The Government has initiated further relief for companies from the impact of COVID-19 by guaranteeing working capital loans of up to RP 1 trillion (approx. USD 68 million) with the…
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…
In January 2021, the Minister for Agrarian Affairs* announced new Regulations** introducing online document submission processes and administration procedures for the land registry. The new Regulations revoke previous rules relating…
Indonesia’s Financial Services Authority (the FSA) has issued new regulations relating to the return of unauthorised profits (disgorgement) and compensation for investor losses (the New Regulations).* The New Regulations will…
The Government has, with some delay, issued regulations designed to stimulate and support Indonesia’s farmers and farmer-owned businesses with special government-backed financing.* These new regulations are the accompaniment to a…
The Government has recently released Investment Regulation* (the Regulations), as one of the implementing part of the Job Creation Law** to stimulate investment in Indonesia for both locals and foreigners.…