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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.

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...

The Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued OJK Regulation No. 41/POJK.03/2019 on Merger, Consolidation, Acquisition, Integration and Conversion of Commercial Banks...

The following is a summary of the biggest changes under GR 24.

Indonesia's growing economy offers a wealth of opportunities for foreign investors. Nonetheless, as in any jurisdiction, investors should obtain proper advice before entering commercial...

On March 14, 2025, Indonesia's Director General of Customs and Excise issued Regulation No. PER-5/BC/2025 ("DGCE Reg. 5/2025"), amending Regulation No. P-22/BC/2009 ("DGCE Reg. 22/2009")...

A new regulation may discourage companies from hiring foreign workers or appointing foreign directors and commissioners.

The issuance of Law No. 11 of 2008 on Electronic Information and Transactions which was then amended by Law No.19 of 2016 (together as "EIT Law")...

Foreign investors have long used nominee arrangements to participate in industries on which the DNI imposes foreign equity restrictions.

Indonesia's legal system is primarily rooted in the civil law tradition, with significant influence from Dutch colonial law.

On June 20, 2013, the District Court of Jakarta Barat nullified a Loan Agreement executed only in English, concluding that contracts involving Indonesian parties must be written in Bahasa Indonesia, under Decision No. 451/Pdt.G/2012/PNJkt.Bar.

The Indonesian Standard Classification of Business Fields (KBLI) 2015 was issued in Regulation of the Head of the Central Board of Statistics of the Republic of Indonesia No. 95 of 2015.

As global supply chains continue to evolve, Indonesia has emerged as a prime destination for businesses relocating production or sourcing operations. With its strategic location, competitive labor costs...

Have you ever experienced a case where your company deals with another party in a transaction which is required by the Indonesian law to be made in a notarial deed, such as a fiduciary security deed or land mortgage deed?

Describe any industry-standard form contracts used in the energy sector in your jurisdiction.

On 20 May 2026, the President of the Republic of Indonesia enacted Government Regulation (“GR”) No. 24 of 2026 on the Governance of Export of Strategic Natural Resource Commodities (“GR 24/2026”), which took effect on 1 June 2026. Note that while GR 24/2026 is already in force, the requirement to export Strategic Commodities exclusively through the designated state-owned enterprise is subject to a separate transition deadline, discussed further below under "Transitional Arrangements".

Technological development has brought rapid, radical change to the financial-services industry around the world, and Indonesia is no exception. While the country's financial-products market...

On 2 October 2025, the Indonesian Ministry of Investment ("BKPM") issued Regulation No. 5 of 2025 ("BKPM Reg. 5/2025"), which introduces significant reform to Indonesia's investment framework and the Online Single Submission (OSS) system