• id

Blog - Legal Updates

THE ULTIMATE GUIDE TO DOING BUSINESS IN INDONESIA

Behind every success of business expansion is the comprehensive knowledge of regulations, legal compliances, procedures and socio culture, among others. If you are intending to expand to Indonesia, get our free copy of e-book to learn about starting a business in Indonesia, everything you need to know from A-Z. Simply click the "download" button below.

Download "E-Book: Doing Business in Indonesia"

Blog: Legal Updates

Principle Business License Replaced with Capital Investment Registration

The Investment Coordinating Board in Indonesia (BKPM) has just made effective of the new changes on January 2, 2018, regulated under BKPM Regulation No. 13 of 2017 (BKPM Reg. 13/2017). This new regulation concerning the Guidelines and Procedures for License and Investment Facilities, has now taken effect at the Central One Stop Services Office of …

Bank Indonesia Launches Regulation on Fintech

For the first time in the history of Indonesia, Bank Indonesia (BI) launched a regulation on financial technology also known as fintech. Regulation Number 19/12/PBI/2017 regarding the Provision of Financial Technology, dated November 30, 2017 (“Reg. 19/2017″), was made public by BI on December 7 and will come to effect on December 30, 2017. …

MUI has Revoked the Indonesia Halal Certification: Essentials to Know

The change that had long been expected finally came into effect. The Indonesian Council of Ulama (MUI) had delegated its authority to issue the halal certification to a newly established institution. The inauguration of the body of Halal Product Assurance Organizing Agency (BPJPH) happened on October 11th, 2017. It’s been three years after the law …

Company Registration Indonesia Update: Annual License Renewal is No Longer Needed

Indonesian current government is so consistent in promoting Indonesia as a conducive and reliable country for foreign investment. Many efforts have been done by the government, including issuing policies that will make foreign investment more feasible. The most recent ones are the Regulation Number 07/M-DAG/PER/2/2017 by the Ministry of Trade Republic Indonesia on Trading Business …

Update from BKPM: Three-Hour License Service For Energy Sector

Three-hour licensing procedure was issued by Indonesian Investment Coordinating Board (BKPM) on January 30, 2017. This is a good news for foreign investors related to energy and mineral resources. This rapid licensing procedure is for nine types of operations (eight of which are for oil and gas sectors and one of them is for electricity …

Getting Halal Certificate in Indonesia

Getting halal certificate will give you a trustworthy brand image for Moslem consumers, which means more profits for your business in Indonesia. Indonesia is a country with the biggest Moslem population in the world, stating that approximately 14 percent of the world’s Moslem people live in this nation. That’s why halal industry offers a very huge …

Tax Amnesty: The Benefits and Challenges

Tax amnesty is actually a government effort to give opportunities for taxpayers to become clean, with the hope that they can continue paying their taxes with reduced or waived interests and/or penalties. This amnesty is given for a certain period of time and is given to both individuals and companies. Ideally, this kind of amnesty …

The Latest Regulation on Indonesia 2016 Negative Investment List

The new Negative Investment list has finally been published by Indonesia Investment Coordinating Board (BKPM) on May 18th, 2016. This 2016 Negative Investment List is replacing the 2014 Negative Investment List or Daftar Negatif Investasi 2014. There are some sectors that are closed for the foreign investment on the prior Negative List. But now those …

Easy Investing Service Program in Indonesia

This is good news for investors that target Indonesia as their potential market. The Indonesian government through its Investment Coordinating Board (BKPM) has issued two new policies that enable investor to conveniently invest in Indonesia. The two policies are called Kemudahan Investasi Langsung (KLIK), which is literally translated as Simplicity in Direct Investment as well …