Tag Archives: Foreign Share

Procedure of Procuring Financing From Foreign Private Creditors

Background Procedure of procuring financing from foreign private creditors (“FPC”) is governed under Minister of Finance Regulation No. 45/PMK.08/2014 of 2014 (“MFR No. 45/2014”). This regulation has been enforced to renew the previous one, namely  Minister of Finance Regulation No. 14/PMK.08/2012 of 2012 (“MFR No. 14/2012”) which is considered inappropriate with the current condition. Types…
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Transfer of Ownership of Foreign Shares

Background The application for transfer of ownership of foreign shares can be submitted either by foreign investment company or by domestic investment company. The transfer of ownership of foreign shares shall be conducted whenever there are changes in the company’s capital that cause some or all the company's capital into a foreign capital or domestic…
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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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