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Business Setup

How Can Foreign Investors Protect Decision-Making Control in an Indonesian Joint Venture?

Foreign investors can protect decision-making control in an Indonesian joint venture by structuring voting rights, reserved matters, board representation, director authority, information rights, and...

Should China+1 Investors Establish One Indonesian Entity or Multiple Companies

Most China+1 investors can run manufacturing, distribution, and related activities in Indonesia through a single PT PMA, provided each activity is registered under the...

Should You Fund an Indonesian Company with Shareholder Debt or Equity?

Foreign investors can fund an Indonesian company through equity, shareholder debt, or a combination of both. Equity is generally...

Can Foreign Shareholders Attend an Indonesian General Meeting Remotely?

Foreign shareholders do not always need to travel to Indonesia to attend a General Meeting of Shareholders (GMS). Indonesian...

Can Indonesian Companies Use a Circular Resolution Instead of Holding a Shareholders’ Meeting?

Indonesian companies can make shareholder decisions through a circular resolution without holding a General Meeting of Shareholders (RUPS). This...

Can Foreign Investors Withdraw Paid-Up Capital from an Indonesian PT PMA?

Paid-up capital contributed to an Indonesian PT PMA generally cannot be transferred out of the company's bank account for...

When Do Foreign Investors Need Sector-Specific Business Licenses in Indonesia?

A PT PMA may require additional sector-specific approvals depending on its KBLI 2025 activities, facilities, products, technical personnel, and...

Which Licenses Must Be in Place Before an Indonesian Company Can Start Operating?

An Indonesian company can start a business activity only when the authorization required for that activity is effective. An...