Domestic Non-Deliverable Forward Transactions: New Regulations
In July 2022, the Board of Governors of Bank Indonesia issued new regulations on domestic non-deliverable forward (NDF) transactions (New […]
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Registration of Structured Warrants: New Rules
The Indonesian Central Securities Depository has issued a circular relating to the registration of structured warrants (the Circular).* The purpose
Citizen Identification Number as Taxpayer Identification Number
The Minister for Finance has recently issued new regulations allowing Indonesian citizens to use their citizen identification number, in Indonesian,
Intellectual Property Can Be Debt Collateral Starting Next Year
With the introduction of a recent law*, creative entrepreneurs will soon be able to use their intellectual property as collateral
Taxpayer Identification Numbers for Companies set up by Individuals
Recent changes to the law have broadened the definition of a limited liability company.* New changes include allowing individuals to
Credit Information Management Agencies: New Regulations
In 2019, Indonesia’s Financial Services Authority reintroduced Credit Information Management Agencies, in Indonesian, Lembaga Pengelola Informasi Perkreditan (the Agencies). These
New Taxes on Crypto Asset Trading
The Ministry for Finance has issued Regulation of the Minister for Finance No. 68/PMK.03/2022 introducing Value Added Tax and Income
New Taxes for Fintech
On 1 May 2022, the Minister for Finance’s new tax regulation took effect (the New Regulation).* The New Regulation applies
Electronic General Shareholders’ Meetings: New Procedures for Authorisation
Indonesia’s Financial Services Authority, in Indonesian, Otoritas Jasa Keuangan, or the OJK has issued new authorisation procedures for those wishing