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Presidential Regulation No. 10 of 2021 on Investment Business Activity : the Major Changes in the Indonesia’s Investment Climate
One of the major changes that made by the enactment of Law No. 11 of 2020 on Job Creation (known as Omnibus Law) is concerning the investment line of business. Omnibus Law through its implementing regulation is massively changing the regime of the line of business for investment, mostly relaxing some of the restrictions under previous laws and regulations.
Omnibus Law (Vol 3): Employment
In this ARMA Update Volume 3, we discuss further related to laws concerning Employment which one of the crucial substances in the Omnibus Law. In the Employment cluster, Omnibus Law amended 3 (three) laws, namely (i) Law No. 13 of 2003 on Employment, (ii) Law No. 40 of 2004 on National Social Security System, (iii) Law No. 24 of 2011 on Social Security Institution; and (iv) Law No. 18 of 2017 on Protection of Indonesian Migrant Workers.
Omnibus Law (Vol 2): the Introduction of Risk-based Business Licensing Concept
On 5 October 2020, the House of Representative passed the Job Creation Law (known as “Omnibus Law”). The Omnibus Law is expected to enhance the ease of investment in Indonesia through some amendments on various laws.
Omnibus Law (Vol. 1): General Overview & How It Would Affect Your Business in Indonesia?
This ARMA Update addresses an overview of the Omnibus Law. We highlight some basic information to understand the Omnibus Law and also some insights related to foreign direct investment (FDI) and the company law. We will publish a series of ARMA Updates, for specific related issues and/or changes introduced by the Omnibus Law.
Implication of Coronavirus (Covid-19) Pandemic Against Indonesian Businesses (Volume 6) – Updates on Stay Permit for Foreign Workers
Since the beginning of the Covid-19 outbreak, the Government granted Emergency Stay Permit (Izin Tinggal Keadaan Terpaksa) for foreigners both for those who entered Indonesia since 1 January 2020 and those who have status as overstayer which came prior to 1 January 2020.
Indonesian Government Policy on Business License and Tax for Foreign Business Actors in E-commerce
The Government’s concern on E-Commerce, particularly on business licensing and taxation for foreign business actors are welcomed with a big hope for modernization of e-commerce system in Indonesia.
Government Regulation of the Republic of Indonesia Number 22 of 2020 : Implication for Foreign Construction Service Actors
Before the issuance of GR 22/2020, construction service business operators were faced with uncertainty in the implementation of construction service businesses, one of which was the imposition of penalty on foreign construction service businesses. In addition, GR 22/2020 also regulates more comprehensive ways to resolve construction disputes.
Chairman of BKPM Regulation 1 of 2020 Regarding Electronic Integrated Business Licensing Guideline: Investment Minimum Requirement
BKPM Reg 1/2020 provides more details provisions and requirements for business license submission, particularly in relation to the minimum investment provisions for a foreign capital investment (PMA) company.
IMPLICATION CORONAVIRUS (COVID-19) PANDEMIC AGAINST INDONESIAN BUSINESS (VOLUME 5)
“How to conduct consultation with Government institutions?”
“How to liaise with notary to prepare a notarial deed including the amendment of articles of associations?
“How to submit an annual company filling, e.g., Annual Company Financial Report (Laporan Keuangan Perusahaan)?”