OUR PRACTICE AREAS
Under Indonesian law (GR 35/2021), terminating an employment relationship triggers specific statutory obligations. While fixed-term (PKWT) employees are entitled to compensation pay, Separation Pay (Uang Pisah) specifically applies to permanent (PKWTT) employees under certain conditions.
Indonesia’s wellness industry has evolved from a niche consumer segment into one of the country’s fastest-growing lifestyle markets. Supported by favourable demographics, rising disposable income, increasing health awareness, rapid digitalization, and evolving consumer preferences, the sector presents significant opportunities for businesses across the fitness, beauty, healthcare, nutrition, hospitality, retail, and digital wellness industries. As market growth accelerates, businesses entering the sector must also navigate Indonesia’s risk-based licensing regime, sector-specific regulations, and evolving compliance requirements.
A foundation's assets are subject to strict legal rules governing how they are acquired, managed, used, and reported. Understanding these requirements is essential to maintaining good governance, ensuring accountability, and preserving the foundation's charitable purpose.
Bank Indonesia has confirmed that the automatic exemption from the mandatory use of Rupiah for vessel charter transactions will expire on 30 June 2026 and will not be further extended. Instead, a one-year transition period until 30 June 2027 has been introduced for eligible shipping companies previously covered by the exemption, during which they may continue relying on the existing approval while preparing for compliance. Companies seeking to continue using foreign currency beyond the transition period must submit a new application supported by comprehensive documentation, signalling a shift toward a more selective, case-by-case exemption regime. This development requires shipping companies to reassess their contractual arrangements, evaluate the need for a renewed exemption, and prepare for the eventual implementation of Indonesia’s mandatory Rupiah requirements.
Rapid growth often requires fintech startups to move quickly, but legal documentation should not be left behind. Understanding and managing legal debt early can help businesses reduce regulatory risks, strengthen investor confidence, and support sustainable growth.