Corporate and Commercial Financing
Government Regulation in Lieu of Law No. 1 Year 2020 on State Financial Policy and Stability of Financial Systems for the Management of Corona Virus Disease 2019 (Covid-19) and/or Encounter the Threat to National Economy and/or Stability of Financial Systems

Government Regulation in Lieu of Law No. 1 Year 2020 on State Financial Policy and Stability of Financial Systems for the Management of Corona Virus Disease 2019 (Covid-19) and/or Encounter the Threat to National Economy and/or Stability of Financial Systems

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Background Along with the increasing cases of Corona Virus Disease 2019 (“Covid-19”) in Indonesia, on March 31, 2020 the President of the Republic of Indonesia stipulated 3 related regulations as a form of response to the pandemic namely Presidential Decree No. 11...

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Indonesia Law – The Latest Government Regulation on the Authorized Capital Amendment of Limited Liability Company

Indonesia Law – The Latest Government Regulation on the Authorized Capital Amendment of Limited Liability Company

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Background On 14 July 2016, Government has issued the Government Regulation No. 29 of 2016 on Authorized Capital of Limited Liability Company Amendment (“PP 29/2016”). PP 29/2016 revokes Government Regulation No. 7 of 2016 which previously also regulated the amendment...

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The Provision on the Use of Letter of Credit For the Export of Specified goods (Regulation of the Director General of International Trade Number 1 Year 2015)

The Provision on the Use of Letter of Credit For the Export of Specified goods (Regulation of the Director General of International Trade Number 1 Year 2015)

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Background On March 30, 2015, Director General of International Trade has promulgated a Regulation of the Director General of International Trade Number 01/DAGLU/PER/3/2015, (“RDG Inter-Trade 1/2015”). RDG Inter-Trade 1/2015 intended to give instructions implementing...

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