Circular 17 further describes the details on payments in foreign exchange agreed to by the parties under a written agreement for strategic infrastructure projects which are exempted from the obligation to use Rupiah.

Investors looking to acquire a stake in digital health ventures must undertake a comprehensive due diligence process that covers that covers the various key matters and issues...

On 16 January 2020, the Legislation Body of the House of Representatives, the Law Drafting Committee of the Senate and the Minister of Law and Human Rights reached an agreement on Indonesia's

This Regulation amends policies on fee determination and the evaluation of the arrangement of priority numbers for the settlement of automatic funds through BI-RTGS. It came into effect on the date

On 18 March 2010, the Indonesian Ministry of Finance released Regulation No. 64 of 2010 (the "Regulation") regarding settlement of non-performing loans ("NPLs") of State-owned enterprises engaged in banking business.

Commissioners of Indonesian limited liability companies actually have a lot of potential liability pursuant to the provisions of Law No. 40 of 2007 concerning Limited Liability Companies ("Company Law").

The Indonesian Capital Markets and Financial Institutions Supervisory Agency ("Bapepam-LK") issued new regulations on Material Transactions ("Material Transactions Rules") on 25 November 2009 and on Affiliated Transactions and Conflict of Interest (the "COI Rules") on 29 November 2009.

The Indonesian legal realm has experienced a notable change with the introduction of the Second Amendment of the Electronic Information and Transactions (EIT) Law, formally designated as Law Number 1 of 2024...

As competition for quality assets intensifies in mergers and acquisitions, traditional relationship-driven deal origination is being transformed by technology-enabled market intelligence. Leading advisory firms are now combining systematic market screening with relationship-led execution to identify opportunities earlier and engage before they become widely visible.

Last year, the Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or "KPPU"), an independent government agency that oversees unfair business competition practices...

The Indonesian Business Competition Supervisory Commission/Komisi Pengawas Persaingan Usaha ("KPPU") has issued a new regulation; KPPU Regulation No. 2 of 2021 on Guidelines for the Enforcement...

On June 30, 2026, Indonesia’s National Agency of Drug and Food Control (BPOM) issued BPOM Regulation No. 11 of 2026 on Food Packaging, which expands the list of approved food-contact substances and recognizes a broader range of permissible functions for those substances. The new regulation, which revokes BPOM Regulation No. 20 of 2019, reflects developments in packaging technology and materials science.

Disclosure obligations in the context of an M&A transaction in Indonesia depend on the type of company, such as non-public and public. For example, the acquisition of a non-public company obliges companies...

Purchasing shares in a company, either from a selling shareholder or from the company itself, is the most common type of share acquisition in Indonesia.

Directors of Indonesian limited liability companies actually have a lot of potential liability pursuant to the provisions of Law No. 40 of 2007 concerning Limited Liability Companies.

Earlier this year, a major player in e-commerce industry in Indonesia, JD.ID, declared that their operation would be permanently closed starting 31 March 2023.

On February 28, 2024, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan or "OJK") introduced significant changes to the requirements...

In today's global economy, bribery has a wide-spread effect that encompasses social, moral and political concerns, in addition to undermining good corporate governance and healthy competition.

ln late April this year, OJK issued Regulation No. 20/POJK.04/2020 on Trustee Agreement for Debt Securities or Sukuk, to regulate trustees in debt securities and sukuk issuance. This regulation revokes and replaces Bapepam-LK ...

On August 13, 2025, Indonesia's Minister of Investment/Head of the Investment Coordinating Board ("BKPM") issued Regulation No. 3 of 2025 ("Reg 3/2025").