FEATURED
LATEST UPDATES
Peraturan KPPU No. 3 Tahun 2023 The New Revamped Merger Control Regulation in Indonesia
This ARMA Update will further discuss the key changes of merger control regulation based on KPPU Reg 3/2023, including (i) threshold and calculation of asset and sales values, (ii) foreign-to-foreign merger transaction, (iii) the exemption of notification to KPPU, (iv) and the notification system itself.
Business Licensing and Investment Facilities in Ibu Kota Negara Nusantara (Nusantara Capital)
This ARMA update will discuss the main points on GR 12/2023, such as (i) business licensing in IKN; (ii) ease of business in IKN; and (iii) investment facility in IKN.
The Establishment of Company in Indonesia
The establishment of a company (pendirian pt) is governed by Law No. 40 of 2007 concerning Limited Liability Company as lastly amended by Government Regulation in lieu of Law No. 2 of 2022 concerning Job Creation (“Company Law”)…
Key Points on the Financial Sector Omnibus Law: General Overview
This Financial Sector Omnibus Law regulates a combination of multi-sectoral and/or multi-institution regulations such as the provision of the financial institutions (such as Bank Indonesia; Deposit Insurance Agency or Lembaga Penjamin Simpanan – "LPS"; Financial Services Authority or Otoritas Jasa Keuangan – "OJK"), banking law, capital markets law, insurance law, bullion business activities, cooperatives, Micro Small Medium Enterprises (MSME) financing provision, carbon exchange in capital market realm and others.
This ARMA Update discusses key points of this regulation in terms of overview points.
Granting of Second Home Visa and Stay Permit in Indonesia for Foreigners
This ARMA update will discuss the contents of the DGI CL 0820/2022, including the conditions and requirements to gain a second home visa and stay permit in Indonesia.
BAPPEBTI Regulation No. 13 of 2022 as a Method to Further Mitigate Future Risk in Crypto Asset Trading in Indonesia
This ARMA update will discuss concerning the major changes and additions implemented BAPPEBTI Reg 13/2022 including the new requirements for physical traders of crypto assets.
Consumer Protection in Financial Service Business: The Prohibition of Using Force in Debt Collecting
Through the Financial Services Authority Regulation No. 6/POJK.07/2022 concerning Consumer and Community Protection in the Financial Services Sector, illegal debt collection procedures as mentioned above are prohibited…
Enforcement of the New Format of Taxpayer Identification Number (Nomor Pokok Wajib Pajak – NPWP)
The National Identity Number (Nomor Induk Kependudukan – NIK) will be the identity number of individual taxpayers (replacing the role NPWP – Nomor Pokok Wajib Pajak)
Electronic Mediation in Courts General Overview
Currently, due to the development of technology, the Supreme Court has made improvements to Indonesian civil procedural law through Supreme Court Regulation No. 3 of 2022 concerning Electronic Mediation in Courts (“SC Reg 3/2022”) which essentially provides the basis for the mediation process to be carried out electronically by the courts as an alternative to conventional mediation procedures.
This ARMA Update will discuss the substance and procedure stipulated in SC Reg 3/2022.