How to Set Up Business in Indonesia

Legal Review
Indonesian Company Act No. 40 of 2007We will be briefly discuss about how to set up business in Indonesia based on Indonesian LawIndonesia, connector country to two continents and to two oceans Australia and Asian continent , Indian and Pacific ocean, paradise for global investors. The land underneath your feet are fertile to run agricultural based business such as rice, corn, spices, coconut oil , you dig a little further you found gold, oil, gas if you are interested in mining. Its beautiful landscape of 127 mountains, lakes and jungle are not less beautiful then their temples Borobudur or Prambanan, business inspiration for nature or culture lovers. You look up its sky its sun consistently rise and setting on time all year around make their black- white and pink beaches,…
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New Changes of Appointment and Dismissal of State – Owned Company Directorship

Legal Review
New Regulation Regulation of the Minister of State-Owned Enterprises of the Republic of Indonesia Number Per - 11/MBU/07/2021 Concerning Requirements, Procedures for Appointment, and Dismissal of Members of the Board of Directors of State-Owned Enterprises revokes the old regulation concerning same matter The new regulation institutes new ways in process selection of top executives for Indonesia’s state enterprises aims to improve quality and accountability in processing selection of new appointee of directorship. This changes also changes the talent management as following:1. Talent managementTalent management is a system implemented for management and development in selecting State Owned Enterprises (hereinafter called “ SOE”) Directors. It lays out stages and procedures carried out through  screening, selection, assessment, classification, development and mobility.a. Talent SourcesPotential candidates directors may come from Prospective Ministry candidates, Prospective SOE…
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