When Corporate Declarations Could Become a Matter of Criminal Law Under Article 394 of Indonesia’s New Criminal Code
Can a foreign investor face criminal liability when a PT PMA is established using capital that exists only on paper? Across Bali, foreign investors establish PT PMAs for hospitality, property management, wellness, consulting, and other commercial activities. The incorporation process is frequently handled by notaries, company-incorporation agents, and legal advisors. Investors often receive a completed […]