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Since the enactment of the Job Creation Law, more entrepreneurs are opting to establish Sole Proprietorship Companies (Individual Companies). According to this law, a Sole Proprietorship Company is a limited liability company founded by a single individual who acts as both the shareholder and Director to meet the requirements as a micro or small business.
Bisnis

What You Need to Know About Individual Companies

Since the enactment of the Job Creation Law, more entrepreneurs are opting to establish Sole Proprietorship Companies (Individual Companies). According to this law, a Sole Proprietorship Company is a limited liability company founded by a single individual who acts as both the shareholder and Director to meet the requirements as a micro or small business.

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In the business realm, a term sheet document plays a crucial role as the foundation of investment agreements between companies and investors. However, understanding the terms used in a term sheet often presents its own challenge. Below are some terms that need to be recognized to understand the important clauses in a term sheet:
Bisnis

Let’s Get to Know the Terms in a Term Sheet

In the business realm, a term sheet document plays a crucial role as the foundation of investment agreements between companies and investors. However, understanding the terms used in a term sheet often presents its own challenge. Below are some terms that need to be recognized to understand the important clauses in a term sheet:

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The NIB registration process is not actually complicated. It involves a series of administrative steps that must be taken by MSME actors. The initial step is to gather important documents, such as business owner identification, company establishment deeds (if applicable), business legality documents, and other supporting documents. Once these documents are prepared, the next step is to submit the registration to the relevant authority, such as the Tax and Company Registration Authority (BPPT) or the local Licensing Agency. After the verification process is completed, MSME actors will be provided with a valid Business Identification Number (NIB), indicating that their business has been officially and legally registered with the government.
Bisnis

Procedure and Benefits of NIB Registration for MSME Owners

The NIB registration process is not actually complicated. It involves a series of administrative steps that must be taken by MSME actors. The initial step is to gather important documents, such as business owner identification, company establishment deeds (if applicable), business legality documents, and other supporting documents. Once these documents are prepared, the next step is to submit the registration to the relevant authority, such as the Tax and Company Registration Authority (BPPT) or the local Licensing Agency. After the verification process is completed, MSME actors will be provided with a valid Business Identification Number (NIB), indicating that their business has been officially and legally registered with the government.

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Determining the right term sheet strategy is a crucial step in a startup's journey. By understanding company objectives, selecting the right investors, and paying attention to important details such as capital structure, valuation, protective clauses, and exit requirements, you can help ensure the long-term success of your company.
Bisnis

Complete Guide to Crafting a Startup Term Sheet Strategy

Determining the right term sheet strategy is a crucial step in a startup’s journey. By understanding company objectives, selecting the right investors, and paying attention to important details such as capital structure, valuation, protective clauses, and exit requirements, you can help ensure the long-term success of your company.

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The Indonesian Ministry of Investment, represented by the Indonesia Investment Coordinating Board (BKPM), enacted BKPM Regulation No. 4 of 2021 on Licensing Guidelines and Procedures, which became effective on June 2, 2021. This regulation introduced a revised minimum paid-up capital requirement for Foreign Direct Investment Companies (PT PMA), stipulating that it must exceed IDR 10 billion per five-digit Indonesia Standard Industrial Classification (KBLI) business field and per project location, with certain exemptions applicable.
Bisnis

Clarifying Capital Requirements for PT PMAs

The Indonesian Ministry of Investment, represented by the Indonesia Investment Coordinating Board (BKPM), enacted BKPM Regulation No. 4 of 2021 on Licensing Guidelines and Procedures, which became effective on June 2, 2021. This regulation introduced a revised minimum paid-up capital requirement for Foreign Direct Investment Companies (PT PMA), stipulating that it must exceed IDR 10 billion per five-digit Indonesia Standard Industrial Classification (KBLI) business field and per project location, with certain exemptions applicable.

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Berdasarlan PP No. 43 Tahun 2011 tentang Tata Cara Pengajuan dan Pemakaian Nama Perseroan Terbatas minimal 3 kata dan dilarang menggunakan bahasa asing. Untuk PT Perorangan juga berlaku ketentuan yang sama.

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