Blog Category: Legal Updates

Corporate Governance in Indonesia – Current Issues and Developments

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By Rusmaini Lenggogeni Issues regarding corporate governance in Indonesia revolve around the implementation of corporate governance in the regulations and the execution thereto. Compared to other countries, corporate governance in Indonesia is still developing, particularly for those businesses not covered by specific corporate governance regulations. However, with the regulations passed by the Financial Services Authority … Corporate Governance in Indonesia – Current Issues and Developments

New Look for Indonesia’s Construction Services Development Agency

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A new regulation has introduced significant changes to the implementation of Indonesia\’s Construction Services Law, which will affect business actors in the country’s construction sector. The new regulation, Government Regulation Number 22 of 2020 (“GR 22“) regarding Implementing Regulations of Law Number 2 of 2017 regarding Construction Services (January 12, 2017) (the “Construction Services Law“), … New Look for Indonesia’s Construction Services Development Agency

Private Equity in Indonesia, Market Overview

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By Rusmaini Lenggogeni In Indonesia, information on private equity investments is not readily available. Private equity transactions are usually done through the framework of a merger and acquisition/private investment, as provided in Law No. 40 of 2007 regarding Limited Liability Companies (Company Law). If the investment target is a public Indonesian company the transaction will … Private Equity in Indonesia, Market Overview

Corporate Governance in Indonesia

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By Rusmaini Lenggogeni The principal form of corporate/business organization that applies in Indonesia is a limited liability company. However, there are other forms of business organizations such as cooperatives, representative offices and partnerships. Sources of Corporate Governance Requirements Since corporate organizations in Indonesia largely take the form of a limited liability company, corporate governance in … Corporate Governance in Indonesia

COVID-19 and Indonesia – Legal Updates

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The COVID-19 outbreak in Indonesia has disrupted almost all aspects of life in the country. Numerous regulations have been issued in response to the outbreak, affecting the way companies do business. SSEK Legal Consultants is closely monitoring events and providing regular updates on regulatory changes to help companies navigate these difficult times. Find our discussion … COVID-19 and Indonesia – Legal Updates