News andUpdates


News and Updates

Key Changes to the Regulation on Actuaries

On December 30, 2020, the Minister of Finance issued Regulation No. 227/PMK.01/2020 of 2020 on Actuaries (“MOF Reg. 227”). MOF Reg. 227 revoked the previous regulation on actuaries, namely the…


New Immigration Policies During New Normal Adaptation Period

On March 26, 2021, the Director General of Immigration (the “DGIM”) issued Circular Letter No. IMI-0661.GR.01.01 regarding Visa and Stay Permit Provisions During the New Normal Adaptation Period (“CL…


Updated Protocols and Guidance for Domestic Travelers

On March 26, 2021, the Indonesian Covid-19 Task Force issued the Circular Letter No. 12 of 2021 on Provisions for Domestic Travels during the Covid-19 Pandemic (the “Circular Letter”). The Circular…


New Regulation on Employment of Foreign Workers

Following the issuance of Law No. 11 of 2020 dated November 2, 2020 on Job Creation (the “Job Creation Law”), the Government issued Government Regulation No. 34 of 2021 dated February 2, 2021 on the…


Omnibus Law’s Implementing Regulation on Unemployment Benefits

On February 2, 2021, the Indonesian Government issued Government Regulation No. 37 of 2021 on the Implementation of the Unemployment Benefits Program (in Indonesian, Jaminan Kehilangan Pekerjaan or…


Micro PPKM is Extended for Two Weeks

Following the issuance of the Governor of DKI Jakarta Decree No. 107 of 2021 dated February 8, 2021 (“Decree 107/2021”) on the Entry into Force of Micro-Scale Public Activities (Pemberlakuan…


Definite Term Employment Agreements, Outsourcing, Work Hours and Rest Time, and Termination of Employment Regulated Further

As a follow up to Law No. 11 of 2020 dated November 2, 2020 on Job Creation (the “Job Creation Law” or commonly known as the Omnibus Law) which amends, among others, Law No.  13 of 2003 dated March…


Individuals Can Now Establish Companies on Their Own

To facilitate the ease of doing business and bolster micro and small businesses’ competitiveness, the amendment of Law No. 40 of 2007, dated August 16, 2007 on Limited Liability Companies (“the 2007…


Norms, Standards, Procedures, and Criteria for Risk-Based Business Licensing Clarified

In addition to stipulating the types of license applicable for each risk level of business activities that we discussed in our previous newsflash, Government Regulation No. 5 of 2021 dated February…


Government Clarifies Risk-Based Business Licensing

Following the issuance of Law No. 11 of 2020 dated November 2, 2020 on Job Creation (the “Job Creation Law”) that introduces risk-based business licensing (the “Risk-Based Business Licensing”), on…