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Certificate Of Incorporation And Memorandum And Articles Of Association Template for Indonesia

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Key Requirements PROMPT example:

Certificate Of Incorporation And Memorandum And Articles Of Association

"I need a Certificate of Incorporation and Memorandum and Articles of Association for a tech startup in Jakarta, Indonesia, to be established by March 2025, with three local shareholders and one foreign investor, including provisions for future funding rounds and share dilution protection."

Document background
The Certificate of Incorporation and Memorandum and Articles of Association is a mandatory document for establishing a limited liability company (PT) in Indonesia. This foundational document serves multiple crucial purposes: it legally establishes the company's existence, defines its business objectives, sets out its capital structure, and establishes the framework for corporate governance. It must strictly comply with Law No. 40 of 2007 and related regulations, requiring preparation by a public notary and approval from the Ministry of Law and Human Rights. The document is essential for any business seeking to operate as a formal legal entity in Indonesia and serves as the primary reference for shareholders, directors, and other stakeholders regarding the company's operations and governance structure.
Suggested Sections

1. Company Identity and Basic Information: Details of company name, domicile, official address, and establishment date

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

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

4. Shareholders Information: Identity of founding shareholders, share distribution, and ownership details

5. Board Structure: Composition and details of the Board of Directors and Board of Commissioners

6. General Meeting of Shareholders: Rules and procedures for conducting GMS, voting rights, and quorum requirements

7. Shares and Share Certificates: Provisions regarding share classifications, rights, and transfer procedures

8. Management and Supervision: Duties, responsibilities, and authorities of the Board of Directors and Board of Commissioners

9. Financial Year and Annual Reports: Provisions on fiscal year, financial reporting, and dividend distribution

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

Optional Sections

1. Special Rights Shares: Provisions for special rights attached to certain share classes, used when the company has multiple share classes

2. Foreign Ownership Provisions: Special provisions relating to foreign ownership limitations and requirements, included when foreign shareholders are involved

3. Corporate Social Responsibility: Specific provisions for CSR activities, required for companies in natural resources sectors

4. Shareholder Agreement Integration: References to separate shareholder agreements, included when such agreements exist

5. Branch Office Provisions: Rules for establishing and managing branch offices, included when company plans branch operations

Suggested Schedules

1. Share Ownership Details: Detailed breakdown of shareholding structure and share certificates

2. Initial Board Members: List of initial appointments to Board of Directors and Board of Commissioners

3. Company Address Details: Complete details of registered office and any branch locations

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

5. Capital Structure Details: Detailed breakdown of company's capital structure including share classes and values

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

Retail

Financial Services

Mining

Agriculture

Construction

Healthcare

Education

Transportation

Hospitality

Real Estate

Professional Services

Energy

Telecommunications

Relevant Teams

Legal

Corporate Secretariat

Compliance

Corporate Governance

Board of Directors

Executive Management

Risk Management

Corporate Affairs

Regulatory Affairs

Finance

Relevant Roles

Chief Executive Officer

Company Secretary

Corporate Lawyer

Legal Counsel

Chief Legal Officer

Compliance Officer

Corporate Governance Officer

Board Director

Commissioner

Chief Financial Officer

Business Development Director

Investment Manager

Risk Manager

Corporate Affairs Manager

Regulatory Affairs 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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