Friday, November 20, 2015
This edition of Indonesian Law Digest (“ILD”) will highlight the differences between the 5/2013 Regulation and the 15/2015 Regulation, which is aimed at easing direct investment in Indonesia via the introduction of a One-Stop Integrated Investment Service facility (Pelayan Anter Padu Satu Pintu Di Bidang Penanaman Modal – “PTSP”) for the obtaining of the relevant licenses.
Friday, November 13, 2015
This edition of Indonesian Law Digest (“ILD”) will pinpoint the essential differences between the 5/2013 Regulation and the 14/2015 Regulation, which is aiming to ease direct investment in Indonesia via the introduction of a one-stop integrated investment service (pelayanan terpadu satu pintu di bidang penanaman modal – “PTSP”) for the obtaining of the relevant licenses.
Friday, November 06, 2015
The Draft Bill is aiming to improve the management and collection of PNBP, as laid out under the 1997 PNBP Law. One of the highlights of the Draft Bill, which will also be discussed here, is a change in the roles played by various government institutions. Previously, these institutions were merely administrators as regards the collection of PNBP, however under the Draft Bill, their authority now extends into the area of management, to the extent that they will now be able to appoint third parties to do the actual collection of PNBP for them.
Wednesday, November 25, 2015
The Minister of Trade (“Minister”) has issued Regulation No. 71/M-DAG/PER/9/2015 on Import Provisions for Horticultural Products (“2015 Regulation”). The 2015 Regulation aims to simplify the procedures for importing horticultural products into Indonesia.
Tuesday, November 24, 2015
The Minister of Energy and Natural Resources has issued Regulation No. 38 of 2015 on the Acceleration of Unconventional Oil and Gas Business. In a bid to accelerate the development of non-conventional oil and gas in Indonesia, the 2015 Regulation sets out new contract schemes for oil and gas businesses.
Monday, November 23, 2015
As part of the government’s fifth economic-policy package, the 2015 Regulation aims to increase state revenue generated by the income-tax sector. To this end, the 2015 Regulation stipulates provisions on fixed-asset revaluations by determining temporary income-tax incentives for taxpayers who are currently revaluating their fixed assets.
Friday, October 30, 2015
A quick read through this edition of the Monthly Law Review makes it clear that the current government is deeply committed to policies such as deregulation, visa exemptions, the simplification of the business-licensing process, as well as the requirements that have to be met in order to hire foreign citizens, and many other policies. All of the new regulations pertaining to these matters should provide a boost to national economic growth.
Friday, October 09, 2015
In this edition of the Monthly Law Review, we take a look at 50 regulations that have been classified into the areas of General Corporate, Energy and Natural Resources, Trade, Taxation, and Financial Services, as well as a section for regulations that could not easily be categorized, and which we have therefore titled “Miscellaneous”.
Monday, August 31, 2015
Until now then, no significant or even urgent measures have been taken by the government in the face of the economic turmoil. This is evident from the laws and regulations reviewed by us in this August edition of our Monthly Law Review, most of which deal with administrative problems.