Indonesian Company Law

The Indonesian Company Law is an essential facet of the nation’s business landscape which regulates various business entities. Encompassing businesses such as publicly listed companies, foreign investment firms, and shari’a companies, it encapsulates a wide range of corporate forms, including partnerships, cooperatives, and state-owned enterprises, all governed by differentiated statutes. 

The law prescribes rules on the management and control of such entities via share and capital regulation, and elaborates on the roles of directors and commissioners, also detailing shareholders’ rights, including those pertaining to general meetings. Furthermore, the law outlines mechanisms for mergers and acquisitions and sets corporate audit and reporting requirements. Indonesian Company Law synthesises a sophisticated corporate governance regime premised on legislation, codes of conduct, and multiple rules, incorporating a robust corporate social responsibility framework. 

Additionally, there is a thorough documentation of Indonesia’s corporate crime regime, reinforcing the comprehensive nature of this legal code.