Indonesian Legal Brief

Online Services for Transportation Licensing
The Ministry of Transportation recently issued Regulation No. PM 23 of 2018 on Online Services for Transportation Licensing at the Directorate General of Land Transportation, with the ultimate aim of expediting transportation licensing services at the Directorate General of Land Transportation.
Government Sets 2015 - 2019 National Industrial Policy
In bid to increase the growth of national manufacturing industry and also to create a more conducive investment climate, the government has issued Regulation of the President No. 2 of 2018 on the National Industrial Policy for the 2015-2019 Period, which will function as Indonesia's primary framework for the development of the industrial sector and also as a basis for the government to provide investment facilities in accordance with prevailing laws and regulations.
New Regulation on Corporate Income-Tax Deductions
The Minister of Finance recently issued Regulation No. 35/PMK.010/2018 on Corporate Income-Tax Deductions with the ultimate objective of further boosting economic growth by encouraging more direct investment in pioneering industries throughout Indonesia.
OJK Updates Capital-Surcharge Allocations for Systematically Important Banks
With the purpose of avoiding any potentially adverse effects which may emerge as a result of banking system failures through the imposition of capital surcharges, the Financial Services Authority has issued Regulation No. 2/POJK.03/2018 on the Appointment of Systematically Important Banks and the Imposition of Capital Surcharges.
New Regulation on the Recruitment of Foreign Workers
With the ultimate objective of improving the national economy and bolstering investment within Indonesia, the government has now updated the rules governing the recruitment of foreign workers through the issuance of Regulation of the President of the Republic of Indonesia No. 20 of 2018 on the Recruitment of Foreign Workers.
Electronic-Payment Procedures for the Issuance of Certificates of Origin for Goods of Indonesian Origin
The Ministry of Trade has issued Regulation No. 37 of 2018 on Procedures for Payments of State Revenues for the Issuance of Certificates of Origin for Goods of Indonesian Origin Through Electronic Means, which updates the tariff of non-tax state revenue for the issuance of official Certificates of Origin for goods of Indonesian origin and which should also ensure transparency throughout PNPB payment mechanism.
Provisions on Four or More Wheeled Motor-Vehicle Industry Amended
The Minister of Industry has issued Regulation No. 5 of 2018, which amends Ministry Regulation No. 34/M-IND/PER/9/2017 on the Four or More Wheeled Motor-Vehicle Industry.
Provisions on Physical Activities for the Utilization of New and Renewable Energy and Energy Conservation Amended
The Minister of Energy and Mineral Resources has issued Regulation No. 12 of 2018, which amends Minister Regulation No. 39 of 2017 on the Implementation of Physical Activities for the Utilization of New and Renewable Energy and Energy Conservation.
Submission of Reports on the Mandatory Repatriation of Assets under the Tax-Amnesty Framework Amended
The Director General of Tax has issued Regulation No. PER – 07/PJ/2018 which amends Director General Regulation No. PER-03/PJ/2017 on Procedures for the Reporting and Supervision of Additional Assets under the Tax-Amnesty.
New Rules for the Utilization of the Intraday Liquidity Facility
The utilization of FLI is to be undertaken via a Repo mechanism for securities which are owned by Participants and which are made available in their FLI accounts
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