Category: Newsflash

  • NewsflashSeptember 15, 2017

    Procedures for Land Freeze and Land Seizure

    On August 9, 2017, the Minister of Agrarian Affairs and Spatial Planning (“Minister”)/Head of the National Land Agency (“Head of BPN”) issued Regulation No. 13 of 2017 on Procedures for Land Freezes and Land Seizures to administer and record Land Freeze or Land Seizure during disputes affecting land title. ♦ Land Freeze Land Freeze is Read more…

  • NewsflashMay 20, 2017

    Newsflash on Permanent Establishment for Foreign OTT Providers

    On February 6, 2017, the Director General of Tax stipulated Circular Letter No. 04 of 2017 on the Determination of Permanent Establishments for Foreign Tax Subjects Which Are Providers of Applications and/or Content Services Through the Internet. This Circular Letter is intended to provide guidance and uniformity in determining Permanent Establishment status as regards Foreign Read more…

  • NewsflashMarch 29, 2017

    New Minimum Wage for Certain Sectors for DKI Jakarta Province

    The Governor of DKI Jakarta Province stipulates a new provincial sectoral minimum wages (“UMSP”) that apply to certain sectors in DKI Jakarta Province under the Governor Regulation No. 20 of 2017 dated February 14, 2017 on Provincial Sectoral Minimum Wages for 2017 (the “Regulation”). The Regulation stipulates 3 (three) following sectors that have to comply Read more…

  • NewsflashMarch 28, 2017

    Tax Amnesty Reporting Provisions Changed

    On September 23, 2016, the Ministry of Finance issued Regulation Number 141/PMK.03/2016 (“Amendment”) amending Regulation Number 118/PMK.03/2016 (“MOF Reg. 118/2016”) concerning the Implementation of Law Number 11 of 2016 on Tax Amnesty. Tax Amnesty is designed to increase State revenues by facilitating payment of back taxes. The purpose of the Amendment is to further encourage Read more…

  • NewsflashFebruary 17, 2017

    Gross Split Production Sharing Contracts

    On January 16, 2017, the Minister of Energy and Mineral Resources issued Regulation No. 8 of 2017 dated regarding Gross Split Production Sharing Contracts (“MEMR Reg. 8”). MEMR Reg. 8 partially revokes MEMR Regulation No. 38 of 2015 regarding Acceleration of Non-Conventional Oil & Gas Business, which remains in force, except for provisions related to Read more…

  • NewsflashFebruary 7, 2017

    Foreign NGOs Regulated Further

    To further regulate the permits and validation of nongovernmental organizations (NGOs) established by foreign parties, as stipulated under of Law No. 17 of 2013 on Social Organizations, the Government of Indonesia has issued Regulation No. 59 of 2016 on Social Organizations Established by Foreigners. ♦  Regulated Organizations The regulation applies to organizations established by foreigners Read more…

  • NewsflashNovember 3, 2016

    Electronic Information Law Amended

    The House of Representatives has passed a bill amending Law No. 11 of 2008 on Electronic Information and Transactions (“EIT Law”) in order to address issues that have developed in the electronic information sector over the past year. The main amended provisions are as follows: Definition of Electronic Systems Provider; Use of electronic information and Read more…

  • NewsflashAugust 1, 2016

    Government Proposes Regulation for Internet-Based Applications and Content Services

    Rapid growth in the telecoms sector, mainly triggered by the penetration of Internet usage, will continue and certainly accelerate in the future. The emergence of Over-The-Top (“OTT”) services, i.e., online content, applications and services, has rapidly allowed telecoms customers to access numerous services in addition to basic fixed and mobile telephony. At the same time, Read more…

  • NewsflashFebruary 22, 2016

    OJK Regulation on Disclosure of Material Information

    The Indonesian Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued OJK Regulation No. 31/POJK.04/2015 on December 22, 2015 regarding Disclosure on Material Information or Facts by Issuers or Public Companies (“POJK No.31/2015”). POJK No.31/2015 replaces the previous regulation issued by the Head of Capital Market Supervisory Body (“Bapepam”) under the Decision No. KEP-86/PM/1996 regarding Read more…

  • NewsflashFebruary 19, 2016

    New OJK Regulation on Rights Issue

    The Indonesian Financial Service Authority (Otoritas Jasa Keuangan –“OJK”) issued OJK Regulation No. 32/POJK.04/2015 regarding Increase of Capital for Public Companies with Rights Issue (“POJK No. 32/2015”). On December 22, 2015, the new rule replaces two previous regulations regarding rights issue that were issued by the Head of Capital Market Supervisory Body (“Bapepam”): (i) Decision Read more…


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