By Andini H. Dewi The Indonesian Government recently issued the long-awaited and anticipated Tax Amnesty Law (Law No. 11 of 2016). Discussion of a possible tax amnesty began in 1998, as part of a larger projected overhaul of the tax system in Indonesia. However, the discussions faltered and the Government, instead of a tax amnesty, implemented … What You Need to Know about the Indonesian Tax Amnesty Law
SSEK has represented the Credit Guarantee and Investment Facility (CGIF) in its role as guarantor in the issuance of two tranches of medium-term notes in the amount of IDR 140 billion (US$10.7 million). A joint venture multi-finance company issued the notes. The SSEK team was led by founding partner Ira A. Eddymurthy, with partner Denny … SSEK Represents CGIF in Notes Issuance
SSEK has acted as Indonesian counsel to Alibaba Group Holding in its US$1 billion purchase of a controlling stake in Southeast Asian online retailer Lazada Group, as has been widely reported. As reported, Alibaba will buy US$500 million of newly issued shares from the online retailer, and a further US$500 million from existing shareholders. Lazada … SSEK Acts as Indonesian Counsel for Alibaba in Lazada Purchase
Among recent actions taken by Indonesian President Joko Widodo to strengthen regulatory and enforcement functions in the environmental sector was the integration of two previously separate but interlinked departments to become the Ministry of Environment and Forestry (MOEF), through the issuance of Presidential Regulation No. 16 of 2015 regarding the Ministry of Environment and Forestry … Indonesian Legal Review: Environment
Whistleblower protections in Indonesia primarily relate to criminal matters. The main legislation related to whistleblowers is the Witness and Victim Protection Law. However, companies often inquire whether there are any whistleblowing rules under the Indonesian Employment Law (Law No. 13 of 2003). Whistleblowing and the Employment Law The Indonesian Employment Law does not contain explicit … Whistleblowing and Indonesian Employment Law: Rules for Companies
Rusmaini Lenggogeni and Syahdan Z. Aziz of SSEK Legal Consultants have contributed the Indonesia chapter of the Investing in … Global Guide, in association with First Law International. The Investing in … Global Guide provides a high-level overview of the key factors affecting inward investment. It provides information on legal systems, investment restrictions, tax incentives, imports … Practical Law: Investing in Indonesia
Ira A. Eddymurthy, a founding partner of SSEK Indonesian Legal Consultants, gave an opening speech at the halal-bihalal gathering on Monday, July 25, of the Indonesian Advocates Association (Peradi). Ira is the deputy chairwoman of the International Division at Peradi. The event was attended by Bpk. Juniver Girsang and Bpk. Harry Ponto, the chairman and … SSEK Partner Ira Eddymurthy a Speaker at Peradi Gathering
The Government of Indonesia (GOI) recently issued a package of economic policies designed to remove irrelevant requirements and to deregulate and spur the growth of the Indonesian economy. The result is that more than 31 percent of licensing processes at the Ministry of Trade (MOT) were eliminated by deleting unnecessary examination procedures at more than … Indonesian Legal Review: Distribution
Ira A. Eddymurthy, a founding partner of SSEK Indonesian Legal Consultants, has been recognized as a leading merger and acquisition lawyer in the 2016 edition of Who’s Who Legal: M&A and Governance. Ira leads SSEK’s M&A practice and has extensive experience working with the largest companies doing business in Indonesia. Who’s Who Legal notes that … SSEK Partner Ira Eddymurthy Recognized as Leading M&A Lawyer for Indonesia
SSEK Indonesian Legal Consultants founding partners Dyah Soewito and Ira A. Eddymurthy attended the 2nd Annual Global Leaders Corporate M&A Forum in London on July 12,2016, organized by the Global Leaders Forum. Ira co-moderated a roundtable discussion on M&A in the ASEAN Economic Community (AEC). The session looked at the AEC and how it might … SSEK Partners at Corporate M&A Forum in London
