Counting domestic and multinational telecoms, technology and software companies, as well as noteworthy social media platforms, among its key roster of clients, ABNR Counsellors at Law has been preoccupied with foreign direct investments, telecoms-related M&A transactions, e-commerce and data protection issues, among other matters. Practice leader Agus Ahadi Deradjat advises on foreign investments in the technology sector, in addition to representing fintech participants, including disruptive start-ups and leading financial institutions, on all aspects of their operations in Indonesia. Kevin Sidharta acts for technology, internet and social media companies on regulatory compliance matters, while Elsie Hakim focuses on work concerning fintech and e-commerce. Ayik Candrawulan Gunadi is another key contact in the team.

Assegaf Hamzah & Partners offers a full suite of services and advises on matters concerning digital technology, cyber security, data protection, telecoms, financial innovation, M&A transactions and broadcasting. The team prides itself on providing integrated solutions to its roster of clients, by combining technology expertise with regulatory and financial services capability. Zacky Zainal Husein heads the practice and has demonstrable experience advising on regulatory issues associated with the full spectrum of TMT mandates, while banking and finance expert Indira Yustikania is noted for her expertise of the fintech sector in Indonesia. Muhammad Iqsan Sirie was promoted to partner in April 2022 and advises on blockchain, cryptocurrency, cloud computing and AI matters.

Bagus Enrico & Partners (BE Partners) has a strategic focus in the TMT sector in Indonesia and acts for leading telecoms operators, platform providers, internet intermediaries, as well as data and digital specialist clients, on a wide range of commercial and corporate transactions. The team has extensive experience representing global technology companies on regulatory and compliance issues, technology transactions, commercial agreements for the transfer of technology, licensing and day-to-day business operations. Numerous household names form the team’s client roster, including Microsoft Corporation, WhatsApp, BBC and Lycamobile, as well as medium-sized technology entities who are looking to get a foothold in Indonesia’s emerging market. Enrico Iskandar, Bagus Nur Buwono and Debu Batara Lubis lead the team, with the support of associate Alwin Widyanto.

Hanafiah Ponggawa & Partners – Dentons HPRP handles a broad range of matters concerning data protection and regulatory compliance, and has recently bolstered its expertise in the entertainment sector. As part of the Dentons network, the team has the capability to assist high-profile clients on cross-border transactions, in collaboration with offices worldwide, the likes of which include Amazon Web Service, Cyber Logistic, and Experian PLC. Andre Rahadian, who advises on e-commerce and fintech matters, leads the practice alongside Fabian Buddy Pascoal and Maurice Maulana Situmorang. Erwin Kurnia Winenda and senior associate Mika Isac Kriyasa, who previously served as legal counsel at a media and broadcast company, are also key contacts in the group.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills handles a wide range of cutting-edge IT and telecoms matters in Indonesia and is noted for its transactional capability, from joint ventures, investments and outsourcings to issues concerning data privacy, cybersecurity and fintech. Clients of the practice include tech giants, fintech and telecoms companies, and global TMT companies, including Telkom, Grab Holdings and LinkAja. Sakurayuki, who has demonstrable experience advising on high-value M&A transactions and regulatory matters in the telecoms sector, jointly leads the team alongside, Vik Tang, who focuses on equity funding and foreign investment transactions, particularly in the fintech and TMT sectors, and is praised as a ‘great asset’ to the practice.

SSEK Law Firm acts for start-ups and multinational companies on a broad range of IT, telecoms and fintech matters, such as advising on regulatory and licensing issues when entering the fintech market, as well as representing venture capital and private equity firms on their investments into Indonesia. Other key areas of expertise include the trading of crypto assets, initial coin offerings, peer-to-peer lending and regulatory advice on blockchain technology-based solutions, in addition to e-money and online payment services issues. Michael Carl, who had demonstrable experience advising on fintech-related transactions, jointly leads the ‘sophisticated practice’ alongside partner Winnie Rolindrawan, who focuses on mandates concerning e-money, payment gateways and fintech, while Fahrul Yusuf left the firm to EY Law in January 2022.

Counting software and gaming developers, as well as social network service providers, among its key roster of clients, K&K Advocates is noted for its expertise in data protection issues, financial technology, media, telecoms and e-commerce matters. The practice has seen an increase in advisory work concerning the metaverse, non-fungible tokens and cryptocurrencies. Practice leader Danny Kobrata acts for domestic and international clients on privacy, e-commerce, advertising and telecoms mandates, and has demonstrable experience across the fintech, payments, application-based transportation, food and beverage, technology and gaming sectors. Key clients include Chelsea FC, InterContinental Hotel Group and Estee Lauder.

Makarim & Taira S. has demonstrable experience advising on M&As and joint ventures in the telecoms sector, in addition to handling the regulatory aspects of technological developments. Maria Sagrado, who acts for clients on peer-to-peer lending matters, jointly leads the practice alongside corporate and finance expert Frederick Simanjuntak, who handles finance transactions in the technology space. Hilton King remains a key contact in the team.

Makes & Partners’ robust practice counts technology start-ups and established companies, as well as fintech entities, among its key roster of clients. According to one client, the practice’s ‘breadth and depth of experience in handling acquisitions and restructurings in the telecoms industry is unparalleled’. Founding and managing partner Yozua Makes, who advises on M&As in the TMT sector, jointly leads the team alongside Bernardus Billy, who focuses on international capital markets transactions. Both Billy and foreign counsel Kay Almajeda are ‘at the top of their field’.