Dear Valuable Colleagues: In this December edition, our Legal Insight discusses the newly enacted regulation, the Statistics Indonesia Bureau/Badan Pusat Statistik (“BPS”)Regulation No. 2 of 2020 on Standard Indonesia Business Classification(KBLI 2020). This regulation was prepared by the BPS and relevant ministries to accommodate Indonesia’s emerging business activities. We hope you have good reading and should […]
On 9 November 2020, the Business Competition Supervisory/Komisi Pengawas Persaingan Usaha (“KPPU”) promulgates a new regulation that provides several relaxations on the law enforcement of the competition law regime (“Relaxation”). This regulation is endeavored to boost national economic recovery and to implement the provisions established under Law No. 2 of 2020 on the Promulgation of Regulation of Government in Lieu […]
On 8 October 2020, the Minister of Industrial Affairs of the Republic of Indonesia issued a new regulation which provides a guideline for the utilization of import-duty facilities borne by the government/Bea Masuk Ditanggung Pemerintah (“BMDTP Facility”). This new regulation is intended to support the implementation of the BMDTP Facility as provided by the Minister of […]
On 17 September 2020, the Minister of Manpower issues a decree that stipulates a guideline for the company to design its business continuity plan amidst the pandemic. The guideline aims to anticipate the impact of pandemic disease in numerous business sectors in order to reduce the spread of pandemic diseases while maintaining business continuity, especially […]
Dear Valuable Colleagues: In this November edition, our Legal Insight provides an executive summary of Indonesia’s new regulations enacted in July 2020 – September 2020. We have classified the list of regulations into a number of sectors such as general corporate, employment, banking and financial services, etc. We hope you have good reading and should […]
IR Global members collaborate with the Association of Corporate Counsel (ACC) to offer jurisdiction-specific advice on using external expertise effectively. In the following pages, you will hear from professionals in […]
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On 9 November 2020, the Business Competition Supervisory/Komisi Pengawas Persaingan Usaha (“KPPU”) promulgates a new regulation that provides several relaxations on the law enforcement of the competition law regime (“Relaxation”). This regulation is endeavored to boost national economic recovery and to implement the provisions established under Law No. 2 of 2020 on the Promulgation of Regulation of Government in Lieu […]
On 1 October 2020, the Ministry of Law and Human Rights (“MoLHR”) of the Republic of Indonesia has issued a new regulation in the issuance of visa and residency permit amidst the new normal. This regulation is in line with government’s efforts to support Indonesia’s national economic recovery as soon as possible. For your reference, […]
In this September edition, our Legal Insight discusses the new regulation regarding imposition of Value Added Tax (VAT) to any commercial transactions through the electronic system. Please follow our LinkedIn profile to find more frequent updates on the new regulations. We hope you find the articles useful. Please do feel free to contact us should you need further […]
We provide herein our articles titled “COVID-19 Pandemic: DKI Jakarta Reimposes Strict Large-Scale Social Restriction by 14 September 2020” which discuss the reimposition of Strict Large-Scale Social Restriction within DKI Jakarta area. Please be advised that some new measures may be implemented by the government on a daily basis to keep up with the ever-changing situation. Please follow […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Rexon Nainggolan of KAP Rexon Nainggolan & Rekan. Rexon has joined IR as our exclusive Audit & Assurance Services Member in Indonesia. KAP Rexon Nainggolan & Rekan (referred to as Rexon) is a reputable Indonesian auditing firm established by the decision of the Ministry […]
We provide herein our articles titled “COVID-19 Pandemic: Enforcement of Electronic Court Proceeding in Indonesia” which discuss the implementation of e-court and e-litigation system amidst the unfolding coronavirus pandemic. Please be advised that some new measures may be implemented by the government on a daily basis to keep up with the ever-changing situation. Please follow our LinkedIn profile to […]