Category Archives: Limited Liability Companies as a Legal Entity

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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Limited Liability Companies as a Legal Entity which is Established Under the Agreement

Definition of Limited Liability Companies according Article 1 paragraph 1 of Law Number 40 of Year 2007 (“Company Law”), stated:   “Limited Liability Company” hereinafter called a (“Company”) means a legal entity which constitutes an alliance of capital established pursuant to a contract in order to carry on business activities with an authorized capital all…
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