On December 11, 2023, the Indonesian Minister of Trade (“MoT”) issued a new regulation that introduces substantial changes to import policies and arrangements, with the stated aim of clarifying and improving import procedures in Indonesia. The new regulation, MoT Regulation No. 36 of 2023 on Import Policies and Arrangements (“Regulation 36/2023”), is effective as of … New Indonesia Trade Regulation on Import Policies and Arrangements: A Simplification or Mere Clarification?
SSEK Law Firm is recognized as a Tier 1 firm for four practice areas in the 2024 Legal 500 Asia Pacific directory of the leading law firms and lawyers in the region, underlining SSEK’s position as one of the elite law firms in Indonesia. SSEK received a top-tier ranking for: Corporate and M&A IT, … SSEK Named Leading Law Firm for Multiple Practice Areas in New Legal 500 Rankings for Indonesia
Following the major change in 2021 to the criteria for the registration of vessels in Indonesia, the Director General of Sea Transportation (“DGST”) has reaffirmed that any company that wishes to register a vessel in Indonesia for commercial purposes must have an Indonesian sea transportation company as its majority shareholder. The elucidation to Article 93 … Directorate General of Sea Transportation Reaffirms Requirement to Have Indonesian Shipping Company as Majority Shareholder for Vessel Registration
SSEK Law Firm has been recognized as one of the leading law firms in Indonesia in an impressive 19 industry sectors and practice areas in the Asialaw 2023-24 rankings of the top law firms and lawyers in Asia Pacific. SSEK was ranked as Outstanding, the highest tier awarded, in four industry sectors and practice areas. … SSEK Named Outstanding Firm for Indonesia in New Asialaw Rankings
Following the enactment of the Omnibus Law (Law No. 11 of 2020 on Job Creation) on November 2, 2020, the Government of Indonesia issued various implementing government regulations to regulate a wide array of sectors, including the shipping sector. On February 2, 2021, the Government of Indonesia issued Government Regulation No. 31 of 2021 dated … Vessel-Owning JV Companies Must Have Indonesian Shipping Company as Majority Shareholder for Vessel Registration
SSEK Law Firm partner Stephen Igor Warokka and associate Mutiara Kasih Ramadhani provide the latest information on port state control, marine casualties and owners’ liability, cargo claims, maritime liens and ship arrests, passenger claims, ship-owners’ income tax relief and the implications of Covid-19, environmental regulations and trade sanctions in Indonesia, in the Chambers and Partners … Shipping – Indonesia
Chambers Shipping 2023 Chambers Shipping 2023 covers 29 jurisdictions. The guide provides the latest information on port state control, marine casualties and owners’ liability, cargo claims, maritime liens and ship arrests, passenger claims, ship-owners’ income tax relief, and the implications of COVID-19, environmental regulations and trade sanctions. Download the Indonesia chapter of Shipping 2023 here.
Indonesia’s Director General of Sea Transportation (Direktur Jenderal Perhubungan Laut or “DJPL”) has issued a regulation that eases the moratorium it placed on the issuance of new Special Port Licenses and the extension of Private Port for Temporary Public Use Licenses last year. The DJPL issued Decree No. KP-DJPL 762 of 2022 dated December 22, … Indonesia Eases Moratorium on Private Port Licenses
In an effort to bolster international trade, the Government of Indonesia recently ratified two free trade agreements. It ratified the Regional Comprehensive Economic Partnership (“RCEP”) agreement with the enactment of Law No. 24 of 2022 regarding the Ratification of RCEP (“Law 24/2022”), and it ratified the Comprehensive Economic Partnership Agreement Between the Government of the … Indonesia Update: Preferential Tariffs Under the RCEP and IK-CEPA
SSEK Law Firm is ranked as a Tier 1 firm across five practice areas in the 2023 Legal 500 Asia Pacific directory of the leading law firms and lawyers in the region. These rankings underline SSEK’s position as one of the elite law firms in Indonesia. SSEK received a top-tier ranking for: Corporate and M&A … SSEK Earns Five Tier 1 Ratings in 2023 Legal 500 Indonesia