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Tag: Corporate establishment in Indonesia

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,...

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...

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...

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...

Missed the Annual General Meeting Deadline in Indonesia: What Should a Company Do?

An Indonesian company must hold its annual General Meeting of Shareholders (GMS) within six months after the end of...

Annual General Meeting Requirements in Indonesia: What Foreign-Owned Companies Must Do

Foreign-owned companies in Indonesia must hold an Annual General Meeting of Shareholders (AGMS) within six months after the end...

Should You Keep or Close a Representative Office After Establishing a PT PMA?

Establishing a PT PMA does not automatically require a foreign investor to close an existing representative office in Indonesia....

Can You Replace a Local Shareholder After an Indonesian Company Is Established?

A local shareholder in an Indonesian foreign investment company, or PT PMA, can generally be replaced through a transfer...

Can an Overseas Company Sign Contracts in Indonesia Without a Local Entity?

An overseas company can generally contract directly with Indonesian counterparties without establishing a local company, provided the underlying transaction...