SSEK Legal Consultants has contributed the Indonesia chapter to the new Asia Employment Law, a quarterly review of employment law developments across 14 jurisdictions in Asia. Asia Employment Law: Quarterly Review is designed to help legal and human resources advisers stay up to date on employment-related legal developments in Indonesia and around Asia. For the … Update on Employment Law in Indonesia and Asia
The Indonesian Ministry of Manpower (MOM) has issued MOM Regulation Number 10 of 2018 on Procedures for the Utilization of Foreign Workers (MOMR 10/2018), which implements Government Regulation Number 20 of 2018 on the Utilization of Foreign Workers. MOMR 10/2018 revokes MOM Regulation Number 16 of 2015 and MOM Regulation Number 35 of 2015. MOMR … New Indonesian Manpower Regulation Changes Rules for Foreign Workers
With regard to private and family life in Indonesia, Article 28(G) of the 1945 Constitution provides that every person has the right to: (i) Protection of their personal selves, families, respect, dignity and possessions under their control; and (ii) Security and protection from threat of fear for doing, or not doing, something which constitutes a … Protection of Privacy in Indonesia
While there is no specific definition of shareholder activism in Indonesia, and Indonesia does not recognize shareholder activism, the Indonesian Company Law (Law No. 40 of 2007 regarding Limited Liability Companies) gives certain rights to each shareholder and minority shareholder that allow them to influence the company’s actions. Each share grants its owner the right … Shareholder Activism in Indonesia
With the introduction of the Online Single Submission (OSS) system, as regulated under Government Regulation Number 24 of 2018 on Integrated Business Licensing Services through Electronic System (GR 24/2018), the issuance and supervision of a significant portion of capital investment licensing has been transferred from the Capital Investment Coordinating Board (BKPM) and several other government … Indonesia: What Licenses Can Still Be Processed at BKPM Post-OSS?
By Michael S. Carl and Charvia Tjhai Indonesia has the largest economy in Southeast Asia, predicted to be the fifth-largest economy in the world by 2030, and is the fourth-most populous country in the world, with a young, energetic workforce and a large and growing middle class. Indonesia has made deregulating its economy a focus … Belt and Road: Indonesia
A franchise, under Indonesian regulations, is defined as a special right owned by an individual or a legal entity to a unique business system that has proven successful in selling goods and/or services, and can be used by another party based on a Franchise Agreement. Franchise Agreement A franchisor in Indonesia must deliver a draft … Franchise Agreements in Indonesia
The Indonesian government has introduced a new tariff regime for renewable energies. The new regime gives the Indonesian state power company, PT Perusahaan Listrik Negara (“PLN”), greater control over tariffs in the sector through business-to-business negotiations and benchmarking against the applicable Electricity Generation Basic Cost (Biaya Pokok Penyediaan Pembangkitan or “BPP”). The new tariff regime … Indonesia Introduces New Tariff Regime for Renewable Energies
Bank Indonesia (“BI”) has issued a long-anticipated regulation on e-money that stipulates a number of requirements and prohibitions that were previously unregulated. The new regulation, BI Regulation No. 20/6/PBI/2018 regarding Electronic Money (“BI Reg 20”), revokes all existing BI e-money regulations. E-Money Classification BI Reg 20 opens with an explicit classification of e-money based on … Bank Indonesia Sets New Limits for the Provision of E-Money
By Winnie Y. Rolindrawan The Indonesian government issued Law No. 33 of 2014 concerning Halal Product Assurance (the \"Halal Law‚Äù) in 2014. This was seen as an important piece of legislation, considering that Indonesia is home to the world\'s largest Muslim population and halal refers to what is permissible under Islamic law. The Halal Law … Questions Remain Around Halal Certification Compliance in Indonesia
