Strong Opposition to Extension of Freeport’s Contract of Work
Govt to issue Government Regulation in lieu of Law to clarify details of export of raw mineral products
Foreign Financial Institutions to Provide Better Access for Indonesian SMEs
Bank Indonesia will work on implementation of inclusive financial practices
Govt Expects Increased Registrations of Domestic Franchise Businesses
Franchise registration certificates will be issued once criteria met
Indonesian Law Digest
Choosing the Right Business Vehicle (Part II): Non-Profit Oriented Entities
Friday, January 30, 2015
After discussing profit-oriented entities, this edition of ILD will shift its focus non-profit oriented incorporated entities namely foundations (yayasan), churches (gereja), and associations (perkumpulan). This ILD will highlight the main characteristics of each organization, establishment process, organizational structures, and how each organization may generate income to maintain its existence.
Choosing the Right Business Vehicle (Part I): Profit-Oriented Entities
Friday, January 23, 2015
This edition will cover general provisions on incorporated entities and entities that are established for commercial purposes covering the Limited Liability Company (LLC) and Cooperatives. The next edition will be dedicated to non-profit oriented incorporated entities, covering foundations, associations, higher education institutions, and churches.
E-Cigarettes: An Overview of Indonesia’s Regulatory Preparedness
Friday, January 16, 2015
Keeping in mind that Indonesia has not regulated its e-cig industry, this Indonesian Law Digest (“ILD”) will focus on the current regulatory framework, analyzing e-cig devices and e-liquids under existing regulations. Producers and retailers of e-cigs, including those who regularly use e-cigs - known as vaper - can benefit from knowing how the current regulatory framework applies to the e-cig industry.
Indonesian Legal Brief
Mandatory Implementation of Safety Management Systems in Mining Sector
Friday, January 30, 2015
The Minister of Energy and Natural Resources (“Minister”) has issued Regulation No. 38 of 2014 on Implementation of Safety Management Systems for Mineral and Coal Mining (“Regulation”) to provide for safe, secure, efficient, and productive mining operations.
Provisions on Authorized Economic Operators Reregulated
Thursday, January 29, 2015
The Minister of Finance (“Minister”) has issued Regulation No. 227/PMK.04/2014 on Authorized Economic Operators (“Regulation”). In general, the Regulation provides guidelines for securing an acknowledgement from the Director General of Customs and Excise (“Director General”) as an Authorized Economic Operator (“AEO”) for customs and logistics related matters.
Mandatory Use of L/C for Exporting Mining and Energy Products
Wednesday, January 28, 2015
The Minister of Trade (“Minister”) has issued Regulation No. 04/M-DAG/PER/1/2015 on Provisions to Use a Letter of Credit for Exporting Certain Commodities (“Regulation”). The purpose of the Regulation is to optimize foreign-exchange gains from export activities which is realized by ensuring payment certainty for exported natural resource products.
Monthly Law Review
Monthly Law Review January 2015
Friday, January 30, 2015
This edition of Monthly Law Review reviews 56 regulations, covering sectors such as trade, energy & natural resources, general manufacturing & industry, corporate, taxation, financial services, and other sectors under the heading of miscellaneous.
Monthly Law Review December 2014
Wednesday, December 31, 2014
As has been the case throughout this year and as is evidenced by the greater number of the following summaries being related to its activities, the Financial Services Authority (OJK) remains one of the most active regulatory entities in Indonesia. Of particular note is a recent focus on microfinance institutions and sharia finance, as well as continued efforts to spread financial services more evenly throughout Indonesia, particularly remote areas.
Monthly Law Review November 2014
Friday, November 28, 2014
The laws and regulations issued in late October and early November 2014 are still dominated by those issued by President Yudhoyono’s administration. This is to be expected, as the new President Widodo administration is only just over a month old, and with limited time not many regulations can be expected from the new government and ministers.