FEATURED
LATEST UPDATES
Key Points on the Newly Legitimate Sexual Violence Crime Law by DPR
This ARMA Update will discuss the critical points of the Sexual Violence Crime Law, including the purpose, forms, procedural law, the victim’s rights, and the criminal sanctions. We also discuss how the Sexual Violence Crime Law may affect corporate practices and the impact of th approach in drafting certain agreements, including in merger and acquisitions documents.
Bank Indonesia Regulation No. 24/6/PBI/2022: Policy on the Use of Rupiah in International Activities
In order to achieve and maintain the stability of the Rupiah value and the stability of the financial system, as well as to prevent and reduce risks in the monetary sector, Bank Indonesia has issued and ratified Bank Indonesia Regulation No. 24/6/PBI/2022 regarding Policy on the Use of Rupiah in International Activities.
Madrid Protocol as a Form of Protection of Trademark Internationally
By registering a trademark using the Madrid Protocol, the registered trademark is protected worldwide. In addition, Madrid Protocol also has a simple, fast, and cost-effective procedure.
Religious Holiday Allowance (THR) to Be Paid in Full
In the regulation concerning THR in 2022, there are significant changes from the previous 2 (two) years. The most notable change is the current provision in which the THR must be paid in full.
[PPN 11 Persen] Prices of Goods Increase as the Impact of Vat Increase by 11%
Starting April 1 2022, the Government of Indonesia has officially increased the rate of Value Added Tax (“VAT”), (Pajak Pertambahan Nilai “PPN) from 10% (ten percent) to 11% (PPN 11 Persen).
[PP No. 8 Tahun 2021] UMKM
PP 8/2021 classifies companies that meet the criteria of Micro and Small, namely in the form of a Company and the latest form, namely Sole Proprietorship.
(Permendag 18 Tahun 2021 Dan Permendag 19 Tahun 2021) Regulasi Tentang Ekspor – Impor
Previously, the regulation regarding the prohibition of goods to be exported and imported was regulated separately, with enactment of the MoT Reg 18/2021, the regulation on the prohibition of goods to be exported and imported was integrated into one regulation, hence it is much more effective, also with the enactment of MoT Reg 19/2021 which regulate the export business licensing process on online basis, will change the process and dynamics of export business licensing to be more faster and efficient.
![[UU No. 7 Tahun 2021] Law No. 7 of 2021: Harmonization of Tax Regulations](https://images.squarespace-cdn.com/content/v1/64a6365fa2b9de11308b1dbb/1702403203522-5Z38N1ALSHUNW53KQUU2/Tax.jpg)
[UU No. 7 Tahun 2021] Law No. 7 of 2021: Harmonization of Tax Regulations
This ARMA update will discuss essential points from Law 7/2021 including the key changes from the previous laws and regulations, among others income tax, VAT, carbon tax, general provisions of taxation, etc.
Government Regulation No. 5 of 2021 and Government Regulation No. 6 of 2021: Ease of Doing Business Through Risk-based Business Licensing
One of the major changes that made by the enactment of Law No. 11 of 2020 on Job Creation (known as Omnibus Law) is the ease in business licensing. Therefore, through its implementing regulations, the Government enacted regulations regarding the risk-based business licensing.