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Technological Innovation in Indonesia: A Focus on Electronic Land Certificates and Data Management

As technological advancements progress, Indonesia is also making significant strides in various sectors, particularly in the realm of data management. On December 4, 2023, President Joko Widodo officially introduced and distributed electronic land certificates (“e-certificates”) nationwide at the State Palace in Jakarta. E-certificates are digital documents issued through an electronic system. They encompass information created…

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Exploring the Ideal Boarding School: A Guide for Parents

Are you in the process of finding the perfect boarding school for your child? The United Kingdom stands out as one of the world’s most sought-after destinations for higher education, boasting an annual enrollment of over 500,000 international students. When embarking on the journey to find the right boarding school, location takes center stage. Proximity to close family members or guardians is often a key consideration, making it essential to strike a balance between accessibility and connection. Exploring options with good transport…

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Are Non-solicitation and Non-competition Clauses in Employment Agreements Necessary in Indonesia?

There are clauses in employment agreements that are often included, namely confidentiality, non-solicitation and non-competition clauses. The purpose of these clauses is to avoid unfair competition and attempts to create competitors or having former employees take advantage of the company’s data, information and customers.

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The Blocking of Corporations That Have Not Reported Their Beneficial Ownership in Indonesia

The Blocking of Corporations that Have Not Reported Their Beneficial Ownership in Indonesia

According to Presidential Regulation No. 13 of 2018 regarding the Implementation of the Principles of Recognizing Beneficial Ownership of Corporations to Prevent and Eradicate the Criminal Acts of Money Laundering and Terrorism Financing (“PR 13/2018”), each corporation is required to determine the Beneficial Ownership (“BO”) of the corporation.

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Replacement of the Previous Job Creation Law in Indonesia

Law Number 11 of 2020 on Job Creation (“Law 11/2020”) was ratified on 2nd November 2020 as the applicable regulation in Indonesia. However, the implementation of Law 11/2020 became ineffective right after Indonesian Constitutional Court (“MK”), through MK Decision Number 91/PUU-XVIII/2020, deemed Law 11/2020 as conditionally unconstitutional. To tackle this concern, Indonesia’s government contrived Indonesia Government…

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2023 Adjustment of Minimum Wage for Workers in Indonesia

A new year reflects business progress and continuity for both business actors and workers. Along with economic development in Indonesia, more job opportunities are open for the public and the wages of workers shall be at the standardized Minimum Wage. If business actors do not heed the wage provisions stipulated in the Minister of Manpower Regulation No. 18 of 2022 concerning the Determination of the 2023 Minimum Wage by law in Indonesia (“MoMR 18/2022”), then the sanctions are….

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The Obligation to Register Fixed Term Employment Agreements in Indonesia

The Fixed Term Employment Agreement or Perjanjian Kerja Waktu Tertentu (PKWT) based on Indonesian government regulation, is regulated under Government Regulation No. 35 of 2021 on Fixed-Term Employment Contracts, Outsourcing, Hours Of Work, And The Procedure For The Termination Of Employment (“GR 35/2021”), which implements the Indonesian Job Creation Law under the government’s effort to provide greater protection to employees (workers/labors)….

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The Importance of the Construction Safety Management System (SMKK) in Indonesia

On 2 February 2021, the government issued Indonesian Government Regulation No. 14 of 2021 as an amendment to Government Regulation No. 22 of 2020 on the Implementation of Law No. 2 of 2017 on Construction Services (Amended GR 22/2020). One of the most significant changes in Amended GR 22/2020 is regarding the Construction Safety Management System (SMKK).

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Amendment to Smelter Licenses in Indonesia: Annulment of Special Operation Production Mining Business License for Implementation of Industrial Business License

In accordance with the government’s program to promote the value of natural resource commodities and with the enactment of Law No.3 of 2020 concerning amendments to Law No.4 of 2009 (“Law 3/2020”), there has been a significant change in the licensing to carry out smelter operation business, especially smelter for nickel as a commodity. It is hoped that…

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THE TAX HOLIDAY FACILITY

Who does it apply to and why?

In order to attract investment, The Government of Indonesia amended the previous Minister of Finance Regulation No. 159/PMK.010/2015 JO No. 103/PMK.010/2016 (“PMK”) regarding Corporate Income Tax Reduction Facilities (otherwise known as the Tax Holiday Facility) with the latest Minister of Finance Regulation No. 35/PMK.010/2018 (“Regulation”). The new Regulation became effectively enforced on 04 April 2018. Subsequenlty, PMK has been revoked and declared null and void by Regulation.
For clarification,…

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