By Andini H. Dewi The Indonesian Government recently issued the long-awaited and anticipated Tax Amnesty Law (Law No. 11 of 2016). Discussion of a possible tax amnesty began in 1998, as part of a larger projected overhaul of the tax system in Indonesia. However, the discussions faltered and the Government, instead of a tax amnesty, implemented … What You Need to Know about the Indonesian Tax Amnesty Law
Among recent actions taken by Indonesian President Joko Widodo to strengthen regulatory and enforcement functions in the environmental sector was the integration of two previously separate but interlinked departments to become the Ministry of Environment and Forestry (MOEF), through the issuance of Presidential Regulation No. 16 of 2015 regarding the Ministry of Environment and Forestry … Indonesian Legal Review: Environment
Whistleblower protections in Indonesia primarily relate to criminal matters. The main legislation related to whistleblowers is the Witness and Victim Protection Law. However, companies often inquire whether there are any whistleblowing rules under the Indonesian Employment Law (Law No. 13 of 2003). Whistleblowing and the Employment Law The Indonesian Employment Law does not contain explicit … Whistleblowing and Indonesian Employment Law: Rules for Companies
The Government of Indonesia (GOI) recently issued a package of economic policies designed to remove irrelevant requirements and to deregulate and spur the growth of the Indonesian economy. The result is that more than 31 percent of licensing processes at the Ministry of Trade (MOT) were eliminated by deleting unnecessary examination procedures at more than … Indonesian Legal Review: Distribution
By Ade B. Adamy Perhaps the most talked-about regulation in 2015 was Bank Indonesia’s regulation and circular letter on the mandatory use of Rupiah. These were Bank Indonesia Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of Rupiah within the Republic of Indonesia (BI Reg 17/2015) and Bank Indonesia Circular Letter No. 17/11/DKSP regarding the Mandatory … Indonesian Legal Review: Currency
By Fransiscus Rodyanto Indonesia’s geothermal resources are among the largest in the world, with 299 geothermal locations and a total potential of 28,807 MW, or around 40 percent of the total geothermal resources worldwide, according to a September 2014 press release from Indonesia’s Directorate General of Geothermal. In order to utilize this enormous energy potential, … Indonesian Legal Review: Geothermal
By Nico Mooduto As of December 31, 2015, the Constitutional Court (the Court) had rendered 157 decisions. Of those cases, only 25 applications for judicial review were granted by the Court. This article focuses only on those applications that have been granted and then only on those judicial review decisions that reviewed the constitutionality of … Indonesian Legal Review: Constitutional Law
An important development in the consumer protection area concerns air travel consumers. The Ministry of Transportation (the MOT) first addressed consumer protection for airline passengers in 2011 with the issuance of Minister of Transportation Regulation No. 77 of 2011 regarding the Responsibilities of Air Carriers, dated August 10, 2011 (MOT Reg 77/2011). That regulation, among other … Indonesian Legal Review: Consumer Protection
Indonesia’s Company Law (Law No. 40 of 2007 regarding Limited Liability Companies) regulates how companies operate their corporations in Indonesia. Since the Company Law was enacted in 2007, it has not been amended nor were there any new regulations issued in 2015 related to the Company Law. One regulatory development is noteworthy and this was … Indonesian Legal Review: Company Law
Indonesia’s international investment policy has been in the spotlight since the Government of Indonesia (the GOI) conveyed in 2014 its intention to terminate all of its existing bilateral investment treaties (BITs). This announcement has raised concerns among current and foreign prospective investors in Indonesia, since BITs provide the foundation for protection against governmental expropriation and … Indonesian Legal Review: Bilateral Investment Treaties
