FKNK Law Firm

Being listed as a shareholder in a company deed does not automatically prove capital was ever injected. Under Indonesia's Company Law, valid proof of capital contribution requires bank deposit evidence, audited financials, or a signed balance sheet not just administrative registration. FKNK Law Firm explains why this distinction matters and what it means for shareholders in the event of a dispute.

Indonesia's OJK has rolled out a dedicated regulatory framework for Buy Now Pay Later (BNPL) financing through POJK 32/2025 and PADK 2/2026, now fully in force. The rules set strict requirements on who can offer BNPL, mandatory product features, debtor eligibility, and capped repayment ratios. FKNK Law Firm breaks down what Financing Companies need to know to stay compliant ahead of the 1 July 2026 enforcement deadline.

Indonesia's Law No. 4 of 2026 reshapes who can own shares in the Indonesian Stock Exchange, opening ownership beyond Exchange Members and formally recognizing demutualization for the first time. The amendment also creates a legal basis for the Ministry of Finance, Bank Indonesia, and Danantara to become shareholders. FKNK Law Firm breaks down what this regulatory shift means for capital markets stakeholders and what to watch for as OJK prepares its implementing regulations.