Can a General Shareholders' Meeting Be Held Online?

A General Meeting of Shareholders (GMS) may be held through teleconference, video conference, or other electronic media, including online platforms such as Zoom.

Article 77 paragraph (1) of Law Number 40 of 2007 on Limited Liability Companies allows an electronic GMS if the media enable all participants to see and hear one another directly and to participate in the meeting.

Therefore, a GMS may be held online as long as the electronic media meet the requirements in Article 77 paragraph (1).