Abstract Indonesia has dualism approach regarding regulation on beneficial ownership (BO). Law on Capital Investment and Law on Limited Liability Company use the repressive approach which state nominee agreements are null and void and assert the absolute ownership of shareholding. whereas Presidential Regulation Number 13 of 2018 use accommodative approach which recognize BO existence... https://www.ealisboa.com/flash-sale-Santa-Cruz-Surfboard-Recycled-Cotton-great-price/