Newsletter
Revocation of Export Prohibition on Crude Palm Oil and its Derivatives in Indonesia
Jul 20, 2022
On June 8, 2022, the Ministry of Trade lifted the temporary export prohibition on Crude Palm Oil, Refined, Bleached and Deodorized Palm Oil, Refined, Bleached and Deodorized Palm Olein, and Used Cooking Oil ("CPO and its derivatives") commodities through Minister of Trade Regulation No. 30 of 2022 in conjunction with the Minister of Trade Regulation No. 39 of 2022 ("MoTR 39/2022"), which creates a positive outlook for investment in Indonesia.
Private-interest Terminal and Special Terminal Regulation in Indonesia
Jul 13, 2022
Along with the economic developments in the Port sector, business owners can build special terminals to facilitate their business, such as a Special Terminal and Private-interest Terminal. Terminal and transportation infrastructure has a critical role in supporting business chains. Without the availability of decent transportation infrastructure, businesses will face many obstacles, i.e., delays in shipping goods.
Rejim Pengaturan Kontrak Komersial Internasional - Kontribusinya Bagi Modernisasi Hukum Kontrak Nasional
Jul 07, 2022
Perkembangan dinamika perdagangan dan investasi transnasional dalam skala global, regional dan bilateral dengan berbagai bentuk transaksinya membutuhkan pengaturan yang mampu mengakomodasikan berbagai kepentingan para pihak yang terlibat di dalamnya. Berbagai kepentingan tersebut...
Employment Termination due to Urgent Violation in Indonesia
Jul 06, 2022
In some cases, termination of employment is carried out by employers immediately against employees who have committed grave wrongdoings without any warning letter ("Urgent Violation"). Typically, the terms and conditions for termination due to Urgent Violation are set under the Employment Agreements, Company Regulations, and Collective Labor Agreement. The most common questions from the employers...
Compensation Payment on the Change of Employment Agreement in Indonesia
Jun 22, 2022
The implementation of the Job Creation Law ("Omnibus Law"), which was enacted in 2020, has made a significant change to the law and regulation in Indonesia, including the Company Law, Investment Law in Indonesia, and the Indonesian Labor Law. The Job Creation Law makes it easier to attract foreign investment to Indonesia. Following to the Job Creation Law, the Government of the Republic of Indonesia has enacted Government...
Apostille, Foreign Public Document Legalization Service in Indonesia
Jun 15, 2022
The Ministry of Law and Human Rights has enforced the Apostille certificate since June 4, 2022 based on the Regulation of the Minister of Law and Human Rights No. 6 of 2022 concerning Apostille Legalization Services on Public Documents ("RM 6/2022"), which implements regulation of the Presidential Regulation No. 2 of 2021 concerning Ratification of the Convention Abolishing the Requirement of Legalization for Foreign Public...
Komisi Pengawas Persaingan Usaha (KPPU) Issues Business Competition Compliance Program Regulations in Indonesia
May 25, 2022
The Business Competition Supervisory Commission or Komisi Pengawas Persaingan Usaha (KPPU) issued KPPU Regulation No. 1 of 2022 concerning the Business Competition Compliance Program, which has been in effect since the promulgation date on March 24, 2022, intending to increase the compliance of business actors with business competition law in Indonesia to support the company's credibility in the international community.
The Investment Coordinating Board is Flooded with Complaints from Business Actors Over Revocation of Mineral Mining Business Permits in Indonesia
May 18, 2022
The government has officially revoked 1,118 Mining Business Permits ("IUP") out of 2,078 recommendations for IUP revocation. The 1,118 IUP revocations include 102 IUP in nickel mining (161,254 Ha), 271 IUP in coal mining (914,136 Ha), 14 IUP in copper mining (51,563 Ha), 50 IUP in bauxite mining (311,294 Ha), 237 IUP in tin mining (374,031 Ha), 59 IUP in gold mining and 385 IUP for other minerals (365,296 Ha).
Establishing a Power Station Operation and Maintenance ("O&M") Service Business in Indonesia
May 11, 2022
To conduct O&M Service for Power Station business, the company should obtain an Electric Power Supporting Services Business License (Izin Usaha Jasa Penunjang Tenaga Listrik - IUJPTL). The requirement by law in Indonesia to get the IUJPTL is regulated under Article 31 paragraph 1 letter (d) and (e) of Government Regulation in Indonesia Number 25 of 2021 regarding the Implementation of Energy and Mineral Resources ("PP 25/2021").
Mining Licenses Revocation in the First Semester of 2022 in Indonesia
Apr 27, 2022
President Joko Widodo announced the revocation of 2.078 mineral and coal Mining Business Permits (Izin Usaha Pertambangan/IUP) because the IUP holders never submitted their work plans (Rencana Kerja dan Anggaran Biaya/RKAB) even though the permits had been granted for years. Minister of Investment/Head of the Investment Coordinating Board Bahlil Lahadalia stated that the revocation of IUPs for 2.078 mining companies in Indonesia was carried out starting January 2022, following Presidential Decree No. 1 of 2022