Law No.11 of 2020 concerning Job Creation or also known as the Omnibus Law was ratified and promulgated on 2 November 2020 (“UU 11/2020”). Law 11/2020 has amended several laws at once. One of the laws amended in Law 11/2020 is Law No.40 of 2007 concerning Limited Liability Companies (“UUPT”). There are several provisions in […]
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