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Blog: Legal Updates

COVID-19 in Indonesia: Relaxation of BPJS of Employment Contributions

In accordance with a new government regulation namely PP 49 of 2020 that has been signed by President Joko Widodo on 31 August 2020, the contribution for BPJS of Employment in Indonesia has been relaxed. The purpose of this relaxation is to help ease the burden of the participants who have to deal and cope …

New Requirements for Ecommerce Businesses in Indonesia to Take Place in November 2020

The potential of ecommerce businesses in Indonesia is enormous. It is no wonder that foreign investors want to get involved in the ecommerce startup scene in Indonesia. But what are the motivators for such huge ecommerce growth in the country? The answers lie in its developing digital infrastructure, substantial population, supportive government, and growing digital, …

COVID-19 in Indonesia: Updates from BPOM & Ministry of Health on Services

Throughout the first semester of 2020, there has been one event that has profoundly affected millions of lives, economies and businesses around the world, including in Indonesia. It is the coronavirus, also known as COVID-19, crisis. What is COVID-19? COVID-19 is a kind of coronavirus. It was identified in late 2019 and was declared a …

Newest Import Tariffs in Indonesia: 2020 Update

There is a new governmental regulation stipulating the import into Indonesia that has been effective since January 30, 2020. This regulation is the Finance Ministerial Regulation (PMK) No.199/2019 and it was enacted to reduce the maximum value for imported goods to be tax free. According to PMK 199/2019, the maximum value of tax-free items for …

Insurance Companies in Indonesia Allow Higher Foreign Ownership: 2020 Update

Considering Indonesia’s huge population, the insurance industry in the country has been presenting significant opportunities. With the growing middle-income and wealthier population, the insurance buyers in Indonesia are also on the rise. These attractive target audiences in the insurance industry have given foreigners intentions to start an insurance company in Indonesia. Therefore, the growth rate …

Government Has Implemented New Tax Regulations Following COVID-19 Situation in Indonesia

COVID-19 PANDEMIC: INDONESIAN GOVT. HAS OFFERED TAX INCENTIVES To provide support for businesses and individuals during the COVID-19 crisis in Indonesia, the Minister of Finance has issued PMK 44/2020 regarding business sectors that are eligible for tax incentives.   There are 4 types of tax incentive applications that are valid from April to September 2020: …

Indonesia’s Negative Investment List to be Replaced with Positive Investment List

According to the government in Indonesia, a positive investment list, also known as the priority list, will be issued in January 2020. The purpose of the positive investment list is to encourage more foreign investments for sectors that are previously partially closed or fully closed under the negative investment list in Indonesia. With the increase …

Important Update on Licensing Procedures for Location Permit

The Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency of Indonesia has recently made effective Regulation 17/2019 on Location Permit on September 20, 2019, replacing the previous Regulation 14/2018. This new regulation was enacted to clarify the location permit issuance framework under the Online Single Submission system (OSS). Regulation 17/2019 made …

Business Update: Readjustment of Business Plans Required to Have AMDAL

The Minister of Environment and Forestry issued Regulation 38/2019 on Types of Business and/or Activity Plans Which are Obliged to Possess Environmental Impact Analyses (AMDAL) to enhance the business climate in Indonesia. This regulation became effective on September 5, 2019. Regulation 38/2019 made adjustment to the types of businesses and activities that are required to …