Wednesday, March 21, 2018
Issue Number: 3330
The government is currently deliberating a new Draft Government Regulation on the Foreign Ownership of Insurance Companies, as mandated by Article 7 (3) of Law No. 40 of 2014 on Insurance.
Tuesday, March 20, 2018
Issue Number: 3329
The Ministry of Energy and Mineral Resources recently issued Regulation No. 15 of 2018 on Post-Operation Activities in Upstream Oil-and-Gas Business Activities, which is an implementation of Article 17 (4) of Government Regulation No. 79 of 2010 on Recoverable Operational Costs and Income-Tax Treatment within the Upstream Oil-and-Gas Business Sector, as amended by Government Regulation No. 27 of 2017.
Monday, March 19, 2018
Issue Number: 3328
The Governor of the Special Capital City Region of Jakarta has finally determined the 2018 minimum wages for workers across several industrial sectors after considering the results of negotiations that took place between business associations and labor unions, through the issuance of Governor's Regulation No. 16 of 2018 on the 2018 Minimum Wages for the Industrial Sector.
Friday, March 16, 2018
Issue Number: 3327
In a bid to extend the scope of goods that can be stored in warehouses and managed through warehouse-receipt systems, the Ministry of Trade has issued Regulation No. 33 of 2018, which amends Ministry Regulation No. 37/M-DAG/PER/11/2011 on Goods Which Can be Stored in Warehouses and Managed through Warehouse-Receipt Systems for the third time.
Thursday, March 15, 2018
Issue Number: 3326
In order to ease distribution of oil fuels, gas fuels and liquefied petroleum gas throughout all Indonesian territories and also in a bid to bolster investment within this specific sector, the Ministry of Energy and Natural Resources has issued Regulation No. 13 of 2018 on the Distribution of Oil Fuel, Gas Fuel and Liquefied Petroleum Gas.
Wednesday, March 14, 2018
Issue Number: 3325
In a bid to enhance the development of processing and purification technologies for domestic mineral products, the Ministry of Trade has issued Regulation No. 32 of 2018 on Export Provisions for Mining Products as Samples for the Purpose of the Research and Development of Processing and/or Purification Technologies.
Tuesday, March 13, 2018
Issue Number: 3324
In order to ease operations for businesses running oil-and-gas supporting business activities, the Ministry of Energy and Mineral Resources has issued Regulation No. 14 of 2018 on Oil-and-Gas Supporting Business Activities.
Monday, March 12, 2018
Issue Number: 3323
The Ministry of Finance has issued Regulation No. 15/PMK.03/2018 on Alternative Methods for the Calculation of Gross Revenues, which is aiming to establish alternative methods for the calculation of the factual gross revenues of any taxpayers who are required to carry out bookkeeping or to keep financial records, such as corporate taxpayers, individual entrepreneurs and freelancers.
Friday, March 09, 2018
Issue Number: 3322
The government has finally issued Presidential Regulation No. 13 of 2018 on the Implementation of the Know-Your-Beneficial-Owner Principle by Corporations for the Prevention and Eradication of the Criminal Acts of Money Laundering and Terrorism Financing, which establishes a mechanism through which companies can implement the so-called Know-Your-Beneficial-Owner Principle with the ultimate objective of eradicating and preventing any activities which are related to money laundering and/or terrorism financing.
Thursday, March 08, 2018
Issue Number: 3321
In order to ease the burden of current import-export mechanisms but at the same time strengthen the import monitoring and examinations mechanisms, as addressed under several Ministry of Trade regulations, the implementation of said mechanisms has now been shifted from within customs-and-excise areas to areas lying outside of the official customs-and-excise areas.