Browsing Vol. 8 No. 1 Juni 2021 by Subject "Penanaman Modal Asing"
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Legal protection and consequences on company status in relation to change of shareholders’ citizenship
(LPPM UPH Kampus Surabaya, 2021-05-28)On one hand, Investment Law No 25 of 2007 identifies a company as foreign-owned if any of its shares are owned by foreign individuals or entities. Indonesian shareholders who forfeit their citizenship cause alteration in ...