This book is the result of a rare collaboration between an academic and a corporate lawyer with recognized expertise in the field of corporate law. So, this book has a distinctive feature as it provides egual coverage of both theoretical and practical sides about various forms of business entities operating under the Indonesian laws. Moreover, apart from having a comparative approach with other jurisdictions, it also discusses the relevant Indonesian court decisions to provide additional perspective on how the judges interpret the provisions on the company laws. Thus, the readers will get a comprehensive and unparallel legal perspective of these business entities. Furthermore, this book has reflected the latest legal developments, including after the enactment of the first Omnibus Law in Indonesia on job creation in November 2020. The establishment of a business entity in Indonesia, including business licensing, is rarely discussed in a comprehensive book. This book offers this effort to readers, especially investors, to fully understand and be updated on how the establishment, registration, and licensing process for a business entity are carried out. Although this book is informative at first glance, the authors in each chapter provide critical analysis of the present law and practice to enable the readers to Understand the differences, risks, and tensions related to a particular form of business entity and corporate governance. So, this book is also suitable for those who want to keep abreast of new developments in this field.