Letter Of Incorporation Template for Indonesia

The Letter of Incorporation serves as the founding document for establishing a company in Indonesia, required under Law No. 40 of 2007 on Limited Liability Companies. This document is mandatory for all companies seeking to operate as a Perseroan Terbatas (PT) in Indonesia and must be prepared by a licensed Indonesian notary public. The Letter of Incorporation contains crucial information about the company's identity, including its name, objectives, capital structure, shareholding details, and management composition. It forms part of the company's articles of association and serves as the primary reference for corporate governance throughout the company's lifetime. The document requires verification and approval from the Ministry of Law and Human Rights before the company can begin operations, and it becomes a matter of public record once registered.

1. Notary Introduction: Formal introduction including the notary's details, date, and location of execution

2. Founder Information: Complete details of all company founders including name, occupation, address, and nationality

3. Company Name: The approved and complete name of the company

4. Company Domicile: Official address and location of the company's headquarters

5. Company Purpose and Objectives: Detailed description of business activities and objectives (must align with Indonesian Standard Industrial Classification/KBLI codes)

6. Capital Structure: Details of authorized, issued, and paid-up capital, including share distribution among founders

7. Share Information: Types of shares, nominal value, and rights attached to each share class

8. Management Structure: Composition of Board of Directors and Board of Commissioners, including their duties and authorities

9. General Meeting of Shareholders: Procedures for conducting GMS and decision-making processes

10. Financial Year: Definition of the company's financial year and reporting periods