SSEK partner Fransiscus Rodyanto and Aldilla S. Suwana, an associate at the firm, have contributed an article to Coal & Minerals Asia magazine. The article looks at the planned carbon tax in Indonesia and how it might affect business. You can find the article here. Coal & Minerals Asia is published by Petromindo, a leading … SSEK Discusses Planned Carbon Tax in Indonesia
Under Indonesian law, cross-border sales of natural gas can only be conducted if (i) the domestic need for natural gas has been fulfilled, (ii) there is insufficient domestic infrastructure, or (iii) domestic purchasing power is insufficient to satisfy the relevant gas field’s economics. Pursuant to Ministry of Energy and Mineral Resources (MEMR) Regulation No. 6 … Indonesia Oil & Gas Regulation – Import/Export of Natural Gas
Expropriation in Indonesia is usually enforced on the basis of land procurement for the public interest. Public interest is defined by Law No. 2 of 2012 Regarding Procurement of Land for Development in the Public Interest (14 January 2012) as the interest of the nation, state and society that shall be implemented by the government … Real Estate in Indonesia – Government Appropriation of Real Estate
In Indonesia, loan agreements in a peer-to-peer lending platform are acknowledged and regulated. Based on Financial Services Authority (OJK) Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Lending Services, dated 29 December 2016, there are two agreements in a peer-to-peer lending scheme: an agreement between the provider of the peer-to-peer lending service (the provider of … Fintech in Indonesia – P2P and Marketplace Lending
SSEK Legal Consultants has contributed the Indonesia section of the new Asia Employment Law: Quarterly Review of employment law developments across 15 jurisdictions in Asia. Experts from around Asia flag and comment on employment law developments during the first quarter of 2021 and highlight some of the major legislative, consultative, policy and case law changes … Employment Law Update for Indonesia and Asia
In April 2021, Indonesia’s Ministry of Health issued Minister of Health Regulation No. 10/2021 (“MOHR 10/21“) regarding vaccinations in the context of the COVID-19 pandemic. MOHR 10/21 provides that there are two types of vaccination programs, those being the official government Vaccination Program (Program Vaksinasi) and a private scheme called Mutual Cooperation Vaccinations (Vaksin Gotong Royong). … COVID-19 Vaccines: Rights and Obligations of Employers and Employees Under Indonesian Law
Following the enactment of Government Regulation No. 34 of 2021 regarding the Utilization of Foreign Workers (February 2, 2021) (\"GR 34/2021‚Äù), the Minister of Manpower (\"MOM‚Äù) has issued MOM Regulation No. 8/2021 regarding Implementing Regulation for Government Regulation No. 34 of 2021 regarding the Utilization of Foreign Workers (\"MOM Reg. 8/2021‚Äù), which entered into force … Employment of Foreign Workers in Indonesia: Minister of Manpower Regulation No. 8 of 2021
The Indonesian Currency Law and Bank Indonesia (“BI”) Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of Rupiah restrict most transactions within Indonesian territory from being carried out using foreign currency. Core upstream activities in Indonesia are exempted from this requirement for a certain period of time, such as expenditures in relation to the first three … Indonesia Oil & Gas Regulation – Currency Exchange Restrictions
The Indonesian government controls the development, construction and use of real estate by implementing spatial planning and zoning. Every regional government is required to plan the use of land, which requirement is implemented pursuant to Law No. 26 of 2007 Regarding Spatial Layout (26 April 2007). The spatial layout scheme consists of the national spatial … Real Estate in Indonesia – Planning and Land Use
Indonesia\'s Omnibus Law (Law No. 11 of 2020 on Job Creation) was issued to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. It is a sea change for anyone doing business, investing and working in Indonesia. SSEK tracks key changes under … Indonesia Omnibus Law on Job Creation and Implementing Regulations
