General Corporate

Govt. Updates Procedures for Complete Systematic Land Registrations
In a bid to offer greater legal certainty and protections relating to the issue of land rights, the Minister of Agrarian and Spatial Affairs/Head of National Land Agency has issued Regulation No. 6 of 2018 on Complete Systematic Land Registrations.
Tax Treatment for Capital Participation by Venture-Capital Companies Updated
The Minister of Finance has issued Regulation No. 48/PMK.010/2018 on Tax Treatments for Capital Participation in Micro-, Small- and Medium-Scale Enterprises by Venture-Capital Companies, which adjusts the threshold for the types of micro-, small- and medium-scale enterprises which are eligible to become the business partners of venture-capital companies.
New Environmental Provisions for Ocean Waste Dumping
Provisions which address the issue of ocean waste dumping have finally been regulated by the Minister of Environmental Affairs and Forestry through the issuance of Regulation No. P.12/MENLHK/SETJEN/KUM.1/4/2018 on Requirements and Procedures for Ocean Waste Dumping.
Electronic Reporting Obligation for Issuers and Public Companies
After submitting their reports, issuers and public companies are required to maintain documents relating to any submitted reports and to submit them to the OJK upon request. Any information which is contained within said maintained documents must be consistent with information which is submitted via the SPE Website
New Provisions on Sanctions for Employers in the Form of Restriction of Access to Certain Public Services
The Minister of Manpower has issued Regulation No. 4 of 2018 on Procedures for the Imposition and Revocation of Administrative Sanctions in the Form of Certain Public-Service Access Restrictions for Employers Other than State Officials in order to ensure that any employers who are not state officials register their employees with Indonesia’s social security agency (BPJS) for health, as well as the BPJS for manpower.
Provisions on Imports of Alcoholic Beverages Re-amended
The Minister of Trade has issued Regulation No. 47 of 2018, which amends Regulation of the Minister No. 20/M-DAG/PER/4/2014 on the Control and Oversight of the Procurement, Distribution and Sale of Alcoholic Beverages for a fourth time.
Organization of Periodic Testing by Auto-Repair Shops Owned by Trademark Holder Agents or by the Private Sector
The Governor of The Special Capital Region of Jakarta has issued Regulation No. 37 of 2018 on the Organization of Periodic Testing by Auto-Repair Shops Owned by Trademark Holder Agents or by the Private Sector, as an implementation of Article 61 of Regulation of the Governor No. 5 of 2014 on Transportation.
Government Draft Regulations Targeted for 2018 Issue
The President of the Republic of Indonesia has issued Decree of the President No. 9 of 2018 on the 2018 Program for the Formulation of Regulations of the Government, which will function as a set of guidelines to be used by the government for the issuance of Regulations of the Government during the 2018 period.
Provisions on the Utilization of National Maritime Transportation and National Insurance for Imports and Exports of Certain Goods Amended
The Minister of Trade recently issued Regulation No. 48 of 2018, which amends Regulation of the Minister No. 82 of 2017 on Provisions for the Utilization of National Maritime Transportation and Insurance for the Imports and Exports of Certain Goods
The Recordation, Detention and Temporary Suspension of Goods Which Infringe Intellectual Property Rights
The Minister of Finance has now formalized the various technicalities relating to imports or export of goods which are deemed to infringe intellectual property rights through the issuance of Regulation No. 40/PMK.04/2018 on Recordation, Detention, Guarantees, Temporary Suspensions, Monitoring and Evaluation for the Control of Imported or Exported Goods Which Are Suspected of Resulting or Originating from Infringement of Intellectual Property Rights.
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