”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 […]
Manpower Compliances of a Company “In order to ensure the welfare of employees, Indonesian laws and regulations stipulate multiple obligations of a company with regard to manpower, such as employment agreement, company regulation or collective labor agreement, and mandatory manpower report.” In 2003, Indonesian government issued the Law No. 13 of 2003 concerning Manpower, which […]
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