Minister of Law Regulation Number 49 of 2025 and Tightening of PT Administration: Governance Reform or Overregulation?

The enactment of Regulation of the Minister of Law of the Republic of Indonesia Number 49 of 2025 concerning the Requirements and Procedures for the Establishment, Amendment, and Dissolution of Limited Liability Companies (“Permenkum Number 49 of 2025”) marks an important change in the administrative regulations of Limited Liability Companies (PT). This regulation introduces new...

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Permenkum No. 49 Tahun 2025 dan Pengetatan Administrasi PT: Reformasi Tata Kelola atau Overregulasi?

Berlakunya Peraturan Menteri Hukum Republik Indonesia Nomor 49 Tahun 2025 tentang Syarat dan Tata Cara Pendirian, Perubahan, dan Pembubaran Badan Hukum Perseroan Terbatas (“Permenkum No. 49 Tahun 2025”) menandai perubahan penting dalam pengaturan administrasi Perseroan Terbatas (PT). Regulasi ini memperkenalkan kewajiban administratif baru, khususnya terkait pelaporan tahunan bagi Perseroan Persekutuan Modal dan pelaporan keuangan bagi...

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Annual Reporting Requirements for Joint Stock Companies after Ministerial Regulation No. 49/2025: What are the Implications for Companies?

A Limited Liability Company (“Companies”) is a legal entity in the form of a capital partnership established based on an agreement, conducting business activities with authorized capital divided into shares, as defined in Article 1 paragraph 1 of Law Number 40 of 2007 concerning Limited Liability Companies (“Law No. 40/2007”). The Law No. 40/2007 contains...

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Kewajiban Laporan Tahunan Perseroan Persekutuan Modal Pasca Permenkum 49/2025: Bagaimana Implikasi Terhadap Perseroan?

Perseroan Terbatas (“PT”) merupakan badan hukum berbentuk persekutuan modal yang didirikan berdasarkan perjanjian, menjalankan kegiatan usaha dengan modal dasar yang terbagi dalam saham, sebagaimana didefinisikan dalam Pasal 1 angka 1 Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas (“UU PT”). UU PT memuat pengaturan terkait aspek fundamental terkait perseroan, mulai dari pendirian, organ perseroan, pengelolaan,...

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Business License Revoked: Does Revocation of a Business License End the Existence of a Company?

In legal practice, business actors often interpret the revocation of a business license as the end of a company’s existence. Many directors, creditors, and business partners often assume that a company whose business license has been revoked no longer has legal entity status. This view is incorrect and inconsistent with the provisions of Law Number...

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Izin Usaha Dicabut : Benarkah Pencabutan Izin Usaha Mengakhiri Eksistensi Perseroan

  Dalam praktik hukum, pelaku usaha kerap memaknai pencabutan izin usaha sebagai akhir eksistensi Perseroan. Tidak sedikit direksi, kreditor, dan mitra usaha sering beranggapan bahwa Perseroan yang izin usahanya dicabut tidak lagi memiliki kedudukan terhadap status hukum Perseroan. Pandangan tersebut merupakan pandangan yang keliru dan tidak sejalan dengan ketentuan Undang-Undang Nomor 40 Tahun 2007 tentang...

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Dismissal of Directors or Commissioners: Can It Be Done Through a Circular Resolution Mechanism?

The General Meeting of Shareholders (“GMS”) is a corporate body that has the authority to make decisions on behalf of shareholders that cannot be delegated or transferred to the Board of Directors and Board of Commissioners. Thus, the GMS is an important forum for shareholders to make decisions regarding the Company, which are generally carried...

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Pemberhentian Direksi atau Komisaris: Dapatkah Dilakukan Melalui Mekanisme Circular Resolution?

Rapat Umum Pemegang Saham (“RUPS“) merupakan organ perseroan yang memiliki wewenang pengambilan keputusan para pemegang saham yang tidak dapat diberikan atau dialihkan kepada Direksi dan Komisaris. Dengan demikian, RUPS menjadi forum penting dalam pengambilan keputusan Perseroan oleh para pemegang saham, yang pada umumnya dilaksanakan melalui RUPS konvensional yang dilaksanakan di tempat kedudukan perseroan, baik secara...

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Can Directors or Commissioners Be Sued Personally? Understanding the Limits of Business Judgement Rule Protection in Companies

As a Director or Commissioner in a company, all decisions and policies made carry risks that could harm the company. This raises the question of whether Directors or Commissioners can be sued personally in civil or criminal court?. This question is one of the legal issues that often arises in corporate practice, especially when a...

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