Background On 1 April 2019, the Minister of Finance of Republic of Indonesia enacted the Minister of Finance Regulation Number 35/PMK.03/2019 on Determination of Permanent Establishment (“MoF Regulation No. 35/2019”). This regulation is issued in order to give legal...
Background On 31 of December 2018, the Government of Republic of Indonesia enacted the Minister of Finance Regulation No. 210 of 2018 on Tax Enforcement of Electronic System Trade Transaction. VAT, Sales Tax on Luxury Goods, and Income Tax Treatment of Electronic...
Background On the 26 of February 2019, the Government of Republic of Indonesia enacted the Government Regulation No. 9 of 2019 on Examination of Ship Accidents. This regulation revokes the Government Regulation No. 1 of 1998 on Examination of Ship Accidents as...
Background On 1 August 2018, the Government of Republic of Indonesia enacted the Minister of Law and Human Rights Regulation No. 17 of 2018 on Registration of Limited Partnership, Firm, and Civil Partnership. Registration of Deed of Establishment of CV, Firm, and...
On 31 December 2018, the Financial Services Authority (“OJK”) issued OJK Regulation No. 37/ POJK.04/2018 on Equity Crowdfunding Services through an Information Technology (Equity Crowdfunding) (“POJK 37/2018“). With an Equity Qrowdfunding services through an...
Background Indonesia Investment Coordinating Board (“BKPM”) issued a new regulation namely the Investment Coordinating Board Regulation No. 13 of 2017 on Guidelines and Procedures for Licensing and Investment Facilities ("PERBKPM"), which entered into force on 2...
The distribution of dividends in a Limited Liability Company ("Company") is regulated under Law Number 40 Year 2007 Concerning Limited Liability Company ("Company Law"). According to Company Law, all net profits after the deduction to be set aside as reserves shall be...
On 9 January 2018, Minister of Health of the Republic of Indonesia has enacted the Regulation of Minister of Health No. 60 Year 2017 regarding supervision of import order of imported medical devices, in vitro medical devices and household health supplies (“RMH...
On December 30th 2016, Minister of Law and Human Rights Regulation No. 67 of 2016 on Trademarks Regulation (“MoLHR 67/2016”) was enacted by the Minister of Law and Human Rights. This is an implementation of Law No. 20 of 2016 of Trademarks and Geographical Indication...