News andUpdates
News and Updates
February 10, 2023
Perppu Job Creation Series – Amendments to the Investment Law and Restatement of the Company Law
This Newsflash is a continuation of our previous Newsflash with respect to the issuance of a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or Perppu) No. 2 of…
January 6, 2023
Perppu Job Creation Series – Amendments to Manpower Law
The President issued a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-undang or “Perppu” in short) No. 2 of 2022 dated December 30, 2022 regarding Job Creation (“Perppu…
January 2, 2023
Job Creation Law Replaced by Perppu Job Creation
The President issued a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-undang or “Perppu” in short) No. 2 of 2022 dated December 30, 2022 regarding Job Creation (“Perppu…
November 28, 2022
Government Sets Minimum Wages to Increase at a Maximum of 10% for 2023
The Minister of Manpower (the “MoM”) enacted Regulation No. 18 of 2022 dated November 17, 2022 on Minimum Wages Stipulation for 2023 (“Regulation 18“) to allow the minimum wages in 2023 to rise up to…
November 16, 2022
Facilitation for Foreign Nationals in Acquiring Property
One of the provision stated in Law No. 11 of 2020 dated November 2, 2020 dated November 2, 2020 on Job Creation (“Job Creation Law”) is the facilitation of property acquisition for foreign nationals…
November 10, 2022
New Visa for Digital Nomad: The Second Home Visa
On October 25, 2022, the Directorate General of Immigration issued Circular Letter No. IMI-0740.GR.01.01 of 2022 on Granting of Second Home Visas and Limited Stay Permits (the “Letter”). The Letter…
October 9, 2022
Recommendation for RPTKA Ratification is No Longer Required
Due to the decreasing covid cases in Indonesia and to accelerate the national economic recovery, the Minister of Manpower issued Circular Letter No. M/4/HK.04/IX/2022 on Ratification of Plans for…
October 3, 2022
Bappebti Now Regulates Use of Robo Advisors in Futures Commodity Trading
With the growth of illegal investment platforms recently, the Indonesian Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or “Bappebti”) has blocked numerous…
October 3, 2022
Mandatory Tuberculosis Management in Workplaces
In an effort to eradicate Tuberculosis (“TB”) in Indonesia, employers now have additional obligations in connection with TB management. Recently, the Minister of Manpower (“MOM”) issued MOM…
September 22, 2022
The Highly-Awaited Indonesian Personal Data Protection Law Is Passed
After about seven years in the making, on September 20, 2022, the Parliament finally approved the Personal Data Personal Data Protection Bill (the “PDP Bill”) during the 5th Plenary Session of…