A RUPS (Rapat Umum Pemegang Saham) is a mandatory shareholders’ meeting where key corporate decisions are made, including financial approvals, share transfers, and company structure changes. It ensures transparency and compliance with corporate governance laws.
As RUPS is legally required for major corporate decisions, failure to conduct a proper meeting may result in regulatory non-compliance. If you need assistance with corporate legalities, consider our company compliance services.
Notes:
- RUPS is required for approving major business decisions.
- Meeting minutes must be recorded and submitted for legal documentation.