SSEK Legal Consultants has contributed the Indonesia section of the new Asia Employment Law: Quarterly Review of employment law developments across 15 jurisdictions in Asia. Experts from around Asia flag and comment on employment law developments during the first quarter of 2021 and highlight some of the major legislative, consultative, policy and case law changes … Employment Law Update for Indonesia and Asia
In April 2021, Indonesia’s Ministry of Health issued Minister of Health Regulation No. 10/2021 (“MOHR 10/21“) regarding vaccinations in the context of the COVID-19 pandemic. MOHR 10/21 provides that there are two types of vaccination programs, those being the official government Vaccination Program (Program Vaksinasi) and a private scheme called Mutual Cooperation Vaccinations (Vaksin Gotong Royong). … COVID-19 Vaccines: Rights and Obligations of Employers and Employees Under Indonesian Law
Following the enactment of Government Regulation No. 34 of 2021 regarding the Utilization of Foreign Workers (February 2, 2021) (\"GR 34/2021‚Äù), the Minister of Manpower (\"MOM‚Äù) has issued MOM Regulation No. 8/2021 regarding Implementing Regulation for Government Regulation No. 34 of 2021 regarding the Utilization of Foreign Workers (\"MOM Reg. 8/2021‚Äù), which entered into force … Employment of Foreign Workers in Indonesia: Minister of Manpower Regulation No. 8 of 2021
The Indonesian Currency Law and Bank Indonesia (“BI”) Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of Rupiah restrict most transactions within Indonesian territory from being carried out using foreign currency. Core upstream activities in Indonesia are exempted from this requirement for a certain period of time, such as expenditures in relation to the first three … Indonesia Oil & Gas Regulation – Currency Exchange Restrictions
The Indonesian government controls the development, construction and use of real estate by implementing spatial planning and zoning. Every regional government is required to plan the use of land, which requirement is implemented pursuant to Law No. 26 of 2007 Regarding Spatial Layout (26 April 2007). The spatial layout scheme consists of the national spatial … Real Estate in Indonesia – Planning and Land Use
Indonesia\'s Omnibus Law (Law No. 11 of 2020 on Job Creation) was issued to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. It is a sea change for anyone doing business, investing and working in Indonesia. SSEK tracks key changes under … Indonesia Omnibus Law on Job Creation and Implementing Regulations
In principle, the selling and marketing of insurance products in Indonesia is regulated and licensed by the Financial Services Authority (OJK), although there seems to be no differentiation yet between fintech companies and companies that engage in the conventional selling and marketing of insurance products. In practice, licensed insurance companies in Indonesia have been selling … Fintech in Indonesia – Insurance Products, Credit References
The Indonesian Government has enacted implementing regulations to Law No. 11 of 2020 on Jobs Creation (the “Omnibus Law“). The implementing regulation particularly relevant to the oil and gas sector is Government Regulation No. 5 of 2021 on the Implementation of Risk-Based Business Licensing (“GR 5/2021“), which was enacted on February 2, 2021. The regulation … Update on Indonesia’s Omnibus Law and Implementing Regulations – Oil and Gas Sector
Indonesia’s groundbreaking Omnibus Law (Law No. 11 of 2020 on Job Creation) amends a significant number of existing laws, one of which is Law No. 7 of 2014 on Trade (the “Trade Law“). Many of the amended provisions of the Trade Law are further regulated under a recently issued implementing regulation, Government Regulation No. 29 … Indonesia Omnibus Law Update – Amendments to the Trade Law
As a follow-up to the Omnibus Law (Law No. 11 of 2020 on Job Creation) passed in November 2020, the Government of Indonesia has issued several implementing regulations. One of these is Government Regulation No. 25 of 2021 regarding the Administration of the Energy and Mineral Resources Sector (“GR 25/2021“), which entered into force on … Update on Indonesia’s Omnibus Law and Implementing Regulations – Power Sector
