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Articles Of Organization S Corp

Articles Of Organization S Corp Template for Indonesia

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Key Requirements PROMPT example:

Articles Of Organization S Corp

"I need Articles of Organization S Corp documentation for a tech startup in Jakarta, planning to launch in March 2025, with provision for 30% foreign ownership and multiple share classes to accommodate future venture capital investment."

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Document background
Articles of Organization S Corp documentation in Indonesia represents a critical legal foundation for establishing a corporate entity, though it must be adapted to conform with Indonesian legal requirements through the PT (Perseroan Terbatas) structure. This document is essential when founding a new company or restructuring an existing one, providing the fundamental framework for corporate governance, ownership structure, and operational procedures. It must comply with Law No. 40 of 2007 on Limited Liability Companies and related regulations, while incorporating elements that enable efficient corporate management and protect shareholder interests. The document serves as the company's constitutional document, registered with the Ministry of Law and Human Rights, and forms the basis for all corporate actions and decision-making processes.
Suggested Sections

1. Company Name and Domicile: Official name of the company and its registered address in Indonesia

2. Purpose and Objectives: Company's business activities and goals according to the Indonesian Standard Industrial Classification (KBLI)

3. Duration: Period of the company's establishment (usually unlimited)

4. Capital Structure: Details of authorized capital, issued capital, and paid-up capital in accordance with Indonesian regulations

5. Shares: Classes of shares, rights attached to shares, and share transfer procedures

6. General Meeting of Shareholders: Procedures for conducting shareholder meetings and voting rights

7. Board of Directors: Composition, appointment, duties, and authorities of the Board of Directors

8. Board of Commissioners: Composition, appointment, duties, and authorities of the Board of Commissioners

9. Annual Reports and Profit Distribution: Procedures for financial reporting and dividend distribution

10. Dissolution and Liquidation: Procedures for company dissolution and asset distribution

Optional Sections

1. Branch Offices: Details of branch office establishment and management, used when the company plans to operate multiple locations

2. Special Rights and Restrictions: Specific provisions for certain shareholders or share classes, used when implementing different share structures

3. Corporate Social Responsibility: Specific commitments to social and environmental responsibilities, used for companies in certain industries or sizes

4. Conflict Resolution: Detailed dispute resolution procedures, used when shareholders want specific arbitration or mediation procedures

5. Foreign Investment Provisions: Special provisions related to foreign ownership and investment, used when foreign investors are involved

Suggested Schedules

1. Shareholder Details: Complete list of initial shareholders with their respective shareholdings and contributions

2. Board Member Information: Detailed information about initial Board of Directors and Commissioners members

3. Business Activities: Detailed KBLI codes and descriptions of permitted business activities

4. Capital Structure Details: Detailed breakdown of company's capital structure and share classifications

5. Signature Page: Formal signature page for all founding shareholders and board members

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Articles of Association
Authorized Capital
Board of Commissioners
Board of Directors
Business Day
Company
Corporate Documents
Deed of Establishment
Financial Year
General Meeting of Shareholders
Independent Commissioner
Issued Capital
KBLI
Ministry of Law and Human Rights
OSS System
Paid-up Capital
Perseroan Terbatas
Public Notary
Quorum
Registered Office
Share
Share Certificate
Shareholder
Shareholder Register
Special Resolution
Subsidiary
Transfer of Shares
Voting Rights
Written Resolution
Indonesian Territory
Clauses
Company Name and Identity
Corporate Purpose
Capital Structure
Share Classes and Rights
Share Transfer Restrictions
Management Structure
Board Responsibilities
Shareholder Rights
Voting Rights
Meeting Procedures
Financial Management
Dividend Distribution
Corporate Governance
Dissolution and Liquidation
Dispute Resolution
Amendment Procedures
Compliance Requirements
Reporting Obligations
Shareholding Requirements
Board Appointment
Commissioner Appointment
Corporate Records
Business Activities
Foreign Investment
Capital Requirements
Relevant Industries

Manufacturing

Technology

Retail

Professional Services

Financial Services

Healthcare

Education

Construction

Agriculture

Tourism

Mining

Transportation

Real Estate

Media and Entertainment

Consumer Goods

Relevant Teams

Legal

Corporate Secretariat

Compliance

Finance

Executive Leadership

Risk Management

Corporate Governance

Investor Relations

Administrative

Strategy

Relevant Roles

Chief Executive Officer

Company Director

Corporate Secretary

Legal Counsel

Compliance Officer

Board Member

Chief Financial Officer

Chief Operating Officer

Managing Director

General Counsel

Company Secretary

Investment Director

Shareholder Relations Manager

Risk Management Officer

Corporate Governance Officer

Industries
Law No. 40 of 2007 on Limited Liability Companies: The primary law governing the establishment and operation of companies in Indonesia, including requirements for articles of association, corporate structure, and shareholder rights
Law No. 25 of 2007 on Investment: Regulates foreign and domestic investment in Indonesian companies, including ownership restrictions and investment requirements
Government Regulation No. 29 of 2016: Specifies the minimum capital requirements and paid-up capital for establishing a PT (Limited Liability Company)
Law No. 13 of 2003 on Manpower: Governs employment relationships and worker rights, relevant for establishing employment policies in the company's articles
Law No. 36 of 2008 on Income Tax: Covers corporate taxation requirements and regulations that need to be considered in company formation
Government Regulation No. 24 of 2018: Regulates the Online Single Submission (OSS) system for business licensing and company registration
Ministry of Law and Human Rights Regulation: Provides specific requirements for company name reservation and articles of association validation
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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