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UNOFFICIAL TRANSLATION
BY IVES
MARCH 2003LAW OF THE REPUBLIC OF INDONESIA
NUMBER 12 YEAR 2003
CONCERNING
GENERAL ELECTIONS FOR THE MEMBERS OF THE PEOPLES
REPRESENTATIVE COUNCIL, THE REGIONAL REPRESENTATIVE
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What is by ifes?
{'answer': 'By ifes stands for Beneficial Ownership Information for Companies and is a requirement for companies to disclose their beneficial owners.'}
Who is required to file by ifes?
{'answer': 'All companies are required to file by ifes and disclose their beneficial owners.'}
How to fill out by ifes?
{'answer': 'By ifes can be filled out online through the designated government portal with the necessary information about the beneficial owners of the company.'}
What is the purpose of by ifes?
{'answer': 'The purpose of by ifes is to increase transparency and prevent money laundering and terrorist financing by disclosing the beneficial owners of companies.'}
What information must be reported on by ifes?
{'answer': 'Companies must report information about their beneficial owners, including their names, addresses, and percentage of ownership.'}
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