Expertise: Perkapalan & Logistik

Vessel-Owning JV Companies Must Have Indonesian Shipping Company as Majority Shareholder for Vessel Registration

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

Shipping – Indonesia

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

Shipping Law – 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 Update: Preferential Tariffs Under the RCEP and IK-CEPA

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

Shipping Law – Indonesia

SSEK partner Stephen I. Warokka and Mutiara K. Ramadhani, an associate at the firm, have contributed the Indonesia to the Chambers Shipping 2022 global guide. 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 Shipping Law – Indonesia

Easing of Foreign Investment Restrictions for Distribution Business in Indonesia

The issuance of Indonesia’s Job Creation Law (Law Number 11 of 2020) and the New Investment List eased foreign investment restrictions for businesses across the country’s economy. For distributor businesses, the previous foreign ownership cap of 67% was removed to allow in principle 100% foreign capital, a loosening that could result in greater foreign investment Easing of Foreign Investment Restrictions for Distribution Business in Indonesia

SSEK Featured at Webinar on Foreign Investment in the Distribution Business in Indonesia

SSEK partner Stephen Igor Warokka took part in the recent webinar Legal Survey on Distribution in Indonesia. The webinar, which was geared toward Japanese companies, was hosted by the Indonesian Ministry of Investment/Indonesia Investment Coordinating Board (BKPM) and the Japan International Cooperation Agency (JICA). Also speaking at the event was a representative from the Japan-headquartered SSEK Featured at Webinar on Foreign Investment in the Distribution Business in Indonesia

Webinar: Legal Survey on Distribution in Indonesia

The Indonesian Ministry of Investment/Indonesia Investment Coordinating Board (BKPM) and the Japan International Cooperation Agency (JICA) are hosting a special webinar, Legal Survey on Distribution in Indonesia. About the webinar Under Indonesia’s new Investment Priority List issued in February of this year, distributor businesses that previously had a maximum foreign ownership of 67% can now Webinar: Legal Survey on Distribution in Indonesia