On July 2, 2024, the Government of Indonesia enacted Law No. 4 of 2024 regarding Maternal and Child Welfare During the First Thousand Days of Life (“Law 4/2024”). This long-awaited law is expected to improve the welfare of mothers and children (defined under the provisions of this law as from formation of the fetus up … Employer Obligations Under Indonesia’s New Law on Maternal and Child Welfare
SSEK Law Firm partner Stephen Igor Warokka and associate Yan Diaz Maulana Siregar discuss the most noteworthy aspects of business immigration law and practice in Indonesia, with a focus on the most consequential recent developments, in the Lexology In-Depth guide to corporate immigration. In addition to providing an insightful introduction to the immigration framework in … Corporate Immigration Indonesia – Visit Visa and Visit Stay Permit
The Indonesian Competition Commission (Komisi Pengawas Persaingan Usaha or “KPPU”) last year introduced the dual nexus assessment, which stipulates that a transaction is notifiable to the KPPU only if it is conducted between parties with assets and/or turnover, either directly or indirectly, in Indonesia. The dual nexus requirement was introduced in KPPU Regulation No. 3 … Indonesia Competition Body Updates Online Notification System for Dual Nexus Assessment
Law No. 33 of 2014 regarding Halal Product Guarantees, as amended by Law No. 6 of 2023 on the stipulation of Government Regulation in Lieu of Law No. 2 of 2022 regarding Job Creation (“Halal Law”), requires a halal certificate to be obtained from the Halal Product Guarantee Organizing Agency (Badan Penyelenggara Jaminan Produk Halal … Indonesia Halal Certification Deadlines
The Indonesian government has issued a new regulation that will, among other things, provide some tax relief for income from the placement of foreign export proceeds deriving from natural resources into the Indonesian financial system. Government Regulation No. 22 of 2024 (“GR 22/2024”) came into force on May 20, 2024. It amends Government Regulation No. … Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources
SSEK Law Firm senior partner Ira A. Eddymurthy, senior associate Bima Danubrata Adhijoso and associate Agung Kurniawan Sihombing provide the latest legal information for Indonesia on acquiring a company, antitrust regulations, restrictions on foreign investments, stakebuilding, negotiation, mandatory offer thresholds, conditions for a takeover offer, squeeze-out mechanisms, disclosure, duties of directors, defensive measures and shareholder … Acquiring a Company in Indonesia
The introduction of Law No. 27 of 2022 regarding Personal Data Protection (“PDP Law”) on October 17, 2022, marked a significant step toward strengthening data protection in Indonesia. Among other actions, the PDP Law calls for the creation of a new data protection body, the Personal Data Protection Agency (“PDP Agency”), which will be an … Looking Ahead to Indonesia’s Personal Data Protection Agency
The Indonesian government has issued a new regulation on the public housing savings program and the contributions by employers and employees that will become mandatory beginning in 2027. Government Regulation No. 21 of 2024 (“GR 21/2024”) was enacted on May 20, 2024. It amends Government Regulation No. 25 of 2020 regarding the Implementation of the … Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program
In an effort to achieve a new and renewable energy mix of 23% by 2025, the Government of Indonesia is fast-tracking solar energy development with the introduction of a new regulation on rooftop solar power plants. Regulations on rooftop solar power plants for households and commercial and industrial customers have drastically evolved since 2017. Initially, … Indonesia Issues New Regulation on Solar Rooftop Power Plants
Indonesia’s Presidential Regulation No. 47 of 2023 regarding National Cyber Security Strategy and Cyber Crisis Management (“PR 47/2023”) was enacted on July 20, 2023. This regulation provides strategic guidelines for government institutions and stakeholders to enhance (i) national cybersecurity and (ii) cyber crisis management. Central to this effort is the National Cyber and Crypto Agency … Fortifying Indonesia’s Cyber Defenses: New Regulations for National Security and Crisis Management
