The Legal 500

INDONESIA STOCK EXCHANGE BUILDING, TOWER 2, FLOOR 16, SUITE 1604, SUDIRMAN CENTRAL BUSINESS DISTRICT, JL. JEND SUDIRMAN KAV. 52-53, JAKARTA 12190, INDONESIA
Tel:
Work +62 21 515 0280
Fax:
Fax +62 21 515 0281
Email:
Web:
www.cteolaw.com

Indonesia

Recommendations


Indonesia

Within Banking and finance Other recommended firms

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Within Corporate and M&A, tier 4

Christian Teo Purwono & Partners regularly advises on domestic and cross-border M&A, with its clients including Michelin, Marubeni, Publicis and adidas. Dini Purwono and Christian Teo, who is ‘very competent, professional and provides succinct advice’, are both recommended.

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Within Dispute resolution, tier 4

Christian Teo Purwono & Partners’ Christian Teo leads in corporate litigation and has also recently advised on debt recovery matters.

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Within Employment, Christian Teo Purwono & Partners is a second tier firm,

Christian Teo Purwono & Partners’ employment practice, which is led by Christian Teo, primarily handles executive-level matters for clients such as Indonesia Media Exchange and Top Food Indonesia.

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Within Foreign firms,

Stephenson Harwood (Christian Teo Purwono & Partners)

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Within Projects and energy, tier 4

Christian Teo Purwono & Partners’ Bill Sullivan leads on mining sector regulatory matters and has been advising on compliance and contract issues. Its foreign clients include subsidiaries of G-Resources and Straits Resources.

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Within Real estate, Christian Teo Purwono & Partners is a second tier firm,

Christian Teo Purwono & Partners’ real estate practice focuses on transactional and management matters. The team has recently advised on restructuring of ownership rights as well as new tourism and eco-friendly developments. Name partner Christian Teo is the lead lawyer.

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Within Restructuring and insolvency, Christian Teo Purwono & Partners is a third tier firm,

Christian Teo Purwono & Partners acts for corporate clients such as Publicis Groupe on restructurings.

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Further information on Christian Teo Purwono & Partners

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Indonesia

Offices in Jakarta

Legal Developments in Indonesia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • New Indonesian Copyright Law

    On 16 September 2014 the House of Representative revoked Law No. 19 of 2002 (" Old   Copyright Law ") with the Bill on Copyright, which will become law and receive a number upon the earliest of being signed by the President or 30 days (" New Copyright Law "). The New Copyright Law is an effort from the lawmakers to protect the economic and moral rights of creators and owners as the essential element in the development of national creativity.
  • Indonesia Under Review - July 2014

    Negative Investment List   
  • The 2014 Negative Investment List

    The Government has issued Presidential Regulation No. 39 of 2014 (PR 39/2014), which sets out the new negative investment list containing the business sectors that are closed or are partially open to foreign and domestic investment. The new negative investment list will replace the previous list under PR 36/2010, with a view of integrating Indonesia's economy to ASEAN, as well as accelerating development in the regions.
  • The Indonesian Election Process and Contributions to Political Parties and Campaigns

    Article 35 of Law No. 2 of 2008, as amended by No. 2 of 2011, on Political Parties ("Political Party Law") provides for contributions to political parties, Articles 94 to 96 of Law No. 42 of 2008 on Presidential and Vice Presidential Elections ("Presidential Elections Law") provides for contributions to political campaigns, and Law No. 8 of 2012 on the Election of the House of Representatives, the Regional Representative Council and Regional House of Representatives (the "Legislative Elections Law") provides for contributions to House of Representatives campaigns.
  • Indonesia Stock Exchange Revises Rule I-A on Share Listing Requirements

    PT Bursa Efek Indonesia has issued Decision of the Board of Directors of the Indonesia Stock Exchange No. Kep-00001/BEI/01-2014 on an amendment of Rule I-A (" Rule "), on 20 January 2014, coming into force on 30 January 2014, except as discussed below. The Rule sets out the IPO and subsequent share offerings requirements and procedures and listing fees. Notably the revised Rule sets out a free float policy and limits independent directors and commissioners to 2 successive terms.
  • Indonesia Implements Raw Mineral Export Restriction

    Indonesia's Government Regulation No. 1 of 2014 (" GR 1/2014 ") and Minister of Energy and Mineral Resources Regulation No. 1 of 2014  (" ESDM 1/2014 "), enacted on 11 January 2014, implement the ban on raw mineral exports legislated under Law No. 4 of 2009 on Mineral and Coal Mining (" Mining Law "). The two regulations are currently in force. However, the restriction is not in full effect as ESDM exempts 5 minerals from a higher standard of refinement for a period of three years, on the condition that the exporter owns sufficient reserves for eventual smelting and has a credible plan to construct a smelter or jointly process the ores.
  • Export Duty on Processed Metal Minerals

    The Minister of Finance has issued Regulation No. 6/PMK.011/2014, which imposes tax on the export of five mineral concentrates: copper, zinc, manganese, iron and lead. This tax reflects the Government's policy to discourage sales of impure minerals, as an implementation of Law No. 4 of 2009 on Mineral and Coal Mining, which requires processing and purification of minerals.
  • Indonesia Under Review - October 2013

    Legislative Developments
  • 2013 PPP Book Launched by Bappenas with 27 Focused Projects

    The National Development Planning Agency (Bappenas) has published the 2013 Public Private Partnership (PPP) book on 15 November 2013 (" PPP Book "). The PPP Book contains a list of 27 PPP projects currently being offered by the Indonesian government. The projects constitute a shorter, more focused, list compared with prior years, placing emphasis on high priority projects and focusing on ensuring successful implementation. However, the 27 projects do span a wide range in terms of size, location, and stage of completeness.
  • Revised BKPM Regulation on Investment Licenses and Non-License Facilities

    Head of the Indonesian Investment Coordinating Board ("BKPM") Regulation No. 12 of 2013 ("BKPM 12/2013") on the Amendment of Regulation No. 5 of 2013 ("BKPM 5/2013") on the Guide and Procedure of Investment Licenses and Non-Licenses has been issued on 11 September 2013, and came into force on 18 September, just over 5 months after BKPM 5/2013, issued on 8 April 2013, which is revises in order to tone down some of the more onerous provisions of the investment licensing regime. Most notably it retreats from the earlier infringement on the Capital Market regulatory regime by removing Article 49, which classified listed companies controlled by foreign shareholders as foreign direct investment companies (PMA), with the resulting application of a range of investment and operating restrictions.