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Classification of Shares in a Limited Liability Company

The regulation that governs the Limited Liability Company is in the Law of the Republic of Indonesia Number 40 of 2007 concerning Limited Liability Company (“Company Law”). According to Article 1 number 1 Company Law, a Limited Liability Company, hereinafter referred to as Company, means a legal entity which constitutes an alliance of capital established…
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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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