top of page
Establishment of Foundation
A foundation is a legal entity formed to achieve certain goals in the social, religious and humanitarian fields. The foundation has no members and its wealth is separated to achieve these goals.
-
Clear purpose: The foundation's purpose must be social, religious, or humanitarian.
-
Articles of Association: A document containing the rules of the game of the foundation.
-
Initial Wealth: The foundation must have an initial capital.
-
Organizational Structure: The board and trustees must be clear.
-
Special License: If needed, according to the type of activity.
-
Documents: Deed of establishment, articles of association, KTP/NPWP of the management, proof of domicile, etc.
bottom of page