Year Category: 2023

Indonesia Introduces Electronic Stamp Duty: A Quick Update for Companies

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

SSEK Partner Dewi Savitri Reni Named an ALB Dealmaker of Asia

SSEK partner Dewi Savitri Reni (Vitri) has been recognized by Asian Legal Business (ABL) as a Dealmaker of Asia 2022. Vitri was one of only eight lawyers recognized for Indonesia and the only woman. Vitri has a broad practice and has extensive experience advising major Indonesian companies and Fortune 500 entities. Her recent projects include acting SSEK Partner Dewi Savitri Reni Named an ALB Dealmaker of Asia

SSEK Contributes Indonesia Chapter to Contract Laws of Asia – Liquidated Damages and Penalty Clauses

SSEK partner Fransiscus Rodyanto and Fadhira Mediana, an associate at the firm, have contributed the Indonesia chapter to a new publication, Contract Laws of Asia – Liquidated Damages and Penalty Clauses. The publication was released by the Asian Business Law Institute (ABLI) with support from its parent organization, the Singapore Academy of Law. Contract Laws SSEK Contributes Indonesia Chapter to Contract Laws of Asia – Liquidated Damages and Penalty Clauses

SSEK Assists Samanea Group on Jakarta Wholesale Center Development

SSEK has assisted Samanea Group and its Indonesian subsidiary, PT Samanea Tangerang Development, with the development of the One-Stop O20 Regional Wholesale Trade City, the first and most comprehensive wholesale center in Indonesia. The development, located in Tangerang New Industry City, on the outskirts of the Indonesian capital, Jakarta, includes a wholesale trading center and SSEK Assists Samanea Group on Jakarta Wholesale Center Development

SSEK Advises Indosat on $300m Data Center JV with BDx

SSEK has advised Indonesian telecommunications provider PT Indosat Tbk (Indosat Ooredoo Hutchison) on a US$300 million joint venture with Indosat subsidiary PT Aplikanusa Lintasarta and Asian data center company Big Data Exchange (BDx) to establish a new “data center and cloud-focused operation” in Indonesia. The companies said the JV was formed to “meet Indonesia’s growing SSEK Advises Indosat on $300m Data Center JV with BDx

Indonesia Renewable Energy Update: Indonesia’s National Energy Policy and Fostering Renewable Energy Development

Eight years ago, the Government of Indonesia (“GOI”) issued Government Regulation No. 79 of 2014, dated October 17, 2014, regarding National Energy Policy (“NEP”), with the aim of achieving an energy mix of a minimum 23% renewable energy and a maximum 30% coal by 2025. According to Indonesia Energy Transition Outlook 2022, from the Institute Indonesia Renewable Energy Update: Indonesia’s National Energy Policy and Fostering Renewable Energy Development

SSEK Associate Named Rising Star Speaker by ET-Asia

Bima Danubrata Adhijoso, an associate at SSEK Legal Consultants, was named a 2022 Rising Star Speaker by ET-Asia.  Bima was recognized for his contributions toward helping to shape young legal practitioners in Indonesia by sharing his legal knowledge and experience. Bima joined SSEK in 2019 and has been actively involved in multiple complex cross-jurisdiction investment SSEK Associate Named Rising Star Speaker by ET-Asia

SSEK Assists TSH Resources Berhad with Large Indonesia Land Disposal

SSEK Legal Consultants has assisted TSH Resources Berhad, one of the largest Malaysia-based oil palm plantation groups, with the disposal of land covering more than 13,000 hectares in North Kalimantan, Indonesia, for a total of approximately IDR 2.42 trillion or US$162 million, as has been reported. The land will be used for the development of SSEK Assists TSH Resources Berhad with Large Indonesia Land Disposal