News andUpdates


News

E-Signature in the COVID-19 Crisis: Adapting to the (Not So) New Normal

As the COVID-19 pandemic forces people to adopt homeworking and physical distancing, digital transformation is no longer a mere option. In the past few months, we have witnessed how most businesses…


BPN Allows Ease to Extend Land Titles and Land Registration in Response to the COVID-19 Pandemic

The Minister of Agrarian Affairs and Spatial Planning/Head of National Land Agency (Kementerian Agraria dan Tata Ruang/Badan Pertanahan Nasional or “BPN”) issued its Decree No. 88.1/SK-HR.01/IV/2020…


Use of Imported Digital Products and Services Will Be Subject to Value Added Tax

The Minister of Finance (the “Minister”) enacted Minister Regulation No. 48/PMK.03/2020 of 2020 dated May 5, 2020 on the Procedures to Appoint Collectors, Collection as well as Reporting of…


Personal Data Protection and Privacy: Indonesian Government Turns to Technology to Help Stop the COVID-19 Outbreak

As the number of COVID-19 cases keeps growing, many governments around the world turn to technology to press down the spread of the virus. These technologies serve various purposes, from digital…


OJK Amends Regulation on Material Transaction and Change of Business Activities

On April 21, 2020, the Financial Services Authorities (Otoritas Jasa Keuangan or “OJK”) issued OJK Regulation No. 17/POJK.04/2020 on Material Transaction and Change of Business Activities (“OJK Reg.…


BKPM Issued New Regulation on Guidelines on the Provision of Business Licensing Services through OSS System

To improve the implementation of the licensing services provided through Online Single Submission (“OSS System”), on April 1, 2020, the Capital Investment Coordinating Board (Badan Koordinasi…


Indonesian Government Introduces New and Integrated Submission Procedure for Companies’ Annual Financial Report

On March 19, 2020, the Minister of Trade (“MOT”) issued MOT Regulation No. 25 of 2020 on Annual Company Financial Reports (“MOT Reg. 25/2020”). MOT Reg. 25/2020 revokes the previous regulatory…


Are INGOs’ Operations Exempted From PSBB?

On Large-Scale Restriction Measures Due to the current outbreak of the novel corona virus disease (“Covid-19”), the Government of Indonesia recently implemented the Large-Scale Social Restrictions…


Precautionary Steps Taken to Maintain the Stability of Indonesian Financial Systems During COVID-19

The Novel Coronavirus Disease (“COVID-19”) pandemic has caused the country’s economic growth to slow down and the financial system to worsen. As an effort to maintain stability of the financial…


Minister of Finance Further Regulates Approvals for Tax Allowances

On February 11, 2020, the Minister of Finance (the “Minister”) enacted Minister Regulation No. 11/PMK.010/2020 of 2020 dated February 11, 2020 on the Implementation of Government Regulation No. 78 of…