The provisions relating to the PT a

The provisions relating to the PT are contained in the Articles
of Association (“AoA”) formed by the Notarial Deed of
Establishment.
The AoA contained in the Deed address, among other things:
• Rights and duties of shareholders
• Rights and duties of commissioners and directors
• Name of the company, it’s purpose, duration, domicile
• Authorized capital and the division into shares
• Number of shares taken by founders
• Dividends.
Once the nature of the project and size of investment have
been established, registration must be made with BKPM.
The registration must be supported by copies of:
• AoA for both foreign and local parties, or a copy of a
passport for individual shareholders
• tax payer registration number (NPWP) and operating
license (SIUP) of local party
• letter of Power of Attorney (“POA”) from shareholders
• description of business activities.