Document background
Articles of Association and Bylaws are mandatory foundational documents required for establishing and operating a company in Indonesia. These documents must comply with Law No. 40 of 2007 on Limited Liability Companies and related regulations, requiring notarization and approval from the Ministry of Law and Human Rights. They establish the company's legal framework, including capital structure, management organization, shareholder rights, and governance procedures. The documents are essential for company registration, opening bank accounts, obtaining business licenses, and serving as reference for all corporate actions. They need to be carefully drafted to ensure compliance with Indonesian regulations while providing sufficient flexibility for business operations and future growth.
