News andUpdates
News and Updates
November 6, 2019
BPJS Premiums Increase by 100 Percent
On October 24, 2019, the Government officially increased the premium of the Healthcare and Social Security Agency (“BPJS Kesehatan”) under Presidential Decree No. 75 of 2019 on Amendments to…
October 31, 2019
New OJK Regulation on Anti-Money Laundering and Prevention of Terrorism Funding in Financial Services Sector
The Financial Services Authority (Otoritas Jasa Keuangan - “OJK”) issued OJK Regulation No. 23/POJK.01/2019 on September 30, 2019 (“POJK 23/2019”) to amend several provisions of the previous OJK…
October 21, 2019
BKPM to Launch Online Single Submission System (OSS) Version 1.1 on January 1, 2020
On October 17, 2019, the Capital Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM”) issued BKPM Letter No. 5743/A.8/B.1/2019 (“Letter 5743”) on Implementation Plan of a New…
October 4, 2019
Minister of Trade Relaxes Franchise Regulation
On September 4, 2019, the Minister of Trade (the “MOT”) issued MOT Regulation No. 71 of 2019 on Franchise Implementation (“MOT Reg. 71/2019”). MOT Reg. 71/2019 revokes and replaces a number of…
September 18, 2019
Contributions for Oil Fuel Supply and Distribution, and Gas Transportation Through Pipelines
On July 8, 2019, the Government issued Government Regulation No 48 of 2019 on Amounts and Utilization of Contributions of Business Entities in the Business Activities of Fuel Oil Supply and Gas…
September 18, 2019
Minister of Manpower Regulation on Outsourcing Amended Further
On August 1, 2019, the Minister of Manpower (the “MOM”) issued Regulation No. 11 Year 2019 (“Regulation 11”) to amend several provisions of the MOM Regulation No. 19 Year 2012 dated November 14, 2012…
September 17, 2019
Compilation of Positions Available to Expatriates
The Minister of Manpower (the “Minister”) recently enacted the Minister of Manpower Decree No. 228 of 2019 dated August 27, 2019 on Certain Positions Available to Expatriates (“Decree 228”). Decree…
April 15, 2019
Permanent Establishments Clarified
On April 1, 2019, the Minister of Finance issued Regulation No. 35/PMK.03/2019 of 2019 on Determination of Permanent Establishments (the “Regulation”). Previously, permanent establishments were dealt…
November 5, 2018
New Minister of Trade Regulation on Company Registration
With the launch of the new electronic licensing system, namely the Online Single Submission (the “OSS”) system, the Government is seeking to significantly improve the ease of doing business in…
August 21, 2018
New Regulation on Acquisition of Publicly Listed Company
On July 27, 2018, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) of the Republic of Indonesia issued a new OJK Regulation No. 9/POJK.04/2018 on Acquisition of Publicly Listed…