Category: Newsflash

  • NewsflashJuly 20, 2020

    Tax Incentives for Gross-Split Production Sharing Contracts in Oil and Gas Sector

    On June 16, 2020, the Minister of Finance (the “MOF”) issued Regulation No. 67/PMK.03/2020 of 2020 on Provision of the Incentives of Value-Added Tax or Value-Added Tax and Luxury-Goods Sales Tax, and Land and Building Tax on Upstream Oil and Gas Business Activity through Gross-Split Production Sharing Contracts (“Regulation 67/2020”). Regulation 67/2020 is an implementing Read more…

  • NewsflashJuly 10, 2020

    Income Tax Reduction for Eligible Public Companies Re-Regulated

    On June 19, 2020, the Government issued Government Regulation No. 30 of 2020 dated June 19, 2020 on the Reduction of Income Tax Fee for Domestic Corporate Taxpayers in the Form of Public Companies (“GR 30/2020”). GR 30/2020 is an implementing regulation of Article 5(3) of Law No. 2 of 2020 dated May 18, 2020 Read more…

  • NewsflashJuly 9, 2020

    VAT Over Use of Imported Digital Products and Services-Further Regulation

    The awaited the Director General of Taxation (“DGT”) regulation on the value added tax (“VAT”) on imported digital products and services was issued on June 25, 2020. This is the DGT Regulation No. PER-12/PJ/2020 of 2020 dated June 25, 2020 on Certain Defined Criteria of Collectors and Appointment of Collectors, Collection, Payment, and Reporting of Read more…

  • COVID-19 INSIGHTS CENTER/ NewsflashJuly 8, 2020

    DKI Jakarta PSBB Transition Period Extended; Workplaces Guidance

    On July 2, 2020, with the issuance of Governor of DKI Jakarta Decree No. 647 of 2020 on Extension of Enforcement, Phase, and Implementation of Large-Scale Social Restrictions Activities at Transition Period Towards Healthy, Safe, and Productive Community (the “Decree”) the Governor of DKI Jakarta officially extended the implementation of its transitional phase of the Read more…

  • NewsflashJune 29, 2020

    A New Regulatory Framework for Indonesia’s E-Commerce Sector: Licensing Requirement and Threshold of Foreign E-commerce Business

    Recognizing the rapid development of e-commerce sector in Indonesia, the Indonesian Government issued the Government Regulation No. 80 of 2019 on Trading through Electronic System (“GR 80/2019”) on November 20, 2019, with the intention to improve the governance of e-commerce sector. GR 80/2019 regulates broad aspects of the e-commerce business in Indonesia — from general Read more…

  • NewsflashJune 5, 2020

    Supervision of Food and Drugs Distributed Online

    The National Agency of Drug and Food Control (Badan Pengawas Obat dan Makanan or “BPOM”) issued its Regulation No. 8 of 2020 dated April 7, 2020 on the Supervision of Drugs and Food Distributed Online (“BPOM Reg. 8/2020”) as an implementing regulation as referred to in Article 35 paragraph (3) of Government Regulation No. 71 Read more…

  • NewsflashJune 3, 2020

    OJK Issues New Regulations on General Meeting of Shareholders using Conventional and Electronic Means

    On April 21, 2020, the Indonesia Financial Service Authority (Otoritas Jasa Keuangan or “OJK”) issued 2 (two) new regulations in relation to the General Meeting of Shareholders for Public Companies (“GMS”), as follows: OJK Regulation No. 15/POJK.04/2020 dated April 21, 2020 on Planning and Implementation of GMS for Public Companies (“OJK Reg. 15/2020”) – replacing Read more…

  • COVID-19 INSIGHTS CENTER/ NewsflashMay 29, 2020

    E-Signature in the COVID-19 Crisis: Adapting to the (Not So) New Normal

    As the COVID-19 pandemic forces people to adopt homeworking and physical distancing, digital transformation is no longer a mere option. In the past few months, we have witnessed how most businesses have departed from the traditional in-person meetings to virtual meetings, working through online collaborations, and hosting seminars and forums through digital means. The signing Read more…

  • COVID-19 INSIGHTS CENTER/ NewsflashMay 20, 2020

    BPN Allows Ease to Extend Land Titles and Land Registration in Response to the COVID-19 Pandemic

    The Minister of Agrarian Affairs and Spatial Planning/Head of National Land Agency (Kementerian Agraria dan Tata Ruang/Badan Pertanahan Nasional or “BPN”) issued its Decree No. 88.1/SK-HR.01/IV/2020 dated April 16, 2020 on Extension of the Validity of Land Titles and the Registration for Granting, Extension, or Renewal Decrees of Land Titles that Have Expired or Will Read more…

  • Newsflash

    Use of Imported Digital Products and Services Will Be Subject to Value Added Tax

    The Minister of Finance (the “Minister”) enacted Minister Regulation No. 48/PMK.03/2020 of 2020 dated May 5, 2020 on the Procedures to Appoint Collectors, Collection as well as Reporting of Value-Added Tax (“VAT”) on Utilization of Taxable Non-Tangible Products and/or Services from Outside the Custom Area through Electronic System Trading within the Custom Area (the “Regulation”). Read more…


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