News andUpdates
News and Updates
September 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…
May 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…
March 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…
March 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…
February 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…
February 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…
November 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…
August 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.,…
February 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…
February 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.…