Blog Category: Legal Updates

Legal Alert: Indonesia – New Regulation on Carbon Trading for the Forestry Sector

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The Indonesian Ministry of Environment and Forestry (“MOEF”) is continuing to develop the regulatory framework for carbon trading in Indonesia. First it issued an umbrella regulation, Presidential Regulation No. 98 of 2021 on Carbon Economic Value (the “CEV Regulation”), which was followed by MOEF Regulation No. 21 of 2022 (“MOEF Regulation 21/2022”). Now the MOEF … Legal Alert: Indonesia – New Regulation on Carbon Trading for the Forestry Sector

Corporate Immigration – Indonesia

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The Corporate Immigration Review: Indonesia surveys and analyses the most noteworthy aspects of business immigration law and practice in Indonesia, with a focus on the most consequential recent developments. In addition to providing an insightful introduction to the immigration framework in Indonesia, it also covers key international treaty obligations; residence rights; requirements for employer-sponsored workers; … Corporate Immigration – Indonesia

Indonesia Capital City of Nusantara: New Regulation Establishes Special Authorities of IKN Authority

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The Indonesian government continues taking steps to ensure legal certainty over Indonesia’s plan to relocate its capital from Jakarta to the Capital City of Nusantara (Ibu Kota Nusantara or “IKN”), as it recently issued Government Regulation (“GR”) No. 27 of 2023 dated May 15, 2023, regarding the Special Authorities of the IKN Authority (“GR 27/2023”). … Indonesia Capital City of Nusantara: New Regulation Establishes Special Authorities of IKN Authority

Indonesia Tax Court Reform: Authority Over Tax Court Moves from Finance Ministry to Supreme Court

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Indonesia’s Constitutional Court recently issued a decision on the reform of the Tax Court that will see authority over the organizational development, administration and financing of the Tax Court transferred from the Ministry of Finance to the Supreme Court. Constitutional Court decision No. 26/PUU-XXI/2023 was issued on May 3, 2023, but was only made public … Indonesia Tax Court Reform: Authority Over Tax Court Moves from Finance Ministry to Supreme Court

Indonesia Employment Law Alert: Employers to Take Note of New Guidelines on Sexual Violence in the Workplace

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On May 29, 2023, Indonesia’s Ministry of Manpower (“MOM”) issued MOM Decree No. 88 Year 2023 regarding Guidelines for the Prevention and Handling of Sexual Violence in the Workplace (“MOM Decree No. 88”). Highlights of MOM Decree No. 88 include the new obligation for companies to establish a task force for the prevention and handling … Indonesia Employment Law Alert: Employers to Take Note of New Guidelines on Sexual Violence in the Workplace

Indonesia: Job Creation Regulation Becomes Law with Issuance of Law No. 6 of 2023

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Indonesia’s House of Representatives recently approved into law Government Regulation in Lieu of Law No. 2 Year 2022 on Job Creation (“Job Creation Regulation”), based on Law No. 6 Year 2023 on the Stipulation of Government Regulation No. 2 of 2022 in Lieu of Law No. 11 of 2020 on Job Creation into Law (“Law … Indonesia: Job Creation Regulation Becomes Law with Issuance of Law No. 6 of 2023

Indonesia: New OJK Regulation and the Impact on Employee Share Plans

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Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has enacted new rules to regulate, inter alia, share ownership plans granted by foreign listed entities to employees, directors, and commissioners of their subsidiaries (“Employee Plan”). OJK Circular Letter No. 33/SEOJK.04/2022 dated December 30, 2022, regarding Guidelines for the Implementation of Securities Offerings Classified as Non-Public … Indonesia: New OJK Regulation and the Impact on Employee Share Plans

Indonesia Legal Update: Mechanism to Designate Foreign and Domestic E-Commerce Providers as VAT Collectors

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In response to the continued growth of the country’s e-commerce sector, the Indonesian government has implemented a mechanism to authorize and require foreign and domestic e-commerce providers to charge and collect value-added tax (“VAT”) on sales of digital goods and services to customers in Indonesia. The latest rules are set forth in Ministry of Finance … Indonesia Legal Update: Mechanism to Designate Foreign and Domestic E-Commerce Providers as VAT Collectors

Justification of IP Protection and Recent Developments in Indonesia

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The World Intellectual Property Organization (“WIPO“) first commemorated April 26 as World IP Day in 2001. However, intellectual property (“IP“) dates back much further, to at least Gutenberg’s printing press, and it has rapidly developed ever since and become embedded in many aspects of everyday life. This article is a reminder to relevant stakeholders of … Justification of IP Protection and Recent Developments in Indonesia