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The Legal Development of Crypto Asset in Indonesia
In this ARMA Update, we elaborated further one of the key points on the development of crypto asset in Indonesia from legal perspective, including but not limited to the provisions under MoT Reg 99/2018 and BAPPEBTI Reg 5/2019.
Implementation to the Regulation of Warehouse Receipt System – Resi Gudang
This ARMA Update shall discuss regarding general description upon the Ministry of Trade Regulation Number 33 year 2020 (“MOT 33/2020”) as amended severally in the Ministry of Trade Regulation Number 14 year 2021 (“MOT 14/2021”) on Goods and Requirements of Goods that can be Stored in Warehouse Receipt System (“Warehouse Receipt Law”), which is expected to provide certainty regarding the financing system with the Warehouse Receipt System instrument.
Omnibus Law Employment Cluster – Fixed Term Employment Agreement
This ARMA Update will discuss one of the key points in GR 35/202 which limited to the new arrangement for fixed term employment agreement (perjanjian kerja waktu tertentu – “PKWT”), notably the requirement for PKWT and the new mandatory compensation money for the employee upon the expiry of employment agreement.
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.
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.