PROCEDURE OF CHANGE OF DIRECTOR/COMMISSIONER

Timeline and Requirement

Approximate
No. Process Remarks Required documents
Timeline
a. will prepare the draft upon
receiving the company Company’s Documents/ Information
documentation. - Scan colour copy of Company’s Deed of
b. This final draft will need to be Establishment and its MOLHR
executed by all of Shareholders. approval/acknowledgement;
The Director of each company will - Scan colour copy of all Company’s Deed
Preparing the
1. 2 working days represent each shareholder (if the of Amendment and its MOLHR approval;
Shareholders Resolution
Shareholder is an entity). - Scan colour copy of valid Company Tax
c. The Shareholders Resolution ID (“NPWP”); and
should be notarized and legalized - Scan colour copy of Company’s Principle
by Indonesian Embassy at place of License;
execution. - Scan colour copy of Company’s Business
License;
Upon receiving the fully executed - Scan colour copy of any amendment of
Set out the Shareholder
shareholder resolution, - will liaise Company’s BKPM License; and
2. Resolution into Notary 3-5 working days
with Notary Public to make in to - Username and Password of BKPM Online
Deed
Deed. SPIPISE.

Shareholder of the Company

The Notarial Deed will be - For Entity
submitted to the MOLHR to obtain o Scan colour copy of Article of
Ministry of Law and Ministry’s acknowledgement.
Human Rights Association of the Shareholders;
3. 3 working days o Scan colour copy of Certificate of
(“MOLHR”)
Acknowledgement Incorporation;
o Scan colour copy of Company Profile
(e.g., ACRA/Bizfile in Singapore);
o Scan colour copy of Director List; and
o Scan colour copy of Passport of
 Directors;

- For Individual
o Scan colour copy of Passport - if the
shareholder is a foreign citizen; and
o Scan colour copy of Electronic Indonesia
Identity Card (“E-KTP”) and Personal
Tax ID (“NPWP”) if the shareholder is
an Indonesia citizen;

ID of Director and Commissioner of the

Company
Updating Company Data - will input the Company data into - The Deed of Establishment and all
(Updating Business the OSS electronic system. The amendments of Article of Association
5. 1-2 working days
Identification Number output of this process is an updated - Username and password of the OSS
“NIB”) on OSS System NIB Account of the Company