The Indonesian government has introduced new legislation to support the housing industry, which has been damaged due to the COVID-19 pandemic (the Regulations).* The Regulations provide VAT discounts on housing…
On 2 February 2021, the government issued new Regulations to streamline business licencing in 16 sectors including trade, industry and tourism based on the risk those businesses represent (the Regulations).*…
In 2016, the Bank of Indonesia established a new bank interest rate guidelines that required all state-owned banks to apply the defined interest rate within 7 days from date of…
On 2 February 2021, the Government issued new regulations relating to the Administration of Special Economic Zones (the Regulations)* In Indonesia, special economic zones (SEZ) are areas in Indonesia designated…
In January 2021, Indonesia ratified the Apostille Convention. The Apostille Convention specifies simple ways in which certain specified documents issued in a signatory country may be certified for legal purposes…