Approval for the Transfer of Participating Interest.

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UMKU PB Detail

Parameter: -

Authority: -

Requirements

  1. Letter of Application to the Minister of ESDM through SKK Migas/BPMA

    2. Duration: -

  2. Copies of agreements between the parties regarding the transfer of interest (deed of assignment)

    3. Duration: -

  3. Copies of the articles of incorporation of the receiving interest company

    4. Duration: -

  4. Copies of the Beneficial Ownership register of the receiving interest

    5. Duration: -

  5. Company profile and identity of the parent company of the receiving interest in case there is a parent company of the receiving interest

    6. Duration: -

  6. Data Utilization Permit

    7. Duration: -

  7. Data Confidentiality Agreement

    8. Duration: -

  8. Organization Structure of the Receiving Interest Company

    9. Duration: -

  9. Tax Identification Number (NPWP) of the receiving interest company and the officers of the receiving interest company

    10. Duration: -

  10. Sales and Purchase Agreement or similar documents underlying the interest transfer transaction

    11. Duration: -

  11. Financial Reports for the last 3 years audited by a public accountant or financial reports from the parent company for the receiving interest company whose establishment is less than 3 years

    12. Duration: -

  12. Report of the equivalent quantitative value of the percentage of interest transferred, signed by both parties

    13. Duration: -

Obligations

  1. Confirmation of ownership interest report to the Minister of ESDM after 14 days of the implementation of the transfer of Participation Interest

    2. Duration: -

Sector: Energy and Mineral Resources.
Status: Not available
Belongs to: All KBLI

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