SSEK Law Firm senior partner Ira A. Eddymurthy, senior associate Bima Danubrata Adhijoso and associate Agung Kurniawan Sihombing provide the latest legal...

On 10 February 2026, the Ministry of Manpower (MOM) issued MOM Circular Letter No. M/1/HK.04/II/2026 on Employers’ Obligation to Report Job Vacancies (Circular).

Shareholders, since they provide the capital for the company, shall have rights and responsibilities toward the company in accordance with the relevant laws and regulations in Indonesia

In Indonesia, the size, composition and procedures for the appointment, replacement and dismissal of the board of directors (BOD) and board of commissioners (BOC) are determined in the articles of association (AOA) of the company.

A bid is made public in the case of either a mandatory tender offer (MTO), which follows a change of control, or a voluntary tender offer (VTO).

There are no specific requirements or procedures for due dil­igence before acquiring a company. However, it is common and best practice for a bidder to perform due diligence on the target...

In response to the COVID-19 pandemic and its possible effect on the banking and financial sectors, Indonesia's Financial Services Authority has issued a regulation to encourage mergers between problematic banks.

Companies with lines of business that remain unchanged under the 2017 KBLI should not be affected by this requirement.

Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") has enacted new rules to regulate, inter alia, share ownership plans granted by foreign listed entities to employees...

Board of Commissioner of Financial Services Authority has stipulated a Regulation of the Financial Services Authority Number 21/POJK.04/2015, which come into force since 17 November 2015 ("RFSA 21/2015").

Once allegations surface, uncertainty quickly becomes commercial: investors pause, lenders reassess risk...

When the Indonesian Government issued Law No. 11 Year 2020 on Job Creation it amended and eliminated, among other things, general provisions on termination procedures and benefits previously stipulated by the Indonesian Manpower Law.

In many mergers and acquisitions (M&A) transactions, primary attention is directed toward valuation, financing, and corporate structuring.

The Minister of Manpower has recently issued Regulation No.16 of 2015 regarding Procedures to Employ Foreign Workers, which has been in force since June 29, 2015 ("Regulation 16/2015)...

Indonesia is the world's fourth most populous country in the world with 270 million population. It is the world's 10th largest economy in terms of purchasing power parity, and a member of the G20 with a vast natural resource.

GHP has been assisting Indonesia's State-owned electricity company PT PLN (Persero) ("PLN") on its corporate restructure.

Meanwhile, the rules on foreign ownership of insurance companies remain unsettled.

Following the major change in 2021 to the criteria for the registration of vessels in Indonesia, the Director General of Sea Transportation ("DGST")...

Indonesia enacted a new franchise regulation, Government Regulation No. 35 of 2024 on Franchising ("GR 35/2024"), on September 2, 2024.

Second, the Deed of Establishment contains the articles of association of the joint venture as well as a list of the members of the Board of Directors ("BOD") and the Board of Commissioners ("BOC") for a PT, or a list of the partners for a partnership.