firm and/or civil…
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EQUITY CROWDFUNDING

On 31 December 2018, the Financial Services Authority (“OJK”) issued OJK Regulation No. 37/ POJK.04/2018 on Equity Crowdfunding Services through an  Information Technology (Equity Crowdfunding) (“POJK 37/2018“). With an Equity Qrowdfunding services through an Information Technology (“Equity Crowdfunding”), early stage company is expected to contribute to the national economy by obtaining alternative funding based on…
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Guidelines and Procedures for Licensing and Investment Facilities

Background Indonesia Investment Coordinating Board (“BKPM”) issued a new regulation namely the Investment Coordinating Board Regulation No. 13 of 2017 on Guidelines and Procedures for Licensing and Investment Facilities ("PERBKPM"), which entered into force on 2 January 2018. This Regulation aims to accelerate the implementation of the business as stipulated in Presidential Regulation no. 91…
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Dividend Distribution Under the Company Law

The distribution of dividends in a Limited Liability Company ("Company") is regulated under Law Number 40 Year 2007 Concerning Limited Liability Company ("Company Law"). According to Company Law, all net profits after the deduction to be set aside as reserves shall be allocated to the shareholders as dividends unless determined otherwise in the General Meeting…
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