The Indonesian Government recently issued Government Regulation no. 29 of 2016 regarding Amendments in Authorized Share Capital of a Limited Liability Company (New Regulation). The New Regulation revokes the Government Regulation 7 of 2016 (Old Regulation). Basically the New Regulation regulates the same matter as the Old Regulation, namely it sets new regulations regarding the authorized and paid-up capital of a PT company.
13 February 2020 (closed)
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