After the Foreign Investment Company (“PT PMA”) has been approved by Ministry of Laws and Human Rights (“MoLHR”), it means that PT PMA is duly established in Indonesia. PT PMA should take the following obligations. Corporate Housekeeping There are several corporate actions must be conducted by PT PMA. PT PMA must held First Meeting of … Continue reading The Obligation of Foreign Investment Company in Indonesia
The foreign Investors can own land in Indonesia under certain land titles. Therefore, the foreign investors must aware of the following land titles: Right of Ownership, Right of Build, Right of Exploitation, and Right of Use. Law No. 5 of 1960 regarding Basic Agrarian Law created a uniform, though somewhat complex, system of land rights … Continue reading Can Foreign Investors own Land in Indonesia?