Indonesia’s House of Representatives recently approved into law Government Regulation in Lieu of Law No. 2 Year 2022 on Job Creation (“Job Creation Regulation”), based on Law No. 6 Year 2023 on the Stipulation of Government Regulation No. 2 of 2022 in Lieu of Law No. 11 of 2020 on Job Creation into Law (“Law … Indonesia: Job Creation Regulation Becomes Law with Issuance of Law No. 6 of 2023
Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has enacted new rules to regulate, inter alia, share ownership plans granted by foreign listed entities to employees, directors, and commissioners of their subsidiaries (“Employee Plan”). OJK Circular Letter No. 33/SEOJK.04/2022 dated December 30, 2022, regarding Guidelines for the Implementation of Securities Offerings Classified as Non-Public … Indonesia: New OJK Regulation and the Impact on Employee Share Plans
SSEK Law Firm earned two top-tier firm rankings for Indonesia in the 2023 edition of Benchmark Litigation Asia-Pacific, the definitive guide to the region’s leading dispute resolution firms and lawyers. In addition, three SSEK partners were recognized as leading dispute resolution lawyers for Indonesia. SSEK was ranked Tier 1 for: Insolvency Labor and Employment … SSEK Top Tier for Indonesia in New Benchmark Litigation Asia-Pacific Rankings
Lexology Getting the Deal Through – Labor & Employment 2023 Labor & Employment 2023 is a quick reference guide, including legislation, protected employee categories and enforcement agencies; worker representation; checks on applicants; terms of employment; rules on foreign workers; post-employment restrictive covenants; liability for acts of employees; taxation of employees; employee-created IP; data protection; business … Labor & Employment – Indonesia
SSEK Law Firm partner Syahdan Aziz and associate Vivin Purnamawati have contributed to the new issue of The Law Firm Network’s Trends Magazine – Employment Law. This issue, covering 13 jurisdictions, continues the series on employee privacy and the processing of personal data in employment relationships. This issue focuses on the archiving and destruction of … SSEK Contributes to Trends Magazine – Data Protection and Employment
SSEK Law Firm partner Syahdan Z. Aziz has contributed the Indonesia chapter to the latest issue of The Law Firm Network’s Trends Legal Magazine – Employment Law. This issue, covering 15 jurisdictions, continues the series on employee privacy and the processing of personal data in employment relationships. The experts of The Law Firm Network look … Data Protection and Employment – Indonesia
Indonesia’s Minister of Manpower on March 8, 2023, issued MOM Regulation No. 5 of 2023 regarding the Adjustment of Working Hours and Wages in Certain Export-Oriented, Labor-Intensive Companies Affected by Changes in the Global Economy (“MOM 5”). MOM 5 was issued to help certain export-oriented, labor-intensive companies facing continuity of work and continuity of business … Indonesia to Allow Certain Companies to Adjust Working Hours, Wages
SSEK partner Syahdan Z. Aziz is participating in a complimentary Employment Law Alliance (ELA) webinar on February 2 to discuss the most significant labor and employment issues in Indonesia in 2022 and anticipated developments in 2023. Syahdan will be joined by ELA experts from Australia, India, Malaysia and Singapore. For more information and to … Free Employment Law Year in Review Webinars
The concept of electronic stamp duty (“e-stamp duty”) was introduced in Indonesia by Law No. 10 of 2020 regarding Stamp Duty (bea meterai), which came into effect on January 1, 2021 (“Stamp Duty Law”). The e-stamp duty was introduced to manage stamp duties for electronic documents, as more business was done online. To be clear, … Indonesia Introduces Electronic Stamp Duty: A Quick Update for Companies
The Indonesian Government has issued a regulation to revoke and replace the Job Creation Law following the Constitutional Court ruling ordering the government to amend parts of law within two years. Effective as of December 30, 2022, Government Regulation in Lieu of Law No. 2 Year 2022 (“Perppu No. 2”) revokes and replaces Law No. … Government Regulation In Lieu of Law Replaces Job Creation Law: What It Means for Indonesia Employment Sector
