Blog Category: Legal Updates

Corporate Immigration Indonesia – Visit Visa and Visit Stay Permit

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SSEK Law Firm partner Stephen Igor Warokka and associate Yan Diaz Maulana Siregar discuss the most noteworthy aspects of business immigration law and practice in Indonesia, with a focus on the most consequential recent developments, in the Lexology In-Depth guide to corporate immigration. In addition to providing an insightful introduction to the immigration framework in … Corporate Immigration Indonesia – Visit Visa and Visit Stay Permit

Indonesia Competition Body Updates Online Notification System for Dual Nexus Assessment

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The Indonesian Competition Commission (Komisi Pengawas Persaingan Usaha or “KPPU”) last year introduced the dual nexus assessment, which stipulates that a transaction is notifiable to the KPPU only if it is conducted between parties with assets and/or turnover, either directly or indirectly, in Indonesia. The dual nexus requirement was introduced in KPPU Regulation No. 3 … Indonesia Competition Body Updates Online Notification System for Dual Nexus Assessment

Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

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The Indonesian government has issued a new regulation that will, among other things, provide some tax relief for income from the placement of foreign export proceeds deriving from natural resources into the Indonesian financial system. Government Regulation No. 22 of 2024 (“GR 22/2024”) came into force on May 20, 2024. It amends Government Regulation No. … Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

Acquiring a Company in Indonesia

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SSEK Law Firm senior partner Ira A. Eddymurthy, senior associate Bima Danubrata Adhijoso and associate Agung Kurniawan Sihombing provide the latest legal information for Indonesia on acquiring a company, antitrust regulations, restrictions on foreign investments, stakebuilding, negotiation, mandatory offer thresholds, conditions for a takeover offer, squeeze-out mechanisms, disclosure, duties of directors, defensive measures and shareholder … Acquiring a Company in Indonesia

Looking Ahead to Indonesia’s Personal Data Protection Agency

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The introduction of Law No. 27 of 2022 regarding Personal Data Protection (“PDP Law”) on October 17, 2022, marked a significant step toward strengthening data protection in Indonesia. Among other actions, the PDP Law calls for the creation of a new data protection body, the Personal Data Protection Agency (“PDP Agency”), which will be an … Looking Ahead to Indonesia’s Personal Data Protection Agency

Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program

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The Indonesian government has issued a new regulation on the public housing savings program and the contributions by employers and employees that will become mandatory beginning in 2027. Government Regulation No. 21 of 2024 (“GR 21/2024”) was enacted on May 20, 2024. It amends Government Regulation No. 25 of 2020 regarding the Implementation of the … Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program

Indonesia Issues New Regulation on Solar Rooftop Power Plants

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In an effort to achieve a new and renewable energy mix of 23% by 2025, the Government of Indonesia is fast-tracking solar energy development with the introduction of a new regulation on rooftop solar power plants. Regulations on rooftop solar power plants for households and commercial and industrial customers have drastically evolved since 2017. Initially, … Indonesia Issues New Regulation on Solar Rooftop Power Plants

Fortifying Indonesia’s Cyber Defenses: New Regulations for National Security and Crisis Management

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Indonesia’s Presidential Regulation No. 47 of 2023 regarding National Cyber Security Strategy and Cyber Crisis Management (“PR 47/2023”) was enacted on July 20, 2023. This regulation provides strategic guidelines for government institutions and stakeholders to enhance (i) national cybersecurity and (ii) cyber crisis management. Central to this effort is the National Cyber and Crypto Agency … Fortifying Indonesia’s Cyber Defenses: New Regulations for National Security and Crisis Management

Indonesia Regulates Responsibility of Digital Platform Companies to Support Quality Journalism

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A regulation that takes effect on August 20, 2024, sets out new obligations for digital platform companies operating in Indonesia to support quality journalism. Presidential Regulation No. 32 of 2024 regarding the Responsibilities of Digital Platform Companies to Support Quality Journalism (“PR 32/2024”) was issued on February 20, 2024. Essentially, PR 32/2024 aims to provide … Indonesia Regulates Responsibility of Digital Platform Companies to Support Quality Journalism