Expertise: Tax Law

Indonesia Legal Update: Mechanism to Designate Foreign and Domestic E-Commerce Providers as VAT Collectors

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In response to the continued growth of the country’s e-commerce sector, the Indonesian government has implemented a mechanism to authorize and require foreign and domestic e-commerce providers to charge and collect value-added tax (“VAT”) on sales of digital goods and services to customers in Indonesia. The latest rules are set forth in Ministry of Finance … Indonesia Legal Update: Mechanism to Designate Foreign and Domestic E-Commerce Providers as VAT Collectors

Indonesia’s Capital Idea: New Regulation Encourages Investment in Nusantara

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As Indonesia moves toward formally relocating its capital from Jakarta to Nusantara, in Kalimantan, the government recently issued a regulation meant to ease the process of doing business in the new capital and encourage companies to invest in Nusantara. Government Regulation No. 12 of 2023 regarding Business Licensing, Ease of Doing Business, and Capital Investment … Indonesia’s Capital Idea: New Regulation Encourages Investment in Nusantara

Indonesia Update: Preferential Tariffs Under the RCEP and IK-CEPA

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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

Administrative and Tax Requirements of Contracts Under Indonesian Law

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As part of the “do you know” series from the Asian Business Law Institute (ABLI), SSEK partner Fransiscus Rodyanto and SSEK associate Putri Miqaila Ameena look at the Administrative and Tax Requirements of Contracts Under Indonesian Law. There is no obligation for parties to register their commercial contracts with the Indonesian government or any of its … Administrative and Tax Requirements of Contracts Under Indonesian Law

SSEK Partner to Moderate AmCham Taxation Update Discussion

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Rusmaini Lenggogeni, a supervising partner of SSEK Legal Consultants‚Äô tax and customs practice, will moderate an upcoming discussion on the Indonesia Tax Harmonization Law and its Impact on Business. The event is organized by the American Chamber of Commerce in Indonesia (AmCham Indonesia). AmCham Taxation Update: Tax Harmonization Law and its Impact on Business Date: … SSEK Partner to Moderate AmCham Taxation Update Discussion

Indonesia Sings New Tune With Tax Harmonization Law

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The Indonesian Government recently introduced a new tax law, namely Law No. 7 of 2021 regarding the Harmonization of Taxation (“Taxation Harmonization Law‚Äù), which entered into force on October 29, 2021. The Taxation Harmonization Law is described as an ambitious tax overhaul. It amends numerous fundamental provisions of the previous taxation regime, including but not … Indonesia Sings New Tune With Tax Harmonization Law

Indonesia’s New Investment List – Summary of Draft Presidential Regulation

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Investment in Indonesia is subject to the Negative Investment List, or DNI. The current Negative Investment List was issued in 2016 through Presidential Regulation No. 44 of 2016 regarding the List of Business Fields that Are Closed and Business Fields that Are Conditionally Open for Investment. There are three types of business in the 2016 … Indonesia’s New Investment List – Summary of Draft Presidential Regulation

SSEK and AmCham Discuss Impact of Indonesia’s Omnibus Law on Halal and Tax Law

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SSEK , in collaboration with American Chamber of Commerce (AmCham) Indonesia, recently held a webinar on the Omnibus Law on Job Creation, specifically on the Halal Law and taxation provisions. SSEK senior partner Ira A. Eddymurthy discussed the impact of the Omnibus Law on the Halal Law including the certification process. SSEK partner Rusmaini Lenggogeni … SSEK and AmCham Discuss Impact of Indonesia’s Omnibus Law on Halal and Tax Law