Govt. Establishes Joint Tax-Amnesty Task Force in Bid to Establish Greater Legal Certainty
Team will be responsible for oversight of repatriated funds and any resulting domino effect
Attorney General’s Office and Indonesia Deposit Insurance Corporation to Cooperate in the Handling of Legal Issues Related to Liquidated Bank Assets
Extended collaboration to cover the handling of issues relating to administration and private law
BI Governor Pins Hopes on Successful Implementation of Tax-Amnesty Policy
Tax reforms and impartial law enforcement seen as vital to ultimate success of policy
Indonesian Law Digest
Bill on Persons with disabilities
Friday, April 22, 2016
This week’s ILD will analyze and discuss issues relating to the protection and realization of the rights of persons with disabilities, as they are set out under the Bill.
Friday, April 15, 2016
This edition of Indonesian Law Digest (ILD) follows up on last week’s ILD publication (No. 449), which offered a discussion of intellectual property rights (IPR) which covered IPR objects and the various parties eligible to enjoy IPR.
Friday, April 08, 2016
This week’s Indonesian Legal Digest (ILD) is the first of two ILD’s focusing on the registration of intellectual property rights (“IPR”), which will confine their discussions to the following sub-topics: IPR objects (Part I), Parties entitled to secure such rights (Part I), IPR registration procedures (Part II); and The potential economic gains of registering IPR (Part II)
Indonesian Legal Brief
Govt. Finally Regulates Application-Based Transportation Services
Thursday, April 28, 2016
The main purpose of the issuance of the 2016 Regulation is to address the ongoing debate and controversy surrounding the legality of various application-based transportation services. In addition, the 2016 Regulation also updates the guidelines for the provision of non-fixed-route public-transportation services.
Supreme Court Improves Handling Efficiency and Transparency for Bankruptcy Cases and Suspension-of-Debt-Payment-Obligation Cases
Wednesday, April 27, 2016
In essence, the Circular Letter aims to ensure greater legal certainty and efficiency as regards the processing of bankruptcy or suspension-of-debt-payment-obligation (Penundaan Kewajiban Pembyaran Utang/”PKPU”) cases by commercial courts.
New Procedure for Transferring Right-to-Build Land Titles in Certain Areas
Tuesday, April 26, 2016
The 2016 Regulation simplifies the procedure for the transfer of land with right-to-build titles (hak guna bangunan) located in certain cities. This simplified procedure covers almost all transfer stages at the regional land-agency office.
Monthly Law Review
Monthly Law Review March 2016
Thursday, March 31, 2016
Moving on, three notable pieces of legislation were passed by the House of Representatives in mid-March which seemingly have the best economic interests of the Indonesian public at heart. Firstly, the Bill on the Protection and Empowerment of Fishermen, Fish Farmers and Salt Farmers paves the way for Indonesia to become a strong maritime country. The second piece of legislation, the Bill on Persons with Disabilities, legally obliges employers to ensure that at least 1% of their workforce comprises of people with disabilities. The Bill on the Prevention and Control of Financial-System Crises has also just passed into law and has been long awaited by the Ministry of Finance
Monthly Law Review February 2016
Monday, February 29, 2016
It’s fair to conclude that the economic climate in Indonesia has proved reasonably steady during February. There has been no significant movement with respect to the national economy, although the Rupiah is showing encouraging signs of strengthening. Economists believe that the currently sluggish US economy and the decision by Bank Indonesia (BI) to cut interest rates, as well as increasing investor confidence regarding Indonesia’s economic performance are the three main factors behind the country’s present stabilization.
Monthly Law Review January 2016
Friday, January 29, 2016
From mid-December 2015 until mid-January 2016, a number of new regulations aimed at business were issued by the government, including several new government regulations on forestry aimed at accelerating the development of non-forestry industry in forested areas. These new regulations should ultimately have a positive contribution to make to the national economy.