We have provided below the Frequently Asked Questions (FAQ) regarding amendments of manpower law provisions pursuant to Law No. 11 of 2020 on the Job Creation (“Omnibus Law”). 1. What are employment-related legal frameworks that have been amended by the Omnibus Law? In the employment sector, Omnibus Law amended 4 (four) laws, which are: Law […]
In this May edition, our Legal Insight confers the general overview on the newly introduced business licensing regime, risk-based approach. This new regime is stipulated under Government Regulation (“GR”) No. 5 of 2021 on the Implementation of Risk-Based Business Licensing (“GR 5/2021”) that revokes the previously existing legal framework of GR No. 24 of 2018 […]
In respect to the promulgation of Law No. 11 of 2020 on the Job Creation (“Law 11/2020”), commonly known as Omnibus Law, the government has issued Government Regulation No. 5 of 2021 on the Implementation of Risk-Based Business Licensing (“GR 5/2021”). GR 5/2021 stipulates a new approach in business licensing, based on business risk assessment. The main […]
In this April edition, we provide a recap of Indonesia’s new regulations enacted in January 2021 – March 2021 and an executive summary related thereto. We have classified the list of regulations to number of sectors such as general corporate, manpower, banking and financial services, taxation, etc. You can read our regulations update here. We […]
Apr 13, 2021 It is important that an agreement that has been made and entered between two or more parties is binding and must be adhered to by the parties involve. This is clearly stipulated under article 1338 of the Indonesian Civil Code (“Civil Code”). Prof. Subekti is a reputable person in this field of […]
Apr 09, 2021 The government has just recently issue Government Regulation No. 56 of 2021 on Song and/or Music Copyrights Royalties Management (GR 56/2021). This regulation which serves as the implementing regulations of Law No.28 of 2014 is promised to provide clearer guidelines on the royalties distribution management for copyright owners specifically from song/music industries. […]
Indonesia and Denmark on the occasion of the Zoom Meeting webinar organized by the Directorate General of Intellectual Property in Jakarta in March 2021, have expressed their special interest in raising awareness on intellectual property laws in their respective countries. The specific targets of socialization in raising awareness are Small and Medium Enterprises (UKM), private companies […]
On 26 October 2020, Indonesia’s government has promulgated a new stamp duty law through Law No.10 of 2020 on Stamp Duty which comes into effect on 1 January 2021 (“Law 10/2020”). The promulgation of Law 10/2020 has repealed and replaced the previous regulation, Law No.13 of 1985 on Stamp Duty (“Law 13/1985”). We provide below […]
Indonesia’s omnibus law has been promulgated through Law No. 11 of 2020 on the Job Creation on 2 November 2020 (“Law 11/2020”). Law 11/20 introduces significant adjustments to Indonesia’s laws by establishing new provisions on the investment ecosystems and amends 78 (seventy-eight) existing laws. To see the complete list of the amended laws, please click […]
On 3 December 2020, Indonesia’s government has addressed several types of COVID-19 vaccine which are permitted to be used within the Indonesia area through a decree issued by the Minister of Health of the Republic of Indonesia (“MoH”). Legal Frameworks: Our below executive summary refers to MoH Decree No. HK.01.07/MENKES/9860/2020 on the Determination of Vaccine Types for […]
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often theconventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get it […]
