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Articles Of Incorporation General Stock Template for Indonesia

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Key Requirements PROMPT example:

Articles Of Incorporation General Stock

"I need Articles of Incorporation General Stock for establishing a technology startup in Jakarta by March 2025, with provisions for multiple share classes and foreign investment capabilities, focusing on software development and AI services."

Document background
Articles of Incorporation General Stock represents the primary constitutional document required for establishing a limited liability company in Indonesia. This document is mandatory under Law No. 40 of 2007 and must be prepared when founding any general stock corporation in Indonesia. It contains essential information about the company's identity, purpose, capital structure, management framework, and operational procedures. The document serves multiple purposes: it establishes the company's legal existence, defines relationships between corporate bodies, sets out shareholder rights and obligations, and provides the governance framework for corporate operations. It must be drafted in Indonesian language, notarized, and submitted to the Ministry of Law and Human Rights for approval. These Articles form the basis for all future corporate actions and serve as a reference point for resolving corporate governance issues.
Suggested Sections

1. Company Name and Domicile: Legal name of the company, registered address, and operational territory

2. Purpose and Objectives: Company's business activities and scope of operations as per Indonesian Standard Industrial Classification (KBLI)

3. Duration: Period of establishment (typically unlimited)

4. Capital Structure: Authorized, issued, and paid-up capital, number and classification of shares, and nominal value per share

5. Shares: Rights and obligations attached to shares, share certificates, and share transfer procedures

6. General Meeting of Shareholders: Procedures for conducting GMS, voting rights, quorum requirements, and decision-making processes

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

8. Board of Commissioners: Composition, appointment/dismissal procedures, supervision duties, and responsibilities

9. Annual Reports and Profit Distribution: Procedures for financial reporting, dividend distribution, and reserve funds

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

Optional Sections

1. Different Classes of Shares: Details of different share classes with varying rights and privileges, if the company plans to issue multiple share classes

2. Foreign Investment Provisions: Special provisions required for foreign-owned companies, including compliance with investment laws

3. Corporate Social Responsibility: Specific commitments to social and environmental responsibilities, if emphasizing CSR

4. Shareholder Protection Provisions: Additional protections for minority shareholders, tag-along rights, etc.

5. Special Voting Rights: Provisions for golden shares or special voting arrangements

6. Branch Offices: Provisions for establishing and managing branch offices or representative offices

Suggested Schedules

1. Initial Shareholders: List of founding shareholders with their respective shareholdings and paid-up capital contributions

2. Initial Board Members: Details of first appointed Board of Directors and Board of Commissioners members

3. Share Certificates: Format and specimen of share certificates

4. Business Activities: Detailed list of business activities according to KBLI codes

5. Power of Attorney: Standard format for shareholder representation in GMS

6. Company Seal Specimen: Official company seal design and usage guidelines

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

Retail

Energy

Mining

Agriculture

Construction

Healthcare

Education

Transportation

Real Estate

Hospitality

Professional Services

Media and Entertainment

Telecommunications

Relevant Teams

Legal

Corporate Secretariat

Compliance

Finance

Executive Leadership

Corporate Governance

Risk Management

Regulatory Affairs

Shareholder Relations

Board Administration

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Corporate Secretary

Legal Counsel

Compliance Officer

Board Director

Commissioner

Chief Financial Officer

Company Director

Corporate Governance Officer

Risk Management Officer

Investment Manager

Corporate Attorney

Regulatory Affairs Manager

Shareholder 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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