Expertise: Corporate Law

Indonesia Government Regulation Looks to Attract Investors to IKN with Improved Incentives

In 2023, the Indonesian government issued Government Regulation No. 12 of 2023 regarding the Issuance of Business Licenses, Ease of Doing Business, and Investment Facilities for Business Actors Within the Capital City of Nusantara (Ibu Kota Nusantara or “IKN”) (“GR 12/2023”) to attract investors to invest and do business in IKN and areas of Kalimantan Indonesia Government Regulation Looks to Attract Investors to IKN with Improved Incentives

SSEK Founding Partner Quoted in ABLJ Article on Legal and Business Trends in Indonesia

SSEK Law Firm founding partner Ira A. Eddymurthy was quoted in an Asia Business Law Journal article on legal and business expectations in Indonesia following the election in February. Ira, discussing the reactions of foreign clients to the election and the change of leadership, said clients wanted to see the new composition of the ministries, SSEK Founding Partner Quoted in ABLJ Article on Legal and Business Trends in Indonesia

Corporate Governance in Indonesia: Management of a Company

Indonesia’s Company Law (Law No 40 of 2007 regarding Limited Liability Companies, as last amended by the provisions of the Job Creations Law) recognizes three primary bodies within the corporate structure of Indonesian companies: the board of directors (BOD), the board of commissioners (BOC), and the general meeting of shareholders (GMS). Each of these principal Corporate Governance in Indonesia: Management of a Company

SSEK Partner Joins AmCham Indonesia Meeting with Deputy for Investment Climate Development

SSEK Law Firm partner Stephen Igor Warokka was part of an American Chamber of Commerce in Indonesia (AmCham Indonesia) meeting with the Deputy for Investment Climate Development at the Ministry of Investment/BKPM. The meeting focused on the ministry’s priorities for enhancing Indonesia’s investment climate, including the planned revision of the government regulation on risk-based business SSEK Partner Joins AmCham Indonesia Meeting with Deputy for Investment Climate Development

Looking to Acquire a Stake in a Digital Health Venture in Indonesia? Understand the Due Diligence Process

Investors looking to acquire a stake in digital health ventures must undertake a comprehensive due diligence process that covers that covers the various key matters and issues, including corporate, licensing, IP and data protection. In terms of corporate matters, assessing the company’s corporate status and regulatory compliance is paramount. To establish a new joint venture Looking to Acquire a Stake in a Digital Health Venture in Indonesia? Understand the Due Diligence Process

Indonesia Health Law Update – Tobacco Products and E-Cigarettes

To strengthen the national health system, the Indonesian Government issued Law No. 17 of 2023 regarding Health on August 8, 2023. Known as the Omnibus Health Law, it replaced 11 laws and unified all regulatory provisions in the health sector under a single regulation. The Government issued Government Regulation No. 28 of 2024 (“GR 28/2024”) Indonesia Health Law Update – Tobacco Products and E-Cigarettes

Corporate M&A and Antitrust Regulations – Indonesia Legal Update

In Indonesia, antitrust regulations crucial for mergers and acquisitions include the following:   Law No. 5 of 1999 regarding the Prohibition of Monopolistic Practices and Unfair Business Competition, as last amended by the Job Creation Law (Anti-Monopoly Law). Government Regulation No. 57 of 2010 regarding Mergers, Consolidations of Business Entities, and Company Share Acquisitions that Corporate M&A and Antitrust Regulations – Indonesia Legal Update

SSEK Acting as Indonesian Counsel to Yokohama in $905m Acquisition of Goodyear’s Off-the-Road Tire Business

SSEK Law Firm is acting as Indonesian counsel to The Yokohama Rubber Company, Limited in its acquisition of The Goodyear Tire & Rubber Company’s off-the-road (OTR) tire business for $905 million, as has been announced. Completion of the transaction is subject to the usual regulatory approvals. The OTR business being acquired by Yokohama primarily provides SSEK Acting as Indonesian Counsel to Yokohama in $905m Acquisition of Goodyear’s Off-the-Road Tire Business