Category: Due Diligence & Risk

A Family Office for an Indonesian Family: Passing Wealth Intact, and the Choice to Come Home

For an Indonesian family, a business passes to the next generation by inheritance, and Indonesian law decides how, within limits a will cannot override. This guide sets out the plural succession regimes and the reserved shares, what marriage does to a founder’s ownership, the domestic structures that pass a business on whole, and the choice… READ MORE →
Where to Base a Cross-Border Business in 2026: the PFII, an Onshore PT PMA, or a Regional Hub

Indonesia’s new PFII, an onshore PT PMA, Singapore, Hong Kong, Dubai through the DIFC, and Labuan, compared on tax, the owner’s residence, substance, treaty access, succession, the courts, and cost, with a match-by-situation guide and an eight-question FAQ. READ MORE →
Women Founders in Indonesia: When a Business Has to Close

Julie Wainwright closed Pets.com with around 147 million US dollars gone, and Sophia Amoruso watched Nasty Gal go bankrupt, and both built again. Our founder Tracy Wilkinson lost two thriving companies in a single night and spent years recovering. This final instalment on founders who change direction covers the failure that removes the choice: how… READ MORE →
Women Founders in Indonesia: Own It in Your Own Name

When Ike Farida was refused a Jakarta apartment she had paid for, because she was married to a foreigner with no agreement, she took the case to the Constitutional Court and won. Under Indonesian law a business built during marriage can be joint property. This instalment sets out how a prenuptial or postnuptial agreement lets… READ MORE →
Founder and Employee Equity in Indonesia: Vesting, Options, and Buy-Backs That Comply with the Rules

In Indonesia shares must be paid in full when they are issued, so a grant that vests through future work records unfunded capital that a buyer later inherits. This sets out the two funded designs, an option and reverse vesting, the Article 37 buy-back limits, the good-leaver and bad-leaver terms, the tax on exercise and… READ MORE →
Sweat Equity in an Indonesian Company: Why Effort Is Not Capital, and What Works Instead

In an Indonesian company, payment for shares must be money or an asset the company can value and receive, so personal effort cannot be paid-up capital. Sweat equity recorded as paid shares is unfunded capital, which a buyer later inherits. This sets out where an owned asset does qualify, the four lawful routes that reward… READ MORE →
Unpaid Share Capital in an Indonesian Company: The Obligation a Share Sale Does Not Erase

In an Indonesian company, the proof that shares were paid can be a statement the company signs itself, not a bank record. Unpaid share capital then survives a share sale, and a buyer of 100 percent inherits the shortfall. This sets out how the gap arises at incorporation, on a later increase, and through sweat… READ MORE →
Foreign Land Ownership in Bali: The Lines a Lawful Structure Will Not Cross

A nominee land arrangement is void under Indonesian law, and the exposure remains with the Indonesian named on the title. This article is written first for the Indonesian asked to be the front, and then for the foreign buyer, and it sets out the lawful routes to foreign land ownership in Bali, the harm a… READ MORE →
Online Gambling and the Indonesian Business: The Exposure to Owners, and the Duty to Employees

Online gambling is unlawful in Indonesia and reaches a business in two ways an owner rarely sees together: through the company’s money and accounts, and through staff who gamble, borrow, and bring the fraud and distress into work. This article sets out the legal position, the money-laundering and account-freezing exposure, the employer’s rights and duty… READ MORE →
Short-Term Lending for Indonesian Businesses: When It Bridges a Gap, and When It Masks a Loss

Short-term and online lending is lawful in Indonesia, and the same loan can bridge a genuine timing gap or mask a structural loss. This article sets out the routes an Indonesian business can reach, what each one costs against a bank line, the numbers that reveal which use it is, the rules that protect a… READ MORE →