Articles Of Incorporation For A Tax Exempt Non Stock Corporation Template for Indonesia

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Key Requirements PROMPT example:

Articles Of Incorporation For A Tax Exempt Non Stock Corporation

"I need Articles of Incorporation for a Tax Exempt Non Stock Corporation in Indonesia for an educational foundation that will operate multiple schools across Jakarta and Bali, with plans to commence operations in March 2025, including provisions for accepting international grants and maintaining academic board oversight."

Document background
Articles of Incorporation for a Tax-Exempt Non-Stock Corporation are essential when establishing a charitable or non-profit organization in Indonesia that seeks tax-exempt status. This document is mandatory under Indonesian law and must be prepared in accordance with Law No. 40 of 2007 and Law No. 16 of 2001 on Foundations (Yayasan). It serves as the primary governing document that defines the organization's charitable purpose, structure, and operations. The articles must specifically address the three-tier governance system unique to Indonesian foundations, including the Governing Board (Pembina), Executive Board (Pengurus), and Supervisory Board (Pengawas). They must also include provisions that satisfy tax authority requirements for obtaining and maintaining tax-exempt status. This document is typically filed with the Ministry of Law and Human Rights and requires notarization before the organization can legally operate.
Suggested Sections

1. Article I - Name and Location: Official name of the organization and address of its principal office in Indonesia

2. Article II - Purpose and Activities: Statement of non-profit purpose, charitable objectives, and intended activities that qualify for tax-exempt status

3. Article III - Basic Structure: Declaration of non-stock nature and foundation (Yayasan) status

4. Article IV - Governing Board: Composition, qualifications, powers, and duties of the foundation's governing board (Pembina)

5. Article V - Executive Board: Structure and responsibilities of the executive board (Pengurus) who manage daily operations

6. Article VI - Supervisory Board: Composition and duties of the supervisory board (Pengawas) who oversee the executive board

7. Article VII - Membership: Statement regarding non-stock nature and absence of shareholders/members

8. Article VIII - Assets and Finance: Initial assets, funding sources, and financial management principles

9. Article IX - Annual Reports and Accountability: Requirements for financial reporting and transparency

10. Article X - Dissolution: Procedures for dissolution and distribution of remaining assets

Optional Sections

1. Article on Foreign Activities: Required if the organization plans to operate internationally or receive foreign funding

2. Article on Branch Offices: Include when the organization plans to establish multiple locations within Indonesia

3. Article on Strategic Partnerships: Include when the organization plans formal collaborations with other entities

4. Article on Specific Programs: Detailed description of specific charitable programs when required by tax authorities

5. Article on Advisory Board: Include when the organization wants to establish a non-governing advisory body

Suggested Schedules

1. Schedule A - Initial Assets Declaration: Detailed listing of initial assets as required by Foundation Law

2. Schedule B - Founder Information: Details of founding members including identification and contact information

3. Schedule C - Board Member Information: Details of initial board members for all three required boards (Pembina, Pengurus, Pengawas)

4. Schedule D - Tax Exemption Documentation: Supporting documents for tax-exempt status application

5. Schedule E - Organizational Structure: Detailed organizational chart and reporting relationships

6. Appendix 1 - Initial Programs and Activities: Detailed description of planned charitable activities and programs

7. Appendix 2 - Financial Projections: Three-year financial projections as required for registration

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Non-Profit Organizations

Charitable Organizations

Educational Institutions

Religious Organizations

Healthcare Services

Social Services

Environmental Conservation

Arts and Culture

Humanitarian Aid

Community Development

Research Institutions

Relevant Teams

Legal

Compliance

Finance

Tax

Corporate Governance

Board Administration

Executive Leadership

Program Management

Operations

Development

Relevant Roles

Chief Executive Officer

Executive Director

Board Chairman

Board Member

Legal Counsel

Compliance Officer

Tax Director

Foundation Secretary

Program Director

Finance Director

Operations Manager

Governance Officer

Non-Profit Administrator

Development Director

Charitable Programs 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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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