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Category Archives: Capital Structure

Increase of Capital

Background 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”), GMS may transfer authority to Board of Commissioners (“BOC”) for purposes of…
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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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