Blog Category: Legal Updates

New Indonesian Manpower Regulation: Minimum Wage Formula and Use of Rupiah to Pay Employees

The newly released Government Regulation No. 78 of 2015 regarding Wages (GR 78) introduces several important changes, notably concerning the calculation of provincial minimum wages and the requirement that all employees in Indonesia be paid in rupiah. GR 78 implements Article 97 of Law No. 13 of 2003 regarding Manpower, and repeals and replaces Government New Indonesian Manpower Regulation: Minimum Wage Formula and Use of Rupiah to Pay Employees

Establishing a Business in Indonesia: Shareholders and Voting Rights

SSEK Legal Consultants founding partner Ira A. Eddymurthy and partner Denny Rahmansyah have contributed the Indonesia chapter of the new Practical Law global guide to Establishing a Business in … SSEK is one of the top corporate and commercial law firms in Indonesia. It works with leading international and domestic companies on all aspects of Establishing a Business in Indonesia: Shareholders and Voting Rights

New Manpower Regulation Eliminates Controversial Work Permit Requirements under MOM Reg. No. 16

The Indonesian Minister of Manpower (MOM) has just issued an amendment to MOM Regulation No. 16 of 2015 regarding the Procedure for the Utilization of Expatriate Manpower (MOM Reg 16/2015) under MOM Regulation No. 35 of 2015 regarding Amendment of MOM Reg 16/2015, dated October 23, 2015 (MOM Reg 35/2015). MOM Reg 16/2015 required (i) New Manpower Regulation Eliminates Controversial Work Permit Requirements under MOM Reg. No. 16

Establishing a Business in Indonesia: Minimum Capital Requirements

SSEK Legal Consultants founding partner Ira A. Eddymurthy and partner Denny Rahmansyah have contributed the Indonesia chapter of the new Practical Law global guide to Establishing a Business in … SSEK is one of the top corporate and commercial law firms in Indonesia. It works with leading international and domestic companies on all aspects of Establishing a Business in Indonesia: Minimum Capital Requirements

Metal Minerals Benchmark Price Is Regulated in Indonesia

Four years after the issuance of the coal benchmark price, the Government of Indonesia has issued a formula for calculating the monthly benchmark price for base and precious metals. The formula is regulated under Directorate General of Mineral and Coal (DGMC) Regulation No. 630.K/32/DJB/2015 dated April 27, 2015 regarding Formula for Stipulating Metal Minerals Benchmark Metal Minerals Benchmark Price Is Regulated in Indonesia

New Regulation Applies Final Income Tax to Mineral and Coal Sales

To increase state revenue from the mining sector, the Government of Indonesia has imposed a new final income tax on any sale of mineral and coal, adding to the burden on the Indonesian mining industry. The new income tax, i.e. Article 22 Income Tax, is regulated under Minister of Finance (MOF) Regulation No. 107/PMK.010/2015 regarding New Regulation Applies Final Income Tax to Mineral and Coal Sales

Forming a Private Company in Indonesia

SSEK Legal Consultants founding partner Ira A. Eddymurthy and partner Denny Rahmansyah have contributed the Indonesia chapter of the new Practical Law global guide to Establishing a Business in … SSEK Legal Consultants is one of the leading corporate and commercial law firms in Indonesia. It works with international and domestic companies on all aspects Forming a Private Company in Indonesia

Customer Protections in Insurance Contracts in Indonesia

SSEK Indonesian Legal Consultants founding partner Ira A. Eddymurthy and Maria Yudhitama, an associate at the firm, have contributed the Indonesia chapter of the new Practical Law global guide to insurance and reinsurance. SSEK Legal Consultants has one of the leading insurance law practices in Indonesia and has been involved in numerous high-profile cross-border transactions. SSEK’s Customer Protections in Insurance Contracts in Indonesia