A Guide to Arbitration Proceeding in Indonesia

“In accordance with the prevailing laws in Indonesia, an arbitration proceeding can be broken down into multiple steps. Such steps are essential to be understood by business actors in order to determine the forum of settlement desired should a civil dispute arise  therebetween.” In Indonesia, civil disputes can be settled through multiple ways. Generally, any civil dispute can be settled by filing a claim to the general judiciary or the

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The Mandatory Agenda of the Annual General Meeting of Shareholders in Indonesia

“The annual General Meeting of the Shareholders holds within 6 (six) months at the latest after the financial year ends.” Company certainly has many activities every year. Within the corporation there are also running organs such as the Board of Directors, Board of Commissioners, or Staff and there are also Shareholders of the Company. As a form of accountability report for activities carried out by the Company within 1 (one)

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The Substantial Things in Drafting and Legalization of Company Regulation

“While company regulations have been regulated by the prevailing Manpower Law, there are many other matters which need to be stipulated specifically by the company regulation so that the company regulation can be legalized by the Manpower Authorities and binding within the company.” Under the Law No. 13 of 2003 concerning Manpower (as has been modified by Law No. 11 of 2020 concerning Job Creation, which hereinafter shall be collectively

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Digital Bank in Indonesia

“Digital banks run and operate their business mainly electronically without a physical office (excluding their head office) or using a limited number of physical offices.” The digital era has grown rapidly within the last decade. Lots of industries are now utilizing digital platform as a media to grow and reach customers. The Banking Industry is also making a move towards this digital era by realizing a concept known as “digital

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Updating on the Abolishing Requirement of the Legalization for Foreign Public Documents

“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 of the public documents, which the procedure is quite long. To make the procedure to

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