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Amended Articles Of Incorporation Template for Indonesia

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Key Requirements PROMPT example:

Amended Articles Of Incorporation

"I need to draft Amended Articles of Incorporation for our Indonesian tech company to increase authorized capital from IDR 10 billion to IDR 50 billion and add new technology-related business activities (KBLI codes) by March 2025."

Document background
Amended Articles of Incorporation are required when an Indonesian company needs to modify its fundamental characteristics or governance structure. This document becomes necessary during various corporate actions such as capital increases, changes in company name, modifications to business activities, or alterations to management structure. Under Indonesian law, specifically Law No. 40 of 2007, any amendments must be approved in a General Meeting of Shareholders, executed before a Notary Public in Indonesian language, and obtain approval from the Ministry of Law and Human Rights. The Amended Articles of Incorporation must comprehensively detail all changes while maintaining compliance with Indonesian corporate law requirements.
Suggested Sections

1. Name and Domicile: Full legal name of the company, registered address, and operational locations

2. Purpose and Objectives: Company's business activities and objectives in accordance with the Indonesian Standard Industrial Classification (KBLI)

3. Duration: Period of establishment of the company (typically unlimited)

4. Capital Structure: Details of authorized, issued, and paid-up capital, including number and classification of shares

5. Shares: Share classifications, rights, and transfer provisions

6. General Meeting of Shareholders: Procedures for conducting GMS, voting rights, quorum requirements

7. Board of Directors: Composition, appointment, duties, authorities, and responsibilities

8. Board of Commissioners: Composition, appointment, duties, authorities, and supervision responsibilities

9. Annual Reports and Profit Distribution: Provisions for financial reporting and dividend distribution

10. Dissolution and Liquidation: Procedures and conditions for company dissolution and liquidation

Optional Sections

1. Foreign Investment Provisions: Required for companies with foreign ownership, detailing compliance with investment regulations

2. Specific Business License Requirements: For regulated industries requiring special permits or licenses

3. Shareholders Agreement Integration: References to separate shareholders agreements when applicable

4. Environmental and Social Responsibility: Required for companies in certain sectors or sizes

5. Branch Office Provisions: Required if the company maintains branch offices

6. Special Rights Shares: Required when there are different classes of shares with special rights

Suggested Schedules

1. Details of Shareholders: Complete list of shareholders with their respective shareholdings and identification details

2. Share Capital Structure: Detailed breakdown of share capital, including share classifications and nominal values

3. Board Composition: Details of current Board of Directors and Board of Commissioners members

4. Business Activities: Detailed KBLI codes and descriptions of authorized business activities

5. Company Assets: List of major assets if being transferred or maintained under the amended articles

6. Historical Amendments: Chronicle of previous amendments to the Articles of Incorporation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses






























Relevant Industries

Manufacturing

Technology

Financial Services

Real Estate

Mining

Agriculture

Retail

Healthcare

Education

Transportation

Construction

Energy

Telecommunications

Professional Services

Hospitality

Relevant Teams

Legal

Corporate Secretariat

Compliance

Corporate Governance

Board of Directors

Executive Management

Regulatory Affairs

Corporate Affairs

Risk Management

Investment Relations

Relevant Roles

Chief Executive Officer

Company Secretary

Corporate Legal Counsel

Compliance Officer

Chief Financial Officer

Board Director

Commissioner

Corporate Governance Officer

Legal Manager

Risk Management Officer

Corporate Affairs Director

Regulatory Compliance Manager

Investment Relations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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