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[PERPRES 98 Tahun 2021] – Presidential Regulation on Carbon Emission Economic Value
The President of Indonesia has issued Presidential Regulation No. 98 of 2021 (Perpres 98 Tahun 2021) regarding the Implementation of Carbon Economic Value for Achieving Nationally Determined Contribution Targets and Control of Greenhouse Gas Emissions in National Development (“PR 98/2021”) on 29 October 2021. PR 98/2021 was signed by President Joko Widodo before he left for Glasgow to attend the 2021 United Nations Climate Change Conference (COP 26).
![[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.
Permen LHK 4 Tahun 2021 – Environmental Update: the Criteria and List of Businesses and Activities That Are Mandatory to Have AMDAL, UKL-UPL, and SPPL
Accordingly, the Minister of Environment and Forestry (“MOEF”) issued a MOEF Regulation No. 4 of 2021 on The List of Business and/or Activities Required to Have Environmental Impact Analysis, Environmental Management Efforts, and Environmental Monitoring Effort or Statement of Environmental Management and Monitoring Ability.
The Guidelines on Administrative Fines for Competition Law Violations
One of the purposes for the issuance of KPPU Reg 2/2021 is to strengthen the function of law enforcement in the business competition climate in Indonesia.
The Implementation of the Minister of Trade Regulation Number 17 of 2021 Concerning Reputable Exporters and Importers
To provide support to the trade sector, the Government provides facilities to ease the process of export and import activities to reputable exporters and importers.
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.