Knowing Joint Venture Companies in FDI Indonesia

  

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Basic Requirements for Foreign Direct Investment in Indonesia", "Understanding 5 Steps Foreign Direct Investment In Indonesia", you may read also "Overview of Special Economic Zones and Integrated Industrial Zones in Indonesia" and on this occasion we will discuss about 'Knowing Joint Venture Companies in FDI Indonesia'.

FDI or "Foreign Direct Investment" is a form of investment carried out by a company from one country to invest its capital over a long period of time into a company in another country. So this foreign direct investment involves two countries at once.[1]

There are various forms of FDI, one example is a joint venture, this joint venture is the ownership of a company that is jointly owned by two or more countries.[2] Examples of this joint venture include PT Nestle Indofood Citarasa Indonesia which is a company formed between PT Nestle Indonesia and PT Indofood CBP Sukses Makmur Tbk. And many more. The most important legal basis for the formation of this joint venture company is the Investment Law and the Limited Liability Company Law. And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "FDI DI INDONESIA", bbs.binus.ac.id., Diakses pada tanggal 20 April 2024, Link: https://bbs.binus.ac.id/ibm/2017/11/fdi-di-indonesia/

2. Ibid.

Basic Requirements for Foreign Direct Investment in Indonesia

  

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Suspect Still Underage, Murder Case in Germany Closed", "Understanding 5 Steps Foreign Direct Investment In Indonesia", you may read also "Overview of Special Economic Zones and Integrated Industrial Zones in Indonesia" and on this occasion we will discuss about 'Basic Requirements for Foreign Direct Investment in Indonesia'.

For foreign investors who wish to invest their capital in Indonesia, they must establish a company based on the business fields listed in the KBLI (Standard Classification of Indonesian Business Fields). This foreign company is in the form of a PT (Limited Liability Company) which is owned by at least two shareholders, either individuals or companies. Furthermore, investors must pay attention to the guidelines for closed and open business fields with the requirements for foreigners as stated in Presidential Decree No. 44 of 2016. If the business field is not listed on the list, it means foreign share ownership can be up to 100%.[1]

What is the minimum value of foreign investment in Indonesia? The minimum value of foreign investment in Indonesia is IDR 10 billion (excluding land and building prices). The minimum amount of capital paid into a bank in Indonesia is IDR 2.5 billion.[2] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Penanaman Modal Asing di Indonesia", investindonesia.go.id., BKPM, Diakses pada tanggal 11 April 2024, Link: https://investindonesia.go.id/id/artikel-investasi/detail/penanaman-modal-asing-di-indonesia

2. Ibid.

Suspect Still Underage, Murder Case in Germany Closed

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Strange Divorce Case Because of Coffee", "Prices of Houses that Foreigners Can Buy and Own in Indonesia", you may read also "How To Buy Land In Indonesia?" and on this occasion we will discuss about 'Suspect Still Underage, Murder Case in Germany Closed'.

Reported by the AFP news agency, the victim, known only as Luise, disappeared in March after leaving a friend's house near the town of Freudenberg, in the state of North Rhine-Westphalia. His body was found with multiple stab wounds the next day in a forest area, not far from his house. Two girls aged 12 and 13 who knew Luise later confessed to the murder. Investigators said there was no sign that a third party was involved in the stabbing.[1]

German prosecutors said they had closed the murder case involving two minors. The two girls admitted to stabbing to death a 12 year old girl. This case was closed because the perpetrator of the murder was too young to be held criminally responsible. In Germany, the age of criminal responsibility begins at 14 years old.[2]

After the murder, the schoolgirls were placed under the care of juvenile welfare authorities. According to local authorities, they are currently housed in a "therapy facility" and receiving school lessons there. The case revived memories of the 1993 murder of two-year-old James Bulger in England. The boy was kidnapped and tortured before being killed by two 10-year-old boys, Robert Thompson and Jon Venables.[3] And if you have any legal issue in Indonesia territory, contact us then, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Geger Pembunuhan Anak di Jerman, Kasusnya Kini Ditutup", news.detik.com., Rita Uli Hutapea, Selasa, 12 Sep 2023 15:04 WIB, Diakses pada tanggal 15 Maret 2024, Link: https://news.detik.com/internasional/d-6926937/geger-pembunuhan-anak-di-jerman-kasusnya-kini-ditutup

2. Ibid.

3. Ibid.

Strange Divorce Case Because of Coffee

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Not Paying 3 Months' Rent, Man Allegedly Locked by Apartment Owner Until He Starved to Death", "How to submit a divorce lawsuit in Indonesia", you may read also "Another Unique Case, Judge Marrying Divorce Plaintiff Becomes Second Wife" and on this occasion we will discuss about 'Strange Divorce Case Because of Coffee'.

The first coffee shop was founded in Istanbul, the capital of Turkiye in the era of the Ottoman Empire in 1554. Coffee shops then began to open one by one in every region of the empire. Each shop also has a different concept, for example porter coffee shop, artisan coffee shop, janisari coffee shop, and tulumbac coffee shop. Increasingly, these shops are not just places to drink coffee. Coffee shops are also places where people gather and socialize, discussing various things, including political matters.[1]

When coffee shops developed in the Turkiye region, only men could go and drink in coffee shops. Women could only drink coffee at home or in the bathhouse. To get coffee, wives depend on gifts from their husbands. Therefore, a wife who is not satisfied with her husband's gift of coffee can divorce her partner according to legal regulations.[2]

The Ottoman Empire issued a regulation stating that men could consume coffee. However, if a husband does not bring enough coffee to his house, then his wife has the right to sue him.[3] And if you have any legal issue in Indonesia territory, contact us then, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Di Abad Ke-16, Istri di Turkiye Bisa Gugat Suami karena Kopi yang Kurang Enak", Kompas.com., Tim Redaksi: Erwina Rachmi Puspapertiwi & Inten Esti Pratiwi, tanggal: 11/09/2023, 08:15 WIB., Diakses pada tanggal 15 Maret 2024, Link:  https://www.kompas.com/tren/read/2023/09/11/081500365/di-abad-ke-16-istri-di-turkiye-bisa-gugat-suami-karena-kopi-yang-kurang?page=all.

2. Ibid.

3. Ibid.

Not Paying 3 Months' Rent, Man Allegedly Locked by Apartment Owner Until He Starved to Death

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Expired Indonesia Driving License Can be Extended, Note the Conditions!", "A Man In Surabaya Jailed For Stealing His Own Car", you may read also "Prices of Houses that Foreigners Can Buy and Own in Indonesia" and on this occasion we will discuss about 'Not paying 3 months' rent, man allegedly locked by apartment owner until he starved to death'.

Have you ever been late paying your rent for a house or apartment? What experiences have you had and what the unit owner did when you were late paying? A man in Malaysia had a bad experience. He starved to death because he was allegedly locked from the outside by the apartment owner. This incident was widely discussed in Malaysia. His body was found by neighbors in July 2023. "It is believed that the owner locked it because the victim did not pay rent for 3 months".[1]

The victim, who was a 40-year-old private driver, was reportedly unable to seek help because he did not have enough money to buy telephone credits. However, it is not clear whether the apartment owner knew there was someone inside or not when he locked the door. The victim's lawyer said that, despite the fact that the tenant could not pay, the owner could not immediately lock the apartment door because it was potentially dangerous and could cause death. In addition, he said, it is also a form of imprisonment.[2]

"If the tenant defaults, the owner can obtain a court order through the courts, or handle it through a small lawsuit," he explained further. “Tenants should not be locked out”. "We have just taken up the case and will submit it to court as soon as possible to seek justice for the deceased," he added.[3] And if you have any legal issue in Indonesia territory, contact us then, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Tak Bayar Sewa 3 Bulan, Pria Diduga Dikunci Pemilik Apartemen Hingga Mati Kelaparan", www.detik.com., Zulfi Suhendra, Minggu, 13 Agu 2023, Diakses pada tanggal 14 Maret 2024, Link: https://www.detik.com/properti/berita/d-6873312/tak-bayar-sewa-3-bulan-pria-diduga-dikunci-pemilik-apartemen-hingga-mati-kelaparan

2. Ibid.

3. Ibid.

Expired Indonesia Driving License Can be Extended, Note the Conditions!

 

(iStock)

By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Golden Visa and Possible Implementation in Indonesia", "A Man In Surabaya Jailed For Stealing His Own Car", you may read also "Be Careful Using AI, You Will be in Trouble for Citing Non-existent Jurisprudence" and on this occasion we will discuss about 'Expired Indonesia Driving License Can be Extended, Note the Conditions!'.

Renewal of expired driving licenses (SIM/Surat Ijin Mengemudi) can be done starting Wednesday (13/3/2024). The expired driver's license extension service is related to the National Holiday (Nyepi Day 2024). But not all expired SIMs can renew on Wednesday. Only SIMs that expire during national holidays can be extended.[1]

A dead driving license (SIM) has actually expired so if the validity period has passed, the owner must issue a new SIM with a re-examination. SIM owners who are late in renewing their license by even one day are required to renew it using a new SIM issuance mechanism. This is stated in Police Regulation number 5 of 2021 concerning the Issuance and Marking of Driving Licenses article 4.[2]

To extend a driver's license, there are several requirements that the applicant must fulfill. The details are as follows:[3]

1. Previous SIM card;

2. Resident Identity Card (KTP);

3. Physical health examination results;

4. Psychological test results;

5. A photo with a blue background, not a selfie;

6. Photo of the signature on plain white paper with thick ink.

And if you have any legal issue in Indonesia territory, contact us then, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "SIM Mati Bisa Diperpanjang Mulai Pekan Depan, Catat Syaratnya!", oto.detik.com., Dina Rayanti, Sabtu, 09 Mar 2024 10:47 WIB, Link: https://oto.detik.com/berita/d-7233101/sim-mati-bisa-diperpanjang-mulai-pekan-depan-catat-syaratnya.

2. Ibid.

3. Ibid.