Tag Archives: Foreign Company

Government Enacts the New Negative Investment List

Background In order to increase investment activities in Indonesia as well as the implementation of Indonesia’s commitment with respect to the Association of Southeast Asian Nations/ASEAN Economic Community (AEC), it is necessary to rework the provisions on the list of business fields closed to investment and business fields open with conditions to investment or commonly…
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Investment Law Dispute Settlement through International Center for Settlement of International Disputes (ICSID)

Background International Center for Settlement of International Dispute (“ICSID”) was established on the basis of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States of 1966 ("ICSID Convention"). This ICSID Convention regulates the settlement of dispute between a country with foreign individual or company who have invested their capital…
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Merger on Investment Company

Background Merger is a legal action conducted by one or more company to merge with another existing company causing the assets and liabilities of the merging company transferred by law to the surviving company. Moreover, the legal entity status of the merging company will be ended by law. In relation to investment activity, the Government…
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Transfer of Ownership of Foreign Shares

Background The transfer of ownership of foreign shares for a domestic investment company occurs when domestic investment company conducts a change in the company’s capital as a result of the entry of foreign capital which causes some or all the company’s capital becomes a foreign capital.Conversion of Domestic Investment Company to Foreign Investment Company In…
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