This Internship Report discusses the regulation of share acquisitions in private companies and the procedures for share acquisitions in private companies in Indonesia. The purpose of this report is to examine the regulatory framework and procedures governing corporate actions, specifically share acquisitions, in Indonesia. In the context of Indonesian regulations, the legal basis for the corporate action of share acquisition is Law No. 40 of 2007 concerning Limited Liability Companies, as amended by Law No. 6 of 2023 on the Stipulation of Government Regulation in Lieu of Law No. 2 of 2022 concerning Job Creation into Law (“Company Law”). In addition to this, the implementation of share acquisitions must also comply with other relevant regulations, as elaborated in this Internship Report. The procedures for share acquisitions in private companies are governed by the provisions set forth in the Company Law, while also taking into account preliminary requirements and stipulations determined during the due diligence process for the purpose of share acquisition. The method use in this report is by actively participating, observing, and engaging in day to day corporate transaction to be able to analyze the gap and issue raised in this Internship Report.