There have been at least three significant developments in Indonesia in the past three years related to M&A transactions. Foreign Direct Investment In May 2021, Indonesia made significant changes to its foreign investment policies through Presidential Regulation (PR) No. 10 of 2021, later amended by PR No 49 of 2021 (PR 10/2021 as amended). This … Recent Developments Related to M&A in Indonesia
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 Law Firm and Castle Asia, a consulting firm with more than 30 years of experience in Indonesia, recently held a special event to discuss Indonesia’s planned new capital, Capital City of Nusantara (Ibu Kota Nusantara or IKN). The event, “Nusantara’s Development Trajectory and Long-Term Planning,” featured Bambang Susantono, Presidential Special Envoy for International Cooperation … SSEK Helps Host Special Event on Indonesia’s New Capital
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
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
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
SSEK Law Firm partner Stephen Igor Warokka and associate Tiffanny Nasya Massie attended the recent Meeting of Business Chambers and Trade Agencies for International Cooperation on Nusantara. The meeting was organized by the Presidential Special Envoy for International Cooperation on Nusantara Capital of the Republic of Indonesia. This inaugural event invited representatives of selected business … SSEK Lawyers Attend Business Chambers and Trade Agencies Meeting on IKN
SSEK Law Firm foreign legal advisor Michael S. Carl will be a featured speaker at the upcoming Doing Business In and With Global Markets program organized by the Practising Law Institute (PLI). Doing Business In and With Global Markets is scheduled for June 26 in New York City. It will also be available online. For … Join SSEK at Doing Business In and With Global Markets
SSEK Law Firm partners Stephen Igor Warokka and Nico A. P. Mooduto recently toured Indonesia’s planned new capital in Kalimantan, Capital City of Nusantara (Ibu Kota Nusantara or IKN), with members of the European Business Chamber of Commerce (EuroCham) in Indonesia. Participants were able to see the progress on the new capital’s development and discuss … SSEK Partners Join EuroCham Indonesia Visit to IKN
Japan and Indonesia have a longstanding economic relationship. In 2023, Japanese investment in Indonesia totaled USD4.63 billion, making Japan the fourth-largest foreign investor in the country. SSEK Law Firm partner Denny Rahmansyah and associate Velicia Khoswan outline Japan and Indonesia’s economic ties, focusing on investment opportunities, policy reforms, and risks for Japanese investors entering Indonesia. … Investment in Indonesia: Unlocking Opportunities
