Blog Category: Legal Updates

Indonesia to Allow Certain Companies to Adjust Working Hours, Wages

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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

Oil and Gas Regulation – Indonesia

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International Comparative Legal Guide – Oil & Gas Regulation 2023, published by Global Legal Group. ICLG – Oil & Gas covers common issues in oil and gas laws and regulations, including development of oil and natural gas, import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution and foreign investment. Download the Indonesia … Oil and Gas Regulation – Indonesia

SSEK Contributes Indonesia Chapter to Renewable Energy Guide

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SSEK partners Fitriana Mahiddin, and Syahdan Z. Aziz,  and Shafira Anindia Alif Hexagraha, an associate at the firm, have contributed the Indonesia chapter to International Comparative Legal Guide – Renewable Energy 2023, published by Global Legal Group. ICLG – Renewable Energy covers common issues in renewable energy laws and regulations, including the renewable energy market, … SSEK Contributes Indonesia Chapter to Renewable Energy Guide

Renewable Energy Laws and Regulations – Indonesia

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International Comparative Legal Guide – Renewable Energy 2023, published by Global Legal Group   ICLG – Renewable Energy covers common issues in renewable energy laws and regulations, including the renewable energy market, sale of renewable energy and financial incentives, consents and permits, and storage. Download the Indonesia chapter of ICLG – Renewable Energy here.

Indonesia Update: Preferential Tariffs Under the RCEP and IK-CEPA

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In an effort to bolster international trade, the Government of Indonesia recently ratified two free trade agreements. It ratified the Regional Comprehensive Economic Partnership (“RCEP”) agreement with the enactment of Law No. 24 of 2022 regarding the Ratification of RCEP (“Law 24/2022”), and it ratified the Comprehensive Economic Partnership Agreement Between the Government of the … Indonesia Update: Preferential Tariffs Under the RCEP and IK-CEPA

Indonesia Introduces Electronic Stamp Duty: A Quick Update for Companies

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

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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

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

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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