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 types of PNBP in accordance with … Mining in Indonesia – Duties, Royalties and Taxes
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 MEMR Regulation 7/2020, applications for the … Mining in Indonesia – 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
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“) 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 amends various provisions … Indonesia Omnibus Law – 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“), 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
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 things, amends … Indonesia Omnibus Bill – Changes to the Electricity Law
The Indonesian House of Representatives (Dewan Perwakilan Rakyat or “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 … Indonesia Omnibus Bill – Changes to the Mining Law
The Constitution stipulates that Indonesia’s natural resources are controlled by the state and must be used for the maximum benefit of the Indonesian people. Article 4, paragraph 2 of Law 4/2009 on Coal and Mineral Mining (Law 4/2009) enables the central government or the regional government to exercise control over mineral mining activities. However, the … Mining in Indonesia – Mining Rights and Title
In addition to the Indonesian Constitution, the principal law that regulates the mining industry is Law 4/2009 on Coal and Mineral Mining (Law 4/2009), the amendment of which, under the draft Amendment to Law 4/2009 (the Mining Law Amendment), was recently ratified by the House of Representatives. The Ministry of Energy and Mineral Resources (MEMR) … Mining in Indonesia – Principal Laws and Regulatory Bodies
The mining industry in Indonesia is regulated by way of mining laws. The main regulation is Law 4/2009 on Coal and Mineral Mining (Law 4/2009), which is further implemented by various regulations and decrees issued by: the central government; the Ministry of Energy and Mineral Resources (MEMR); and regional governments at the provincial and … Mining in Indonesia – Legal and Regulatory Structure
