News andUpdates
News and Updates
August 15, 2014
Raw Mineral Export Duty Dramatically Reduced to Incentivize Smelter Construction
On July 25, 2014, the Minister of Finance (MOF) dramatically reduced export duties on unrefined metal minerals for companies that are taking concrete action toward building smelting facilities. MOF…
July 25, 2014
Government Requires Construction Plan and Guarantee Funds in Order to Export Unrefined Metal Minerals
On April 17, 2014, the Minister of Energy and Mineral Resources (“MEMR”) issued Regulation No. 11 of 2014 on Procedures and Requirements for Granting Recommendations for Overseas Sales of Processed…
June 9, 2014
New Negative Investment List
The long-awaited revision of the 2010 Negative Investment List (2010 Daftar Negatif Investasi, or “2010 DNI”) was issued through Presidential Regulation No. 39 of 2014 on List of Business Fields…
May 21, 2014
Additional Sectors Covered under 2014 Sectoral Minimum Wage for DKI Jakarta
The Governor of DKI Jakarta Province stipulated new sectoral minimum wages (“UMSP”) in Governor Regulation No. 54 of 2014 dated April 17, 2014, and Governor Regulation No. 62 of 2014 dated April 28,…
April 11, 2014
New MOLHR Procedures for Raticication of Legal Entities, Amendment of AoA and Company Data
On March 26, 2014, the Minister of Law and Human Rights (“MOLHR”) issued regulation No. 4 of 2014 (“Regulation”) on Procedures for Applications for Ratification of Legal Entities and Approval and…
March 10, 2014
Enactment Of New Trade Law
The House of Representatives (Dewan Perwakilan Rakyat – “DPR”) passed the long-awaited Bill on Trade on February 11, 2014. For the previous 80 years, Indonesia had relied on the…
January 24, 2014
New Provisions on Expatriate Working Permits
On December 30, 2013, the Minister of Manpower and Transmigration of the Republic of Indonesia (“MOMT”) enacted MOMT Regulation No. 12 of 2013 on Procedure for Employing Expatriate Workers…
January 23, 2014
Government Allows Export of Some Minerals until 2017; Progressive Export Duty Imposed
Following the closing date for export of unprocessed minerals and the obligation of IUP holders and Contract of Work companies in the production phase to domestically “add value” to mining products…
January 15, 2014
MEMR Issues Guidelines On Mining Permits For Transportation And Sale, Processing And Refining
The Minister of Energy and Mineral Resources (“MEMR”) promulgated Regulation No. 32 of 2013 on Procedure for Granting Special Permits in the Field of Mineral and Coal Mining (“Regulation”) on…
December 24, 2013
SUPREME COURT ANNULS MEMR No. 7/2012: IMPLICATIONS FOR DOMESTIC MINERAL PROCESSING AND REFINING
Indonesia’s Supreme Court recently published Decision No. 13 P/HUM/2012, dated April 3, 2013, (“Decision”), ordering the Minister of Energy and Mineral Resources (“MEMR”) to revoke MEMR Regulation…