Memorandum And Articles Of Association Of An Entertainment Company Template for Indonesia

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Key Requirements PROMPT example:

Memorandum And Articles Of Association Of An Entertainment Company

"I need a Memorandum and Articles of Association of an Entertainment Company for my digital content creation startup in Jakarta, which will be incorporated in March 2025 with 30% foreign ownership from a Singapore investor, focusing primarily on streaming content production and online distribution."

Document background
The Memorandum and Articles of Association of an Entertainment Company serves as the fundamental constitutional document for entertainment businesses establishing themselves in Indonesia. This document is required under Law No. 40 of 2007 on Limited Liability Companies and must be executed before a public notary and approved by the Ministry of Law and Human Rights. It establishes the company's legal identity, governance structure, and operational framework, particularly addressing unique aspects of entertainment business operations. The document is essential for companies engaging in activities such as content creation, media production, performing arts, or digital entertainment, and must comply with both general corporate requirements and specific entertainment industry regulations. It's typically prepared during company formation but may be amended as the company evolves or regulatory requirements change.
Suggested Sections

1. Name and Legal Status: States the company's full legal name and its status as a limited liability company under Indonesian law

2. Domicile: Specifies the company's registered address and principal place of business

3. Objects and Purposes: Details the business activities the company will engage in, specifically entertainment-related activities

4. Duration: States the period for which the company is established (usually indefinite)

5. Capital Structure: Details the authorized, issued, and paid-up capital of the company

6. Shares: Specifies share classifications, rights, and transfer restrictions

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

8. Board of Directors: Composition, appointment, duties, and authorities of directors

9. Board of Commissioners: Composition, appointment, duties, and authorities of commissioners

10. Annual Reports and Distribution of Profits: Procedures for financial reporting and dividend distribution

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

Optional Sections

1. Intellectual Property Rights: Special provisions for managing and protecting entertainment content and creative assets

2. Content Creation and Distribution: Specific rules for content production and distribution channels

3. Foreign Ownership Provisions: Required if the company has or plans to have foreign shareholders

4. Artist and Talent Management: Specific provisions for managing entertainment talent if applicable

5. Digital Rights Management: Provisions for managing digital content and online distribution

6. Branch Offices: Provisions for establishing and managing branch offices or studios

7. Special Rights Shares: Provisions for special voting rights or golden shares if applicable

Suggested Schedules

1. Schedule 1: Initial Shareholders: List of founding shareholders with their respective shareholdings

2. Schedule 2: Share Capital Details: Detailed breakdown of share classes and their associated rights

3. Schedule 3: Board Members: Initial composition of Board of Directors and Board of Commissioners

4. Schedule 4: Business Activities: Detailed KBLI (Indonesian Business Classification) codes for entertainment activities

5. Schedule 5: Intellectual Property Assets: List of initial IP assets owned by the company

6. Appendix A: Shareholders' Initial Contributions: Details of initial capital contributions by each shareholder

7. Appendix B: Corporate Governance Guidelines: Detailed procedures for corporate governance

8. Appendix C: License Requirements: List of required entertainment and business licenses

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

Entertainment

Media

Broadcasting

Film Production

Music Industry

Digital Media

Gaming

Live Events

Performing Arts

Content Creation

Creative Industries

Relevant Teams

Legal

Corporate Governance

Board of Directors

Executive Leadership

Corporate Secretariat

Compliance

Creative Operations

Production

Business Development

Finance

Administrative

Content Development

Studio Operations

Relevant Roles

CEO

Company Director

Legal Director

Corporate Secretary

Entertainment Director

Creative Director

Content Manager

Production Head

Business Development Manager

Compliance Officer

Corporate Lawyer

Finance Director

Operations Director

Artistic Director

Studio Manager

General Counsel

Board Member

Commissioner

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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