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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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Registration of Trademark

On December 30th 2016, Minister of Law and Human Rights Regulation No. 67 of 2016 on Trademarks Regulation (“MoLHR 67/2016”) was enacted by the Minister of Law and Human Rights. This is an implementation of Law No. 20 of 2016 of Trademarks and Geographical Indication (“Law 20/2016”) Application of Trademark Registration The application for trademarks…
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Validity of Trade Business License

Background To support the ease of business for entrepreneurs in trade, the Minister of Trade erases the obligation to renew the trade business license as regulated in the Regulation of Minister of Trade No. 07/M-DAG/PER/2/2017 on Third Amendment of Regulation of Minister of Trade No. 36/M-DAG/PER/9/2007 on Issuance of Trade Business License (“MOT Regulation No.…
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