By regulation, an electronic system provider in Indonesia is obligated to guarantee the security of the software used to facilitate and administer the electronic system services, as well as to assure that an information security agreement is available. In practice, an electronic system provider is required to establish a security system that has a system … E-commerce in Indonesia – Security
Indonesia acknowledges digital signatures or e-signatures as a valid signature, regulated by Government Regulation No. 71 of 2019 on the Implementation of Electronic Systems and Transactions (the Electronic Transaction Regulation). Under the Electronic Transaction Regulation, “digital signature” is defined as a signature comprising electronic information attached, associated or related to other electronic information used as … E-commerce in Indonesia – Electronic Signatures
Law No. 11 of 2008 as amended by Law No. 19 of 2016 on Electronic Information and Transactions (the ITE Law) is applicable to any individual who carries out a certain legal action (as specified in the ITE Law) within or outside the Indonesian jurisdiction. In the event of a dispute, the Indonesian courts shall … E-commerce in Indonesia – Legal and Regulatory Framework
The Indonesian government initially adopted a conservative and relatively traditional approach to regulating internet-based activities. Prior to 2008, there was no legislation or guidelines in Indonesia that regulated the internet and how electronic information was offered and consumed, for both commercial and non-commercial purposes. In the five to seven years before 2008, Indonesia experienced the … E-commerce in Indonesia – Legal and Regulatory Framework
SSEK will speak at an upcoming American Chamber of Commerce in Indonesia (AmCham Indonesia) event on e-commerce. The AmCham Indonesia Economic Forum, titled “Deeper Look into Indonesian E-Commerce Regulations – What Are the implications?” is scheduled for Thursday, August 13, beginning at 10 am. The forum will take a deeper look at Indonesian e-commerce regulations, … SSEK to Speak at AmCham Indonesia Event on E-Commerce
The Indonesian Minister of Trade (“MOT“) has issued a regulation that seeks to clarify many of the issues associated with doing business in the country’s booming e-commerce sector, while at the same time imposing new requirements on both foreign and domestic e-commerce companies selling goods and services in Indonesia through online platforms. This new regulation … Indonesia Introduces New Requirements for E-Commerce Companies
Based on Indonesian laws and regulations, a website shall be regarded as an intellectual property of the system provider that has gathered the electronic information and documents to establish the website. In theory, a website owner has no intellectual property rights over the content displayed by another provider. If one intends to insert a link … Indonesia e-Commerce – Intellectual Property
SSEK has advised Malaysian investment holding company RII Holdings Sdn Bhd (RII) on its acquisition of a substantial equity interest in leading Indonesian logistics company PT Pandu Siwi Sentosa (PSS). SSEK assisted RII with drafting and negotiating the transaction documents. RII signed on October 1 the definitive agreements with PSS and its individual shareholders, and … SSEK Advises Malaysia’s RII Holdings on Investment in Indonesian Courier and Logistics Industry
SSEK’s Winnie Y. Rolindrawan wrote the cover story for the new issue of Strategic Review magazine. The story, “Revving up the e-commerce engine,” looks at possible regulatory changes and improvements to help maximize the role of online commerce in Indonesia’s economic development. Winnie Rolindrawan represents multinationals and major domestic firms in a variety of transactions. … SSEK Looks at E-Commerce in Indonesia in Strategic Review Magazine
Prompted by the disparity in the tax treatment between traditional retail activities and e-commerce, on December 31, 2018, Indonesia’s Minister of Finance (“MOF”) issued MOF Regulation No. 210/PMK.010/2018 regarding the Tax Treatment of E-Commerce (“MOF Regulation 210”). MOF Regulation 210 purports to provide further clarity with regard to Value Added Tax (“VAT”), luxury goods tax, … New Regulation Requires Taxes for E-Commerce Players in Indonesia
