Share on LinkedInShare on LinkedIn

ARTICLE · 13 MAY 2014

Regulations on Prices, Fees and Rupiah Payment Requirements Come into Effect

It is an implementing regulation of Law Number 8 of 1999 on Consumer Protection.

IndonesiaAntitrust/Competition Law
Makarim & Taira S.
Makarim & Taira S.

On 29 July 2013, the Indonesian Minister of Trade (MOT) issued Regulation No. 35/M-DAG/PER/7/2013 on Affixing Retail Prices and Tariffs to Goods and Services (Reg. 35). The Regulation came into effect 6 months as of its enactment, i.e. on 29 January 2014. It is an implementing regulation of Law Number 8 of 1999 on Consumer Protection. Two of its provisions will have a significant impact on businesses in Indonesia. First, goods traded at retail and services provided to consumers must have affixed clear, readable and easily visible prices/service fees. Micro-businesses are exempt, unless the relevant micro-businesses choose to comply with Reg. 35. A microbusiness is defined under Law No. 20 of 2008 on Micro, Small and Medium Businesses as a productive business of an individual and/or individual-owned business entity which has a net asset value of less than Rp. 50 million (excluding land and buildings) or having annual revenue of less than Rp. 300 million. Secondly, and

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from