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16 March 2026 by IABF Law Firm - Indonesia
The concept of beneficial ownership has become an essential component of modern corporate governance, aimed at increasing transparency regarding individuals who ultimately control or benefit from a corporation. In Indonesia, this principle is reinforced through Minister of Law and Human Rights Regulation No. 2 of 2025 on the Verification and Supervision of Corporate Beneficial Owners (“Regulation 2/2025”) and Minister of Law and Human Rights Regulation No. 49 of 2025 concerning Requirements and Procedures for the Establishment, Amendment, and Dissolution of Limited Liability Companies (“Regulation 49/2025”).