Yearly Archives: 2020


August 21, 2020

The Indonesian Minister of Finance (“MOF”) issued Regulation No. 22/PMK.03/2020 on Implementation Procedures for Advance Pricing Agreement (“MOF Regulation 22/2020”), revoking the previous MOF Regulation No. 7/PMK.03/2015 on the same subject matter. Advance Pricing Agreement (“APA”) is a tax facility applicable to certain qualified taxpayers, which, if approved by the tax authority, will be concluded… Read More

W&P Newsletter – Indonesian Mining Law Finally Amended – The Highlighted Provisions

August 7, 2020

In an effort to provide more legal certainty for investors and to simplify the licensing procedures in the mineral and coal mining (“Mining”) sector, the Indonesian Government finally issued Law No. 3 of 2020 (“Law 3/2020”), which amends and annuls certain provisions of the previous Mining Law No. 4 of 2009 (“Law 4/2009”). Because the… Read More


July 13, 2020

Free Trade Agreements (FTAs) and Indonesia From 1990 to 2015, there were only 10 FTAs concluded by the Indonesian government. Among those are the prominent FTAs, namely the ASEAN Free Trade Agreement (AFTA), ASEAN-China Free Trade Agreement (ACFTA), and Indonesia-Japan Economic Partnership Agreement (IJEPA). However, the more integrated economy after 2015 has inevitably changed the… Read More

W&P Newsletter – Relaxation of Asset Quality Determination and Financing Restructuring Rules for Non-Bank Financial Institutions

June 16, 2020

On 28 January 2020, the Indonesian National Disaster Management Agency (Badan Nasional Penanggulangan Bencana or “BNPB”) declared a disaster emergency status due to the (“COVID-19”) outbreak in Indonesia. Following the declaration of the disaster emergency status, the Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued OJK Regulation No. 14/POJK.05/2020 on the Countercyclical Policy… Read More

W&P Newsletter – BKPM Introduces New Guidelines for the Implementation of Integrated Electronic Business Licensing Service

June 8, 2020

In its latest effort to cut the red tapes of business licensing and to follow-up the takeover of Online Single Submission (“OSS”) system, as mandated by Government Regulation 24/2018 (“GR 24/2018”) (click here for the previous update), the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal “BKPM”) issued Regulation No. 1 of 2020 on Guidelines… Read More

W&P – Asia Business Law Journal | Measures by Governments Across Asia In Managing the COVID-19 Pandemic

June 2, 2020

The Asia Business Law Journal (ABLJ) just issued a comprehensive report on various measures of governments across Asia to manage the COVID-19 pandemic. The measures have forced them to resort to strict lockdowns at one hand, but on the other have brought their economies to a standstill, which in turn, have presented a twin challenge:… Read More

W&P Newsletter – New Ministry of Health’s Guidelines of Dos and Don’ts at the Workplace during and after the Large-Scale Social Restriction (PSBB)

May 29, 2020

To maximize the implementation of the PSBB policy during the COVID-19 pandemic and to transition into the “new normal”, the Minister of Health has just issued a new Ministerial Decree No. HK.01.07/MENKES/328/2020 concerning Guidelines for COVID-19 Prevention and Control in Office and Industrial Workplace Settings to Support Business Sustainability during a Pandemic (“Guidelines”). The Guidelines… Read More

W&P – Top Indonesian Lawyer 2020 by Asia Business Law Journal

May 21, 2020

Both W&P Partners are named among the 100 A-List of Top Indonesian Lawyer 2020 by Asia Business Law Journal. We are honored and grateful to be placed in such distinguished rank for 3 years in a row.

W&P Newsletter – Indonesian Bankruptcy and PKPU Alert – New Rules by the Supreme Court

May 18, 2020

To provide further technical guidance in administering cases of bankruptcy and suspension of debt payment, the Indonesian Supreme Court has just issued a revised Guideline on Bankruptcy and Suspension of Debt Payment Case Settlements  (“Guideline”). Previously, the Guideline was enacted by virtue of the Chairman of the Supreme Court Decision No. 3/KMA/SK/I/2020 (“Decision 3/2020”). However,… Read More

W&P Newsletter – Industrial Sectors Legal Alert – Exemption of Large-Scale Social

May 10, 2020

In response to the Covid-19 outbreak, the Indonesian Government has enacted specific regulations to impose the large-scale social restriction policy (pembatasan sosial berskala besar – PSBB). This policy temporarily limits mass activities within certain areas (please see W&P’s previous newsletters on large-scale social restriction and economic stability regulations here and measures taken by the Indonesian… Read More