SSEK partner Fransiscus Rodyanto and Fernando Lintong, an associate at the firm, have contributed an article to Coal & Minerals Asia magazine. The article looks at the new Omnibus Law on Job Creation and its impact on the Geothermal Law. Coal & Minerals Asia is published by Petromindo, a leading supplier of information on … SSEK Contributes Article on Indonesia‚Äôs New Omnibus Law and Geothermal Resources
By Fitriana Mahiddin and Fernando Lintong Most private parties engaging in mining business activities in Indonesia do so in the form of a limited liability company. In respect of foreign investment, Law 25/2007 requires a joint venture company to be established in the form of a limited liability company. Local Entity Requirements A foreign investment … Mining in Indonesia ‚Äì Business Structures
(2 December 2020) The Indonesian Government enacted Law No. 11 of 2020 regarding Jobs Creation (the \"Omnibus Law‚Äù) on November 2, 2020. The stated aim of the Omnibus Law is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus … Indonesia‚Äôs Omnibus Law Puts Focus on Direct Use of Geothermal Resources
By Fitriana Mahiddin and Fernando Lintong Law 4/2009 on Coal and Mineral Mining (Law 4/2009) obliges mining permit (IUP) and special mining permit (IUPK) holders to pay dead rent and royalties, which are categorized as non-tax state revenue (PNBP). The draft Amendment to Law 4/2009 (the Mining Law Amendment) additionally provides that PNBP includes other … Mining in Indonesia ‚Äì Duties, Royalties and Taxes
By Fitriana Mahiddin and Fernando Lintong Under Law 4/2009 on Coal and Mineral Mining (Law 4/2009), mining license holders may apply to the relevant issuing authority (ie, the Ministry of Energy and Mineral Resources (MEMR) or governor, as relevant) to extend the initial term of the mining permit (IUP) that is due to expire. Under … Mining in Indonesia ‚Äì Renewal and Transfer of Mineral Licenses
Date: Wednesday, November 18, 2020 Time: 10:00 – 11:30 am Jakarta time Indonesia\'s highly anticipated Omnibus Bill on Job Creation has been passed into law. During this complimentary webinar, lawyers from SSEK Legal Consultants will discuss changes in the Indonesian oil and gas, mining and power sectors under the new law and how those changes … Free Webinar on the Omnibus Jobs Law and the Indonesian Oil and Gas, Mining and Power Sectors
(6 November 2020) Indonesia\'s closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 of 2020 regarding Jobs Creation (the \"Omnibus Law‚Äù) is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Law … Indonesia Omnibus Law ‚Äì Changes to the Mining Law
The administration of President Joko Widodo has set new growth targets for the use of new and renewable energy (\"NRE‚Äù), e.g. nuclear, solar, water, biomass. It aims to have NRE make up at least 23% of Indonesia\'s total energy consumption by 2025 and 31% by 2050. These targets are set out under Indonesia\'s National Energy … Indonesia Looks to Foster Development of Rooftop Solar Panels
(3 November 2020) The Indonesian House of Representatives (DPR) recently passed the Omnibus Bill on Job Creation (the “Omnibus Bill“). The stated aim of the Omnibus Bill is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Bill, among other … Indonesia Omnibus Bill ‚Äì Changes to the Electricity Law
(2 November 2020) The Indonesian House of Representatives (Dewan Perwakilan Rakyat or \"DPR‚Äù) recently passed the Omnibus Bill on Job Creation (the \"Omnibus Bill‚Äù). The stated aim of the Omnibus Bill is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. … Indonesia Omnibus Bill ‚Äì Changes to the Mining Law
