Year Category: 2024

Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

The Indonesian government has issued a new regulation that will, among other things, provide some tax relief for income from the placement of foreign export proceeds deriving from natural resources into the Indonesian financial system. Government Regulation No. 22 of 2024 (“GR 22/2024”) came into force on May 20, 2024. It amends Government Regulation No. Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

Outlook for Arbitration in Indonesia

The Indonesian National Board of Arbitration (Badan Arbitrase Nasional Indonesia or BANI) is hosting a seminar on Thursday, July 25, on “The Outlook of Arbitration in Indonesia.” The seminar will cover:   Development of arbitration in Indonesia following Supreme Court Regulation No. 3 of 2023 Emergency arbitration Online dispute resolution (ODR) in Indonesia and beyond Outlook for Arbitration in Indonesia

SSEK Partners Recognized for Indonesia in Benchmark Litigation Asia-Pacific

Three SSEK Law Firm partners were recognized as leading practitioners for Indonesia in the 2024 edition of Benchmark Litigation Asia-Pacific, the definitive guide to the region’s leading dispute resolution firms and lawyers. Dewi Savitri Reni was recognized as a Litigation Star. Mahareksha S. Dillon was named a Future Star and was named to the Top SSEK Partners Recognized for Indonesia in Benchmark Litigation Asia-Pacific

Acquiring a Company in Indonesia

SSEK Law Firm senior partner Ira A. Eddymurthy, senior associate Bima Danubrata Adhijoso and associate Agung Kurniawan Sihombing provide the latest legal information for Indonesia on acquiring a company, antitrust regulations, restrictions on foreign investments, stakebuilding, negotiation, mandatory offer thresholds, conditions for a takeover offer, squeeze-out mechanisms, disclosure, duties of directors, defensive measures and shareholder Acquiring a Company in Indonesia

SSEK Leads Event on Personal Data Protection in Indonesia

SSEK Law Firm partner Nico A. P. Mooduto and associate Agung K. Sihombing recently provided a briefing on personal data protection in Indonesia for members of the International Pharmaceutical Manufacturers Group (IPMG). Nico, who is also a certified data protection officer, and Agung led attendees through the key points of Indonesia’s Personal Data Protection Law SSEK Leads Event on Personal Data Protection in Indonesia

SSEK Partner Moderates National Webinar on Foreign Workers in Indonesia

SSEK Law Firm partner Stephen Igor Warokka hosted a recent national webinar on the Implementation of Regulations for Foreign Workers (TKA) and Immigration Residence Permits for Foreigners in Indonesia. The event was organized by the Indonesia Labor Law Consultants Association (Himpunan Konsultan Hukum Ketenagakerjaan Indonesia or HKHKI). A number of guest speakers were on hand SSEK Partner Moderates National Webinar on Foreign Workers in Indonesia

Looking Ahead to Indonesia’s Personal Data Protection Agency

The introduction of Law No. 27 of 2022 regarding Personal Data Protection (“PDP Law”) on October 17, 2022, marked a significant step toward strengthening data protection in Indonesia. Among other actions, the PDP Law calls for the creation of a new data protection body, the Personal Data Protection Agency (“PDP Agency”), which will be an Looking Ahead to Indonesia’s Personal Data Protection Agency

Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program

The Indonesian government has issued a new regulation on the public housing savings program and the contributions by employers and employees that will become mandatory beginning in 2027. Government Regulation No. 21 of 2024 (“GR 21/2024”) was enacted on May 20, 2024. It amends Government Regulation No. 25 of 2020 regarding the Implementation of the Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program