SSEK Legal Consultants’ Rusmaini Lenggogeni and Winnie Y. Rolindrawan provide an overview of the rules and regulations affecting investment in Indonesia and look at the main legal developments in the country over the last year and how they impact companies operating or investing here. 1. What were the most important legal developments in Indonesia in … A New Business Landscape in Indonesia
By Ade B. Adamy With a population of more than 250 million, Indonesia is an attractive country for investors, particularly those interested in the distribution, retail and franchise sectors. But 2014 was a nervous time for new and existing investors in Indonesia, many of whom delayed any major actions to see how the country’s legislative … Indonesian Franchising Rules and Regulations
By Awang Fahrizal Bahrin Indonesia’s Construction Services Development Institute (LPJK) has issued LPJK Regulation No. 5 of 2014 regarding Integrated Construction Services Registration, dated June 11, 2014 (LPJK Reg. 5/2014 or the “New Regulation”). LPJK Reg. 5/2014 revokes LPJK Decision No. 15/KPTS/LPJKN/II/2012 regarding Procedures for the Re-Registration, Renewal of Terms, New Certificate Request of Integrated … New Registration Rules for Integrated Construction Service Companies in Indonesia
By Andini H. Dewi B ank Indonesia (BI) recently issued several regulations related to foreign exchange transactions by Indonesian banks, which update existing regulations issued by BI. Below is a brief summary of the new regulations: 1. Bank Indonesia Regulation No. 16/16/PBI/2014 dated September 17, 2014 regarding Foreign Exchange Transactions against Rupiah with Domestic Parties … Bank Indonesia Regulations on Foreign Exchange Transactions
Indonesia is one of the world’s most volcanically active countries and among the countries with the greatest geothermal energy potential. Dwindling production of traditional energy sources such as oil and gas has the Government of Indonesia (GOI) seeking alternatives to maximize national energy production. That includes developing geothermal energy, which is expected to play a … New Geothermal Energy Law: New Hope for Geothermal Energy Development in Indonesia
This is the seventh and final post in our 2014 Legal Guide to Oil Regulation. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Taxation The taxes applicable to upstream and downstream oil activities in Indonesia include income taxes, VAT, import duties and tariffs, regional taxes and other levies. Please note that the … Legal Guide to Oil Regulation in Indonesia: Taxation, Price Controls, Competition and Outlook
This is the sixth post in our 2014 Legal Guide to Oil Regulation. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Health, safety and environment The Ministry of Energy and Mineral Resources (MEMR), Directorate General of Oil and Gas (DGOG), Special Task Force for Upstream Oil and Natural Gas Business Activities (SKK … Legal Guide to Oil Regulation in Indonesia: HSE and Labor
This is the fifth post in our 2014 Legal Guide to Oil Regulation. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Use of domestic goods A PSC contractor is required to prioritize the use of domestic goods, services, technology and engineering and design expertise in a transparent and competitive manner, in accordance … Legal Guide to Oil Regulation in Indonesia: Local Content, Transfers, Decommissioning and Transportation
This is the fourth post in our 2014 Legal Guide to Oil Regulation. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Under the Oil and Gas Law, entities in the form of a state-owned enterprise (SOE), regional-owned enterprise (BUMD), a cooperative, small business or private business entity may enter into a … Legal Guide to Oil Regulation in Indonesia: Licenses, Royalties and Contracts
This is the second post in our 2014 Legal Guide to Oil Regulation. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Principal legal framework regulating oil activities The oil and gas sector in Indonesia is mainly regulated by Law No. 22 of 2001 regarding Oil and Natural Gas (the Oil and Gas … Legal Guide to Oil Regulation in Indonesia: Regulation Overview
