Document background
The Memorandum and Articles of Association Constitution is a mandatory legal document required when establishing a limited liability company (Perseroan Terbatas/PT) in Indonesia. This document is essential for company registration and must comply with Law No. 40 of 2007 on Limited Liability Companies. It contains crucial information about the company's identity, purpose, capital structure, management framework, and operational rules. The document must be drafted in Indonesian language and executed before a public notary, after which it requires approval from the Ministry of Law and Human Rights. It serves as the primary reference for corporate governance, shareholder rights, and company operations, establishing the foundation for all future corporate actions and decision-making processes. This document is particularly important for both domestic and foreign investment scenarios, as it must align with Indonesia's investment regulations and business field restrictions.
