A. Companies (Limited Liability Company or Perusahaan Terbatas (“PT”)) Limited Liability under Indonesian Law is a legal person with a fixed capital divided into shares and with the liability of each shareholder limited to the extent of the par value of the shares held. The Indonesia Commercial Code provides only basic regulations with respect to… Read More
ABOUT INDONESIA
GeographyIndonesia, with its capital city of Jakarta, is the largest archipelago in the world, located between mainland South-East Asia and Australia. The country consists of approximately 17,000 islands, of which approximately 6,000 are inhabited, stretching some 5,000 km from east to west and 1600 km from north to west where 80% of this area is… Read More
DOING BUSINESS IN INDONESIA
Doing business successfully in Indonesia requires some understanding of Indonesian legal and regulatory environments. Many promising changes are underway in Indonesian business environment which will help Indonesia emerge as an attractive destination of doing business and profitable market for Malaysian companies. SETTING UP BUSINESS ACTIVITIES AND A COMPANY IN INDONESIA To establish a business in… Read More
Doing Business in Indonesia | Indonesian Social and Business Culture
An Indonesian Culture Overview Fact fileo Official name – Republic of Indonesiao Population – 240,271,522 *o Official Language – Bahasa Indonesiano Currency – Indonesian rupiah (IDR)o Capital city – Jakartao GDP – purchasing power parity $915.9billion *o GDP Per Capita – purchasing power parity $3,900* Indonesian Culture – Key Concepts and Values Communication Style- Indonesians… Read More
ENVIRONMENTAL MANAGEMENT
Environmental management in Indonesia is regulated by Law Number 23 of 1997. The Law defines the management of the living environment as an integrated effort to preserve the function of living environment which includes the policy for the regulation, utilization, development, conservation, restoration, supervision, and control of the living environment. AMDAL and Licensing Any undertaking… Read More
Plant Varieties Protection (“PVP”)
Indonesia enacted Law Number 29 of 2000 concerning PVP which protects breeder’s rights, so that the breeder has a motivation to invent the new plant variety needed in agricultural development, especially in the field of agribusiness industry. At present, agricultural sector becomes a very important support for recovering Indonesian economy. Under the PVP Law, to… Read More
Geographical Indications
In Indonesia, the provisions on geographical indications are stipulated in the Marks Law. The geographical indication is defined as a sign indicating the area of the origin of goods which, by virtue of geographical factor including natural factor, human factor, or the combination of the two factors, gives certain characteristics and quality to the goods… Read More
Registration Procedure
For the registration of a mark, an application is to be submitted in the Indonesian language to DGIPR, enclosing the required documents such as a Power of Attorney, a Declaration of Ownership and 25 labels of the mark concerned. If the applicant resides outside Indonesia, the application must be filed through the Indonesian proxy by… Read More
Marks
The law on marks is Law Number 15 of 2001 covering marks for goods and services. This Marks Law adopts a first-to-file principle in which the State grants the right of mark to a person who has registered his or her mark at DGIPR. A mark cannot be registered for some following reasons: ·The applicant… Read More
INTE LLECTUAL PROPERTY RIGHTS (“IPRs”)
Indonesia is a party to various conventions relating to IPRs such as the Berne Convention, Paris Convention, Convention Establishing the World Intellectual Property Organization, WIPO Copyrights Treaty, International Convention for the Protection of New Plant Varieties, Patent Cooperation Treaty, and World Trade Organization (“WTO”) Agreement including the Agreement on Trade-related Aspects of Intellectual Property Rights… Read More
