Investment in Indonesia is subject to the Negative Investment List, or DNI. The current Negative Investment List was issued in 2016 through Presidential Regulation No. 44 of 2016 regarding the List of Business Fields that Are Closed and Business Fields that Are Conditionally Open for Investment. There are three types of business in the 2016 … Indonesia’s New Investment List – Summary of Draft Presidential Regulation
SSEK partners and foreign legal advisors have been recognized as Leading Lawyers across six practice areas in The Legal 500 Asia Pacific 2021 directory of outstanding lawyers and law firms in Indonesia and the region. SSEK’s Leading Lawyers in The Legal 500 Asia Pacific 2021 are: Dyah Soewito – Projects and Energy; Shipping Ira … SSEK Lawyers Highly Ranked for Indonesia in Legal 500 Directory of Leading Firms, Lawyers
The Government of Indonesia recently passed a new Stamp Duty Law (Law No. 10 of 2020 on Stamp Duty), which came into effect on January 1, 2021. The new Stamp Duty Law revokes Law No. 13 of 1985 on Stamp Duty (“Law 13/1985“). The Stamp Duty Law regulates stamp duty, the one-time tax on certain … Indonesia Introduces New Stamp Duty Law
SSEK is ranked as a Tier 1 firm across five practice areas in the newly released 2021 Legal 500 Asia Pacific directory of the leading law firms and lawyers in the region. These rankings underline SSEK’s position as one of the elite law firms in Indonesia. SSEK received a top-tier ranking for: Corporate and … SSEK Highly Ranked in Legal 500 2021 Guide to Leading Law Firms, Lawyers in Indonesia
Under the Indonesian Company Law, individuals capable of performing legal actions can be appointed as directors, except individuals who in the previous five years have been: Declared bankrupt. Members of a board of directors or board of commissioners found to be at fault in causing a company to be declared bankrupt. Sentenced for a … Establishing a Business in Indonesia – Directors and Board Composition
In Indonesia, the size, composition and procedures for the appointment, replacement and dismissal of the board of directors (BOD) and board of commissioners (BOC) are determined in the articles of association (AOA) of the company. Law No. 40 of 2007 regarding Limited Liability Companies (the Company Law) only stipulates a minimum number of BOD and … Corporate Governance in Indonesia – Board Size and Composition
SSEK , in collaboration with American Chamber of Commerce (AmCham) Indonesia, recently held a webinar on the Omnibus Law on Job Creation, specifically on the Halal Law and taxation provisions. SSEK senior partner Ira A. Eddymurthy discussed the impact of the Omnibus Law on the Halal Law including the certification process. SSEK partner Rusmaini Lenggogeni … SSEK and AmCham Discuss Impact of Indonesia’s Omnibus Law on Halal and Tax Law
Restrictions on foreign shareholders are set out in the Negative Investment List (Daftar Negative Investasi or DNI), as contained in Presidential Regulation No. 44 of 2016 dated 18 May 2016 regarding List of Business Fields That Are Closed and Business Fields That Are Open With Requirements for Capital Investment (PR 44/2016). PR 44/2016 lists areas … Establishing a Business in Indonesia – Foreign Investment Restrictions
SSEK, in collaboration with the American Chamber of Commerce in Indonesia (AmCham Indonesia), invite you to a webinar on the impact of Indonesia’s Omnibus Law on Job Creation on halal products and tax law. The webinar is scheduled for Thursday, December 17, from 10 to 11:30 am. This webinar aims to help participants understand how … AmCham-SSEK Webinar: Understand the Impact of Indonesia’s Omnibus Law on Halal and Tax Law
Shareholder activism is not a defined term, nor is it recognized under any laws in Indonesia. The Indonesian Company Law, however, does provide minority shareholders with certain rights. These rights give them the ability to initiate certain actions that are essentially intended to protect them against potential losses that might be caused by a company’s … Corporate M&A in Indonesia – Activism
