4 THINGS YOU NEED TO KNOW ABOUT THE GENERAL MEETING OF SHAREHOLDERS

4-THINGS-YOU-NEED-TO-KNOW-ABOUT-THE-GENERAL-MEETING-OF-SHAREHOLDERS

Aside from the Board of Directors and Board of Commissioners, another figure that is very important in the Indonesia Company Law is the General Meeting of Shareholders. Learn more about why they are important, and their special authority in running the Company. When talking about the people who are running a Limited Liability Company (Perseroan…

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INCREASE OF PAID-UP CAPITAL FOR PMA COMPANY

INCREASE-OF-PAID-UP-CAPITAL-FOR-PMA-COMPANY

With the growth of the business, and the financial requirement of the Company, General Meeting of Shareholders (“GMS”) can decide to increase the paid-up capital of a Company, to increase the equity and value of the Company itself. The process to increase the paid-up capital includes several steps, especially if the Company is a foreign…

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ANNUAL REPORT OBLIGATION FOR COMPANIES IN INDONESIA

ANNUAL-REPORT-OBLIGATION-FOR-COMPANIES-IN-INDONESIA

Aside from annual tax filings and the annual financial reports, companies in Indonesia, including both local company and PMA Company, has the obligation to submit an Annual Report pursuant to the Indonesian Company Law. Learn more regarding what the obligation entails and how to do it. Pursuant to Article 66 (1) of Law No. 40…

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