Corporate Matters
THE ROLES OF DIRECTOR AND COMMISIONER OF A LIMITED LIABILITY COMPANY (PT)
Becoming a Director or a Commissioner of a Limited Liability Company comes with a specific set of duties and responsibilities as stipulated by Indonesian Company Law. Learn more about what it all entails in our article. Pursuant to Law No. 40 of 2007 concerning Limited Liability Company (“Company Law”), a Company have 3 (three) company…
Read MoreLEGAL STATUS OF A DIRECTOR IN INDONESIA
The position of a Director in a Company comes with the authority and responsibility to manage and lawfully represent the Company. Most of the time, people consider the Director as an employee, especially in regards to benefits and salaries payable to the Director. So, what is the legal status of the Director? Rights and duties…
Read MoreFIRST FINTECH REGULATION IN INDONESIA TO REGULATE PEER-TO-PEER LENDING PLATFORMS
In the last days of 2016, Indonesia’s Financial Services Authority (OJK) issues its first regulation on Fintech, regulating the services most commonly known as Peer-to-Peer (P2P) Lending Platforms. Read more regarding what the regulation entails and how Fintech players move forward to run their business in Indonesia. Financial technology, commonly shortened as Fintech, is a…
Read MoreA New Patent Law that Technology Company Must Aware of
An information and technology (“IT”) industry is growing in Indonesia due to the establishment of some leading start – up companies in the last few years. The government in the Joko Widodo presidency is also trying to boost up the growing of technology companies in Indonesia. However, contrary to the support of the government, there…
Read MoreThe Importance of Intellectual Property Certificate As a Protection of Intellectual Property Right
One of legal protection for mark Holder is by conducting registration into Directorate General of Intellectual Property in Ministry of Law and Human Rights (“Dirjen HaKI”). Applicant will get Registration Number and Certificate of Intellectual Property after the application registration has been submitted and verified it based on the law. Dirjen HKI has announced on…
Read MoreTechnology Based Regulation
The Financial Services Authority (OJK) and the Indonesian Chamber of Commerce and Industry (Kadin) recently held a large meeting and exhibition that showed the progressive movement toward the development of the Fintech Ecosystem. Indonesia Fintech Festival and Conference 2016, from Aug. 29th to 30th, can provide a remarkable impact on improving awareness of the people…
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