Tag Archives: Regulation

Indonesia Law – The Latest Government Regulation on the Authorized Capital Amendment of Limited Liability Company

Background On 14 July 2016, Government has issued the Government Regulation No. 29 of 2016 on Authorized Capital of Limited Liability Company Amendment (“PP 29/2016”). PP 29/2016 revokes Government Regulation No. 7 of 2016 which previously also regulated the amendment of authorized capital of limited liability company. PP 29/2016 was issued with the purpose to provide…
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The Provision on the Use of Letter of Credit For the Export of Specified goods (Regulation of the Director General of International Trade Number 1 Year 2015)

Background On March 30, 2015, Director General of International Trade has promulgated a Regulation of the Director General of International Trade Number 01/DAGLU/PER/3/2015, (“RDG Inter-Trade 1/2015”). RDG Inter-Trade 1/2015 intended to give instructions implementing the method of payment for the export of specified goods by using Letter of Credit.   Export of Specified goods Export…
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The Implementation of Management Guidelines of the Public Company (Regulation of the Financial Services Authority Number 21 Year 2015)

Background Board of Commissioner of Financial Services Authority has stipulated a Regulation of the Financial Services Authority Number 21/POJK.04/2015, which come into force since 17 November  2015 (“RFSA 21/2015”). RFSA 21/2015 regulates the management guidelines of public company of which implementation is conducted through comply or explain, which have not been regulated previously by law…
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The Establishment of Company Regulation

Provisions on company regulation is stipulated under Article 108 until Article 115 Law Number 13 of 2003 on Employment (“Law No.13/ 2003”) and Ministry of Manpower and Transmigration Regulation Number PER.16/MEN/XI/2011 on Procedures for the Establishment and Legalization of Company Regulation and Procedure for the Establishment and Registration of Collective Labor Agreement (“MOMTR 16/2011”). Article…
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