“The Republic of Indonesia ratified the Hague Convention Abolishing the Requirement of Legalization. Accordingly, it will no longer require embassy legalization for categorized as public documents and replacing them with Apostille.” Public documents that issued or signed in abroad that will be used in other countries is required to get legalized to proof the authenticity […]
”Director must conduct and maintain the Shareholders Register Book, including recording the day and date of shares transfer, change ownership, and pledge of shares or fiduciary security that the provisions of the law have been registered.” Company establishment is required to have a minimum 2 (of two) shareholders that oblige to subscribe to shares reflected […]
“Financial Service Authority has stipulated Regulation No. 22/POJK.04/2021 (“POJK 22/2021”) about Multiple Voting Shares, which give more than 1 (one) Voting Rights to shareholders. The Issuers which can issue Multiple Voting Shares is the Company that uses technology to create products that increase productivity and economic growth and have a substantial social impact.” On 11 […]
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