Foreign Investment For Non-Financial Services Sector in Indonesia[1] Foreign investment for non-financial services sector in Indonesia is generally regulated under Law No. 25 of 2007 on Investment (“Investment Law”) and specifically regulated under the relevant government institution regulations and policies, e.g., regulations and policies of the Capital Investment Coordinating Board (Badan Koordinasi Penanaman Modal “BKPM”) […]
Obligation To Use Indonesia Language In Agreements[1] On 30 September 2019, the President has recently enacted a new Presidential Regulation No. 63 of 2019 on the Utilization of Indonesian Language (“Presidential Regulation No. 63”), which is an implementation regulation to Law No. 24 of 2019 on National Flag, Language, Coat of Arms and National Anthem. […]
Announcement To Adjust Company’s Business Activities With The Applicable KBLI[1] On 11 October 2018, the Ministry of Law and Human Rights (“MOLHR“) and the Ministry of Economic Coordinator (“MEC”) issued a joint announcement (“Announcement”). The Announcement requires every Indonesian company (including local and foreign investment company) to adjust the wording of its business activities recorded […]
- 1
- 2