When the Indonesian Government issued Law No. 11 Year 2020 on Job Creation it amended and eliminated, among other things, general provisions on termination procedures and benefits previously stipulated by the Indonesian Manpower Law. The subsequent implementing regulations also specified new rules under the Job Creation Law. With these changes in mind, employers in Indonesia … Alert for Employers in Indonesia: Time to Amend Work Rules
SSEK partner Winnie Yamashita Rolindrawan and Sabrina W. Kusumoprojo, an associate at the firm, have contributed the Indonesia chapter to The Financial Technology Law Review 2022. The Financial Technology Law Review provides an in-depth global overview of the fast-evolving fintech sector. It covers the most salient points of law and practice, including key licensing and … The Financial Technology Law Review: Indonesia
SSEK partner Syahdan Z. Aziz has contributed the Indonesia chapter to the 2022 Lexology Getting the Deal Through Labor & Employment guide. This quick reference guide provides local insight into labor and employment law. Syahdan, in the Q&A guide to Indonesia, discusses, among other topics, protected employee categories and enforcement agencies; worker representation; checks on … Guide to Labor & Employment Law in Indonesia
In early 2022, the President of Indonesia issued a directive aimed at encouraging those who are eligible to participate in the National Health Insurance program, or BPJS Healthcare, by making proof of BPJS Healthcare participation a requirement for accessing business licensing and public services. In Directive of the President No. 11 of 2022 on the … BPJS Healthcare Participation as a Requirement for Public Services in Indonesia
Indonesia\'s Financial Services Authority (Otoritas Jasa Keuangan or \"OJK‚Äù) has issued a rule that may provide a sweetener for tech startups to undertake an initial public offering (\"IPO‚Äù) in Indonesia. OJK Rule No. 22/POJK.04/2021 on the Stipulation of a Share Classification with Multiple Voting Rights by Issuers with Innovation and High Growth Rates Conducting a … Tech Listings in Indonesia May Benefit from OJK Rule
Interest in non-fungible tokens (“NFTs“) continues apace. People in Indonesia and around the world are or are interested in creating, investing in, selling and owning NFTs. An NFT is categorized as a digital asset, such as art, music, in-game items and videos, that is stored on a blockchain. In Indonesia, despite the interest in this … Non-Fungible Tokens: Indonesia Regulatory Overview
With the enactment of the Job Creation Law (Law. No. 11 of 2020) on November 2, 2020, there have been important changes related to termination of employment in Indonesia. Termination now only requires notice of termination, except in certain circumstances. Government Regulation No. 35 of 2021, an implementing regulation for the Manpower Law as amended … Mandatory Reporting Mechanism on Termination of Employment in Indonesia
SSEK partner Stephen I. Warokka and Mutiara K. Ramadhani, an associate at the firm, have contributed the Indonesia to the Chambers Shipping 2022 global guide. The guide provides the latest information on port state control, marine casualties and owners’ liability, cargo claims, maritime liens and ship arrests, passenger claims, ship-owners’ income tax relief and the … Shipping Law – Indonesia
SSEK partner Fitriana Mahiddin and Fadhira Mediana, an associate at the firm, have contributed the Indonesia chapter to the Mondaq Oil and Gas Comparative Guide. Fitriana and Fadhira provide an overview of the regulatory environment for Indonesia\'s oil and gas sector. They cover key topics including exploration and production, surface rights, processing, refining and export, … Indonesia: Oil & Gas Comparative Guide
In general, all employees in Indonesia, including expatriates who work for a minimum of six months in the country, must participate in and make contributions to the National Social Security System (Sistem Jaminan Sosial Nasional or \"SJSN‚Äù), which is administered by the Social Security Administration Board (Badan Penyelenggara Jaminan Sosial or \"BPJS‚Äù). The BPJS has … Indonesia Social Security Program: Mandatory Contributions in 2022
