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Since 2003, there are two types of state-owned enterprises (SOEs) in Indonesia: Perusahaan Umum (Perum) (lit. 'public company'), are statutory public-benefit corporations with no shareholders. The main purpose of these SOEs is to provide goods and/or services to public. These firms are allowed to pursue profits.
Law of Indonesia is based on a civil law system, intermixed with local customary law and Dutch law.Before the British presence and colonization began in the sixteenth century, indigenous kingdoms ruled the archipelago independently with their own custom laws, known as adat (unwritten, traditional rules still observed in the Indonesian society). [1]
The Indonesian Chamber of Commerce and Industry (Indonesian: Kamar Dagang dan Industri Indonesia) or KADIN is an association of business organisations in Indonesia.Members of this organisation consist of entrepreneurs or a combination of national businesses from various sectors, both private-owned enterprises, cooperatives and government-owned enterprises.
According to historical records, a civil law called the Code Civil des Français was formed in 1804, in which most European referred to them as the Napoleon Code. [2] On 24 May 1806 the Netherlands became a French client state, styled the Kingdom of Holland under Napoleon's brother, Louis Bonaparte in which he was instructed by Napoleon to receive and enact the Napoleonic Code.
Trading company. Trading companies are businesses working with different kinds of products which are sold for consumer, business, or government purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to customers. Different kinds of practical conditions make for many kinds of business.
e. Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters ...
PT Perusahaan Perdagangan Indonesia (Persero) (lit. 'Indonesia Trading Company'), or PPI, is the only Indonesian state-owned trading house. Its business is in export, import and distribution. PPI was formed through the merger of three former so-called "Niaga" companies, state-owned trading companies PT Tjipta Niaga, PT Dharma Niaga and PT ...
The International Chamber of Commerce (ICC; French: Chambre de commerce internationale) is the largest, most representative business organization in the world. [2] ICC represents over 45 million businesses in over 170 countries who have interests spanning every sector of private enterprise. ICC's current chair is Philippe Varin [3] and John W.H ...