Legal Insights | Business-Indonesia

NEW KBLI CODES RELEASED — ENSURE YOUR BUSINESS CLASSIFICATIONS ARE UP TO DATE

As you may already be aware, business activities in Indonesia have a unique numerical code (known as the KBLI Code). This numerical code will determine the scope of business activities that a
Indonesia’s New Local Content Level Regulation: An Overview

Local Content Level, or Tingkat Komponen Dalam Negeri – “TKDN”, refers to the proportion of domestic components contained in goods, services, or a combination of both. TKDN plays a central role in
Regulatory Shifts in Indonesia’s Natural Resources Export Proceeds Regime: Current Rules and Outlook

Companies in Indonesia that conduct export activities in certain sectors are required to place their foreign exchange export proceeds (Devisa Hasil Ekspor or “DHE”) within the Indonesian financial
Understanding the EU–Indonesia CEPA: An interview with Carsten Sorensen, EU Delegation in Jakarta

Following the conclusion of negotiations for EU–CEPA, BI spoke with Carsten Sorensen, Head of Trade and Economic Section at the EU Delegation Jakarta, about the deal, its timeline, & expected impact.
Indonesia Reduces Minimum-Paid-Up-Capital Requirement for PT PMAs – A Long Awaited Move Back to Past Openness

October has brought significant changes for international enterprises doing or planning to do business in Indonesia. By means of the Ministry of Investment and Downstream Industry Regulation
Legal and Economic Pathways Under the Indonesia–EU CEPA

The Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), following nearly a decade of negotiations, marks a pivotal development in EU–Indonesia economic relations.

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LUTHER

Investment Insights: Navigating Opportunities in Indonesia's New Capital, Nusantara

As Indonesia forges ahead with the development of its new capital, foreign investors have a unique opportunity to participate in the growth and transformation of this new capital city. The vision of

Author : Philipp Kersting

LUTHER

Clearing the Confusion: Supreme Court Resolves Questions Regarding Severance Pay for Employees Made Directors

Indonesian labor law is known to be tricky to navigate, especially when it comes to the obligation to hand out severance pay when parting ways with an employee. A specific issue in this regard,

Author : Philipp Kersting

LUTHER

Halal Certification in Indonesia: What You Need to Know

In Indonesia, obtaining Halal certification for certain product categories is not only a matter of preference but a legal requirement. This certification ensures that products adhere to Islamic law

Author : Philipp Kersting

Halal Certification

EKONID AHK Indonesien

Imported Drugs: Registration and Distribution License

In order to protect the public from the distribution of drugs that fail to meet Indonesia’s standard requirements on safety and quality, the government implements an evaluation mechanism

BPOM Registration

KAP SIDDHARTA WIDJAJA & REKAN

New Indonesia – UAE tax treaty

Indonesia ratified the renegotiated tax treaty with the UAE (see Presidential Regulation No. 34 Year 2021, dated and effective from May 4, 2021). On August 19, 2021, Indonesia sent Diplomatic Notes to

Author : Jacob Zwaan

PT Rodl Consulting

Prospect of new and renewable energy in Indonesia

Indonesia's hopes and aspirations to participate in the global commitments to overcome impacts of climate change due to rising temperatures by using clean and environmentally friendly energy have push

Author : Mr Stefan Ewers

Prospect and Legal Changes in Indonesia Energy Sector

EKONID AHK Indonesien

Easing Business Visit to Indonesia with e-VoA

The Directorate General of Immigration of the Republic of Indonesia (“Director-General”) has issued Circular No. IMI-0794-GR.01.01 of 2022 concerning Immigration Policies for the e-Voa, Visa-on-

Author : Nurul Khasbullah

Visa on Arrival

KAP SIDDHARTA WIDJAJA & REKAN

Changes of the withholding taxes of construction services

Government Regulation No. 9 year 2022 (“PP-9/2022”) dated February 21, 2022, was issued as the second amendment to the Government Regulation No. 51 year 2008 (“PP-51/2008”) pertaining the Taxation on

Author : Jacob Zwaan

KAP SIDDHARTA WIDJAJA & REKAN

“Final” VAT regime

The implementation of the final VAT regime is made with reference to Article 9A of the HHP Law (Law No. 7 Year 2021 regarding Harmonization of Tax Regulations (Harmonisasi Peraturan Perpajakan/HHP).

Author : Jacob Zwaan

PT Rodl Consulting

Implementation of Indonesia – EFTA states’ Comprehensive Economic Partnership Agreement

The Government has ratified Comprehensive Economic Partnership Agreement with the EFTA States (Iceland, Liechtenstein, Norway and Switzerland) by Law number 1 of 2021 dated May 7, 2021. To Implement

Author : Wahyu Indradi

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