Refining Indonesia’s Risk-Based Licensing Regime: Key Developments under GR 28/2025
The promulgation of Government Regulation No. 28 of 2025 concerning the Implementation of Risk-Based Business Licensing (“GR 28/2025”) marks a significant milestone in the evolution of Indonesia’s business licensing regime, effectively repealing Government Regulation No. 5 of 2021 concerning the Implementation of Risk-Based Business Licensing (“GR 5/2021”).
Investment Regulation Updates: An Opportunity For Foreign Investors to Cash Out Their Investment in Indonesia?
The Indonesian government has recently introduced a new investment policy following the issuance of Government Regulation No. 28 of 2025 concerning the Implementation of Risk-Based Business Licensing.
Indonesian Restructuring & Insolvency Regime: Effectiveness for Debtors and Creditors
Indonesia’s insolvency landscape is mainly governed by Law No. 37 of 2004 on Bankruptcy and Suspension of Debt Payment Obligations and supplemented by Supreme Court procedural guidelines that provide a structured framework for courts and practitioners.