Skip to content

Posts Tagged ‘limited liability company’

GUIDELINES TO LIQUIDATE COMPANY IN INDONESIA

Pursuant to Company Law, the Company shall be dissolved by several matters and one of which is liquidation according to shareholder’s decision in General Meeting of Shareholders. The Board of Directors (“BOD”), Board of Commissioners (“BOC”) or one or more shareholders representing at least 1/10 of the total shares with voting rights could propose liquidation…

Read More

OBLIGATION OF A COMPANY TO ESTABLISH A BIPARTITE COOPERATION INSTITUTION

According to Article 105 of Manpower Law every companies who employing 50 employments or more is under an obligation to establish a bipartite cooperation institution or commonly known as LKS Bipartite (Bipartite Institution). Indonesian Manpower Law (Law No.13 of 2003) defined the Bipartite Institution is a communication and consultation forum on matters pertaining to industrial…

Read More