News

Under Law No. 20 of 2011 on Apartments (“Apartment Law”), apartment developers (“Developers”) that develop commercial apartments are required to also develop public apartments with an area of at least 20% of the total floor area of the commercial apartments they build. For many years, this has not been commercially attractive to Developers. However, the… Read More

With the issuance of Presidential Regulation No. 10 of 2021 on Investment Sectors (“PR 10/2021”), the Indonesian government presents a new era with more flexibilities for foreign investment, by relaxing foreign ownership restrictions in wholesale distribution and certain retail businesses. In addition, the government also decided to relax other trading-related businesses, such as, warehousing and… Read More

Government Regulation No. 5 of 2021[1] (“GR 5/2021”) is a product with which the government tries to deliver its promises on business licensing reform in order to create a friendly and conducive environment for businesses. In this newsletter we discuss two key highlights of GR 5/2021, being business licenses and minimum investment amount. Business Licensing… Read More

On 2 February 2021, the Government issued various employment-related Government Regulations to further implement the Omnibus Law. You might be wondering what key updates that are brought by these regulations, and how they might affect you. In this newsletter, we discuss selected key employment issues that we believe would be relevant for your consideration when… Read More

The long-awaited Presidential Regulation on investment sectors[1] is now issued by Mr. Joko Widodo, the President of Indonesia. This regulation is one of the implementing regulations of the Omnibus Law and will be effective as of 4 March 2021. The lists of sectors in this Presidential Regulation replace the previous lists issued in 2016 (also… Read More

This fourth part of our updates on the Omnibus Law highlights the simplification and liberalization of the Energy and Mineral Resources Sector, Maritime and Fishery Sector, Plantation Sector, Forestry Sector, and Halal Product Certification Process. For Part 1, Part 2 and Part 3 of the analytical reviews, please refer to the following: Part 1 :… Read More

In this third part of our analytical review of the Omnibus Law, we would like to highlight (i) the harmonization and relaxation of land related provisions, and (ii) the development on the definite-term employment provisions. For Part 1 and Part 2 of the analytical reviews, please check out these links: Part 1 : Changes to… Read More

This is the second part of our analytical review of the Omnibus Law, and this time we are focusing on (a) simplification of business licensing requirements; (b) relaxation of Limited Liability Company (PT) requirements; (c) amendments to the Antitrust Law; and (d) liberalization and simplification of regulatory authorities in certain business sectors. For the first… Read More

On 5 October 2020, the Indonesian Government together with Indonesia’s parliament passed the so-called ‘Omnibus Law on Job Creation’ (Undang-Undang Cipta Kerja) (“Omnibus Law”), which according to the Indonesian Government is a solution to tackle overlapping and contradictory existing legislation that often causes confusion and delays to businesses in implementing their investment plans. The Omnibus… Read More

In November 2019, the Government Regulation No. 80 of 2019 on Trading through Electronic System (“E-Commerce GR”) was enacted, setting out distinct requirements for e-commerce business players, classified into: online merchants, e-commerce platform providers, and intermediary services providers. Just recently, the technical implementing regulation was issued through the Minister of Trade (“MOT”) Regulation No. 50… Read More