Business Articles Of Association Template for Indonesia

1. Share Transfer Restrictions: Used when shareholders want to implement specific share transfer limitations or first right of refusal

2. Tag-Along and Drag-Along Rights: Include when shareholders want specific exit rights and obligations

3. Foreign Ownership Provisions: Required when the company has or plans to have foreign investment

4. Industry-Specific Compliance: Include when company operates in regulated industries like banking, insurance, or mining

5. Corporate Social Responsibility: Required for companies dealing with natural resources, but optional for others

6. Electronic Meeting Provisions: Include to allow for virtual board and shareholder meetings

7. Shareholder Reserved Matters: Used when certain decisions require special shareholder approval

8. Dividend Policy: Include when shareholders want to specify detailed dividend distribution rules

1. Share Ownership Details: List of shareholders with their respective shareholding percentages and share classes

2. Initial Board Composition: Names and details of initial Directors and Commissioners

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

4. Shareholder Register Format: Template for maintaining the company's share register

5. Corporate Governance Guidelines: Detailed procedures for corporate governance implementation

6. Board Meeting Procedures: Detailed procedures for conducting board meetings and decision-making

7. Share Certificate Format: Template and specifications for share certificates