Blog Category: Legal Updates

Legal Alert: Indonesia – New Merger Filing Regulation

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Indonesia’s competition authority, the KPPU (Komisi Pengawas Persaingan Usaha), has issued a new merger filing regulation, KPPU Regulation No. 3 of 2023 regarding Evaluation of Merger, Consolidation, or Acquisition of Shares and/or Assets which May Result in Monopolistic Practices and/or Unfair Competition (“KPPU Reg 3/2023”). Because this regulation is so new, certain provisions may require … Legal Alert: Indonesia – New Merger Filing Regulation

Indonesia’s Capital Idea: New Regulation Encourages Investment in Nusantara

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As Indonesia moves toward formally relocating its capital from Jakarta to Nusantara, in Kalimantan, the government recently issued a regulation meant to ease the process of doing business in the new capital and encourage companies to invest in Nusantara. Government Regulation No. 12 of 2023 regarding Business Licensing, Ease of Doing Business, and Capital Investment … Indonesia’s Capital Idea: New Regulation Encourages Investment in Nusantara

Indonesia to Allow Certain Companies to Adjust Working Hours, Wages

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Indonesia’s Minister of Manpower on March 8, 2023, issued MOM Regulation No. 5 of 2023 regarding the Adjustment of Working Hours and Wages in Certain Export-Oriented, Labor-Intensive Companies Affected by Changes in the Global Economy (“MOM 5”). MOM 5 was issued to help certain export-oriented, labor-intensive companies facing continuity of work and continuity of business … Indonesia to Allow Certain Companies to Adjust Working Hours, Wages

Oil and Gas Regulation – Indonesia

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International Comparative Legal Guide – Oil & Gas Regulation 2023, published by Global Legal Group. ICLG – Oil & Gas covers common issues in oil and gas laws and regulations, including development of oil and natural gas, import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution and foreign investment. Download the Indonesia … Oil and Gas Regulation – Indonesia

SSEK Contributes Indonesia Chapter to Renewable Energy Guide

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SSEK partners Fitriana Mahiddin, and Syahdan Z. Aziz,  and Shafira Anindia Alif Hexagraha, an associate at the firm, have contributed the Indonesia chapter to International Comparative Legal Guide – Renewable Energy 2023, published by Global Legal Group. ICLG – Renewable Energy covers common issues in renewable energy laws and regulations, including the renewable energy market, … SSEK Contributes Indonesia Chapter to Renewable Energy Guide

Renewable Energy Laws and Regulations – Indonesia

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International Comparative Legal Guide – Renewable Energy 2023, published by Global Legal Group   ICLG – Renewable Energy covers common issues in renewable energy laws and regulations, including the renewable energy market, sale of renewable energy and financial incentives, consents and permits, and storage. Download the Indonesia chapter of ICLG – Renewable Energy here.

Indonesia Update: Preferential Tariffs Under the RCEP and IK-CEPA

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In an effort to bolster international trade, the Government of Indonesia recently ratified two free trade agreements. It ratified the Regional Comprehensive Economic Partnership (“RCEP”) agreement with the enactment of Law No. 24 of 2022 regarding the Ratification of RCEP (“Law 24/2022”), and it ratified the Comprehensive Economic Partnership Agreement Between the Government of the … Indonesia Update: Preferential Tariffs Under the RCEP and IK-CEPA

Indonesia Introduces Electronic Stamp Duty: A Quick Update for Companies

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The concept of electronic stamp duty (“e-stamp duty”) was introduced in Indonesia by Law No. 10 of 2020 regarding Stamp Duty (bea meterai), which came into effect on January 1, 2021 (“Stamp Duty Law”). The e-stamp duty was introduced to manage stamp duties for electronic documents, as more business was done online. To be clear, … Indonesia Introduces Electronic Stamp Duty: A Quick Update for Companies