Overview of Post Notification for Merger, Consolidation and Acquisition On 20 July 2010, The Government has finally issued Government Regulation (Peraturan Pemerintah or “PP”) Number 57 Year 2010 on Merger or […]

Background Backgroundorpurpose ofthe issuance ofGovernment RegulationNumber43 of2011on Procedures forFilingandUse ofLimited Liability CompanyName (“GR No. 43/2011“)is toimplement the provisionsof Article9 paragraph(4)and Article16 paragraph(4)of LawNumber 40of2007on Limited Liability Company (“Company Law“). Accordingly,there isharmonybetween thelaws […]

Background A Limited Liability Companies (“Company”) may gain their capital by increasing its capital, the process is performed based on General Meeting Shareholder’s (“GMS”) Resolution. According to Article 41 paragraph […]

Background The application for transfer of ownership of foreign shares can be submitted either by foreign investment company or by domestic investment company. The transfer of ownership of foreign shares […]

Share is a proof that shareholders have conducted a full deposit of capital in Limited Liability Companies (“Company”). Shares in Company are classified based on similar characteristics, it is called […]

Background The purpose of the issuance of Government Regulation Number 47 of 2012 on Social and Environmental Responsibility of Limited Liability Company (“GR No. 47/2012“) is to implement the provisions […]