Category Archives: For Home Page

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…
Read more

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…
Read more

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…
Read more

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…
Read more

Classification of Shares in a Limited Liability Company

Based on the provision above, it can be stated that shares are an indivisible unit of capital, expressing the contractual relationship between the Company and the shareholder. According to Article 7 paragraph (2) Company Law, each founder of a Company must subscribe shares at the time the company is established. Clasification of Shares and The Rights  Attached to It.…
Read more