Category Archives: Articles


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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Procedures of Legalization of Association’s Legal Entity

Association is a legal entity that consists of group of people that is established to achieve the equality of purpose and objective in social, religion, and humanity field as well as not distributing any profits for its member (“Association”). To do some legal activities, association has to obtain legalization from the Minister of Law and…
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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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