ArticleNew Provisions On Importing Raw And Supporting MaterialsTo accommodate the developments in the import sector, on September 25, 2023, the Government of Indonesia (the "Government") enacted Government Regulation No. 46 of 2023...IndonesiaGovernment, Public SectorAKSET Law
ArticlePerppu Job Creation Series – Amendments To The Multi Storey Housings LawThis Newsflash is a continuation of our previous Perppu Job Creation Newsflashes with respect to the issuance of a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or Perppu) No. 2 of 2022 dated December 30, 2022.IndonesiaReal Estate and ConstructionAKSET Law
ArticleAmendments To Law On Legislation Formation ChallengedLate last year on November 25, 2021, the Indonesian Constitutional Court ruled against the Government in its Decision No. 91/PUU-XVIII/2020 (the "Decision") regarding the constitutionality and validity of Law No. 11...IndonesiaGovernment, Public SectorAKSET Law
ArticlePerppu Job Creation Series – Amendments To The Housing And Residential Areas LawThis Newsflash is a continuation of our previous Newsflash with respect to the issuance of a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or Perppu) No. 2...IndonesiaReal Estate and ConstructionAKSET Law
ArticleTransparency In Fundraising: Government Regulates Money/Item Collection Activities For Social PurposesIn order to implement a more organized and transparent system for Money and Items Collection (the "Collection") within the context of social aid/welfare, the Minister of Social Affairs (the "MOSA") ...IndonesiaGovernment, Public SectorAKSET Law
ArticleNew Provisions Under Second Amendment To The Member Of Board Of Governors Of BI Regulation On Foreign Exchange TrafficOn July 31, 2023, the Member of Board of Governors of Bank Indonesia ("BI") issued a second amendment to the Member of Board of Governors Regulation No. 21/28/PADG/2019 on Monitoring of Foreign Exchange Traffic Activities...IndonesiaFinance and BankingAKSET Law
ArticleGovernment Releases Proposed Revisions For New DNIThere are 35 business lines that are proposed to be taken out from the DNI. If approved, these business lines will opened for up to 100% foreign investment. IndonesiaGovernment, Public SectorAKSET Law
ArticleUse Of National Residence Numbers And Taxpayer Identification Numbers In Public ServiceThe addition and inclusion of NIKs and/or NPWPs is intended as the identity marker for every given public service in Indonesia upon a proposed public service application or for every recipient of public service whose status is still active in Indonesia.IndonesiaTaxAKSET Law
ArticleDraft Circular Letter On Ethical Guidelines For Use Of Artificial IntelligenceFollowing up on Press Release No. 254/HM/KOMINFO/08/2023 dated August 30, 2023 in which the Minister of Communication and Informatics (the "MOCI") announced that the MOCI...IndonesiaTechnologyAKSET Law
ArticleHealth Omnibus Law Series – Health Law Replaces Law No. 44 Of 2009 On HospitalsThis Newsflash is a part of our Health Omnibus Law Newsflash Series on the issuance of Law No. 17 of 2023 dated August 8, 2023 on Health (the "Health Law"). The Health Law governs a wide range...IndonesiaFood, Drugs, Healthcare, Life SciencesAKSET Law
ArticleNew Visa For Digital Nomad: The Second Home VisaOn October 25, 2022, the Directorate General of Immigration issued Circular Letter No. IMI-0740.GR.01.01 of 2022 on Granting of Second Home Visas and Limited Stay Permits (the "Letter"). IndonesiaImmigrationAKSET Law
ArticleFacilitation For Foreign Nationals In Acquiring PropertyOne of the provision stated in Law No. 11 of 2020 dated November 2, 2020 dated November 2, 2020 on Job Creation ("Job Creation Law") is the facilitation of property acquisition for foreign nationals in Indonesia.IndonesiaReal Estate and ConstructionAKSET Law
ArticlePerppu Job Creation Series – Restatement Of Amendments To The Land Procurement LawThis Newsflash is a continuation of our previous Perppu Job Creation Newsflashes with respect to the issuance of Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or Perppu)...IndonesiaGovernment, Public SectorAKSET Law
ArticleHealth Omnibus Law Series – General OverviewAfter long discussions within the House of Representatives and objections from the medical society, the Government finally issued Law No. 17 of 2023 dated August 8, 2023 on Health...IndonesiaFood, Drugs, Healthcare, Life SciencesAKSET Law
ArticleMEMR Announces 35,000MW Power Plant Construction ProgramThe President of the Republic of Indonesia launched the 35,000 MW Power Plant Construction Program in Samas, Bantul Regency, Special Region of Yogyakarta Province.IndonesiaEnergy and Natural ResourcesAKSET Law
ArticleHarmonized Tax Law Amends Provisions On Income TaxesLaw No. 7 of 2021 dated October 29, 2021 on the Harmonization of Taxation Regulations ("Law 7/2021") amends several existing regulations on the taxation law and introduces several new regulations.IndonesiaTaxAKSET Law
ArticleHealth Omnibus Law Series – Patients' Consents For Medical ActionsThis Newsflash is part of our Health Omnibus Law Newsflash series with respect to the issuance of Law No. 17 of 2023 dated August 8, 2023 on Health (the "Health Law"). As noted in our previous NewsflashesIndonesiaFood, Drugs, Healthcare, Life SciencesAKSET Law
ArticleCourt Nullifies English Language ContractOn 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.IndonesiaCorporate/Commercial LawAKSET Law
ArticleNewly Enacted E-Commerce RegulationIn order to protect the interests of micro, small and medium enterprises (SMEs) in Indonesia, on September 25, 2023, the Minister of Trade ("MOT") issued Regulation No. 31...IndonesiaMedia, Telecoms, IT, EntertainmentAKSET Law
ArticleHealth Omnibus Law Series – Stipulation On Telemedicine ServicesThis Newsflash is a part of our Health Omnibus Law Newsflash series, i.e., Law No. 17 of 2023 dated August 8, 2023 on Health (the "Health Law"). The Health Law governs a wide range of topics...IndonesiaFood, Drugs, Healthcare, Life SciencesAKSET Law