“In establishing PT PMA, the minimum capital and paid-up capital is IDR 10 billion excluding land and office buildings. PMA can only perform business activities on a large business scale. Meanwhile, Representative Offices are not limited by investment value and capital like PT PMA. In implementing its duties and functions, a representative office cannot exceed […]
Investment Activity Report (LKPM) is an obligation for every business actor. Reporting on investment activities is divided based on the scale of the business which is every 6 months for small business actors, every 3 months for medium and large business actors. Reporting on this activity is excluded for micro business actors, companies in the […]
“According to Article 78 of UUPT, there are two kinds of GMS, which are annual GMS and other GMS. Each, have their own functions and criteria. Annual GMS needs to be held every year, at least 6 (six) months after the end of each financial year. The Board of Directors is obliged to hold an […]
“Under the President Regulation No. 13 of 2018, every corporation is required to report its beneficial ownership information to the Ministry of Law and Human Rights. This reporting duty is conducted through the General Legal Administration (AHU) Online web portal system, which can be conducted by notary, founder or management of the company, or any […]
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