On September 25, 2023, the President of the Republic of Indonesia, Joko Widodo, signed Presidential Regulation No.57 of 2023 regarding Mandatory Reporting of Job Vacancies, which repealed Presidential Decree No.4 of 1980 concerning Mandatory Reporting of Job Vacancies. This regulation was issued with the aim of improving the service of workforce placement within a unified labor market by ensuring the availability of accurate and suitable job vacancy information.

Welcome to Indonesia’s Annual Data Protection Summit – a must-attend, free online event prioritizes the enhancement of data security in Indonesia. Taking place on Thursday, 14 December, with the theme ‘Safeguarding The Effective Implementation of PDP Law: Public and Private Sectors Perspectives’, featuring valuable insights from key exclusive industry sectors. Connect with industry leaders, experts, and professionals in the field of data protection. Whether you’re looking to expand your knowledge, actively involved in data-related…

The Domestic Component Level (Tingkat Komponen Dalam Negeri or TKDN) certification has become a crucial factor in the development of industries in Indonesia. Government support for obtaining TKDN certification is a vital step that business actors need to take. Before delving further, it is essential to understand the concept of TKDN and why it plays a strategic role in the development of the domestic industry.

In the advancing digital era, safeguarding data and information has become a crucial challenge for organizations across various sectors. Cyber threats are evolving, and information breaches can have serious ramifications for both businesses and individuals. This is where ISO 27001:2013, the international standard for Information Security Management Systems (ISMS), plays a vital role in assisting organizations in effectively managing and protecting information.

Indonesia is one of the countries with a rapid growing retail sector. An essential component of this industry involves the retailing of various non-food, non-beverage, or tobacco-related items in supermarkets or department stores. In an effort to develop this sector while supporting micro and small enterprises (MSEs), the government has issued regulations and guidelines that govern partnerships in this retail trade.

In the realm of real estate development and financing, foreign entities have shown a growing interest in contributing to infrastructure development and investment in various countries, including Indonesia. One mechanism that has gained attention is the concept of foreign entities providing loans and holding mortgage rights, also known as “Hak Tanggungan” in Indonesian law. This practice has the potential to support the expansion of infrastructure…

In the advancing digital era, personal data protection has become a crucial concern for individuals and organizations worldwide. Indonesia is no exception, responding to this need with the enactment of Law No. 27 of 2022 on Personal Data Protection (PDP Law). One vital aspect addressed by this law is the retention of personal data. Data retention refers to the policies governing the storage and management of personal data by data controllers. This article will…

Starting from the 2022 tax year, income in the form of compensation received due to work or services rendered will be considered taxable income for the recipient. It may also be subject to taxation for the provider based on Law No.7 of 2021 concerning the Harmonization of Tax Regulations (“Law 7/2021”). Benefits in kind are a form of goods given to individuals or workers that does not involve cash payments. While companies generally provide salaries…

In August 2023, Indonesia ratified Financial Services Authority Regulation No.14 of 2023 concerning Carbon Trading Through Carbon Exchange (“POJK No.14/2023”). This opens up attractive investment opportunities for foreign nationals interested in participating in carbon market in the country. The regulations outlined below identify several opportunities for foreign investors interested…

KITAS Investor is an immigration product specifically designed for investors who make investments in companies in Indonesia. This document grants a limited stay permit to foreigners in Indonesia, and it is a part of the Indonesian government’s efforts to enhance the investment climate in the country. Although KITAS stands for “Kartu Izin Tinggal Terbatas” (Limited Stay Permit Card), the Indonesian government no longer issues physical cards for this purpose. Instead, it is now commonly referred…