A step-by-step guide to setting up and running a company in Indonesia for non-Indonesia citizens.
To make an acquisition, some interests must be considered, namely the interests of: The Company, minority shareholders, employees of the Company; Creditors and other business partners of the Company; and Society and healthy competition in doing business. (see Article 126 paragraph [1] of Law No. 40 of 2007 concerning Limited Liability Companies Law or “UU …
How to Acquire a Private Company (LLC) in Indonesia Read More »
For a PT PMDN (local-PT) whose shares are partly owned by PT PMA, does its business activity have to follow the rules regarding PMA or PMDN? In Article 1 number 1 of Law Number 25 of 2007 concerning Investments (“Investment Law”), what is referred to as investment are: All forms of investment activities, both by …
Implications of Foreign Investors or PT PMA Having Stocks in Indonesia local-PT Read More »
In principle, foreign investment in Indonesia must be in the form of a Limited Liability Company (“PT”) based on Indonesian law and domiciled within the territory of the Republic of Indonesia, unless the law provides otherwise. Therefore, foreign investment in Indonesia is also subject to the provisions of Law Number 40 of 2007 concerning Limited …
Authorized Capital of Foreign-Owned Limited Liability Company (PT PMA) Read More »
As a businessman, of course, we want to get more profit. One way that can be taken is to expand the market share. Therefore, it’s a common thing to open businesses in other countries. One of the sexiest investment destinations in Southeast Asia is Indonesia. With more than 270 million people, of whom 20 percent …
