Corporate Matters
3 Important Things to be Registered Agent or Distributor Company in Indonesia
Agent or Distributor is one of the most important elements in the business process. The product will be difficult to reach the consumers if this element is missing. Therefore, because of the importance of agents or distributors’ role, in Indonesia, the Ministry of Trade obliges agents or distributors to be registered. It is stated in…
Read MoreWhat are 4 Company Obligations to Its Employees? (2)
Following our first article regarding company obligation to its employee, this article provides 2 others obligations which are as follows: (3) To Give Leave and Rest Every year the Employees has entitled rights to get Leave and Rest as set out on Article 79 Manpower Law with the following details: No Leave/Rest Detail 1. Break…
Read MoreWhat are 4 Company Obligations to Its Employees? (1)
Employee is important asset in every business therefore Indonesian government regulates this issues through Law No.13 of 2013 on Manpower Law (“Manpower Law”). However, the outdated Manpower Law is affecting investor confidence in running their business and it has been as the one of big and complex issues in Indonesia. We understand problems arising from…
Read MoreMake Sure Your Legal Advisors are Registered Lawyers!
“….legal services cannot be provided under a limited liability company (PT).” According to Indonesian Law, Legal services can only be provided by lawyers. Under the Advocates Law, anyone who wants to exercise the profession of a lawyer in Indonesia must be a member of the Bar Association. Further, to become a lawyer, you must be…
Read MoreNew Negative Investment List Is Released!!!
After long awaited, the Indonesian government finally released the new Negative Investment List through Presidential Regulation No.44 of 2016 on Business Fields Closed to Investment and Business Fields Open with Conditions to Investment (“2016 Negative Investment List”) which was stipulated by President Joko Widodo on 12 May 2015 by the President Joko Widodo. Through this…
Read More7 Aspects To Be Noted When Making Commercial Contract In Indonesia
It is true that business deals emerge from mutual trust of involved parties of the transaction, therefore an oral agreement also can be classified as a legal promise of each party to perform their obligation. However, oral agreements are often difficult to enforce in court and sometimes they are not enforceable at all. Therefore, having…
Read More