For investors and shareholders, Suspension of Debt Payment Obligations (“PKPU”) can feel uncertain, but it is important to view it as both a protective and strategic mechanism. PKPU allows a company to restructure debts without being immediately declared bankrupt, helping preserve enterprise value and reduce the risk of larger financial losses that often accompany liquidation…

Suspension of Debt Payment Obligations (Penundaan Kewajiban Pembayaran Utang or “PKPU”) is often seen as a sign of a company’s financial difficulties, which can naturally cause concern for investors and shareholders. However, PKPU is not just a warning—it is a legal mechanism designed to allow companies to restructure their debts in a structured…

The Norm for the Calculation of Net Income (Norma Penghitungan Penghasilan Neto or NPPN) is one of the mechanisms provided under the Indonesian tax system to offer administrative simplicity for individual taxpayers in calculating their taxable income. By applying certain percentages determined by the tax authority,…

The Energy and Mining Downstream Development Dialogue Forum, convened by the China Chamber of Commerce in Indonesia and hosted by its New Energy Industry Committee, brought together senior government officials, industry leaders, and representatives from Indonesian and Chinese institutions to examine Indonesia’s downstream development agenda in the energy and mining sectors…

Value Added Tax (“VAT”) is an indirect tax that plays a significant role in Indonesia’s taxation system. VAT is primarily regulated under Law Number 8 of 1983 on Value Added Tax on Goods and Services and Sales Tax on Luxury Goods (“Law 8/1983”), as amended several times, most recently by Law Number 7…

Pursuant to Law No. 25 of 2007 on Investment, Government Regulation No. 28 of 2025 on the Implementation of Risk-Based Business Licensing, and Regulation of the Investment Coordinating Board / Ministry of Investment No. 5 of 2021 on Guidelines and Procedures for Risk-Based Business Licensing and Investment Facilities, as may be amended from time to time, all companies conducting investment activities in Indonesia…

Construction projects involving overseas contractors and investors in Indonesia are inherently complex. Beyond technical execution, such projects require careful navigation of Indonesian contract law, construction-specific regulations, and local business practices. In practice, many disputes do not arise from the absence of contracts, but from inadequate contract management and misaligned risk allocation throughout the project lifecycle…

In early December 2025, the Indonesian Government issued Government Regulation No. 49 of 2025 (“GR 49/2025”), which serves as the second amendment to Government Regulation No. 36 of 2021 on Wages (“GR 36/2021”). GR 36/2021 functions as Indonesia’s national wage framework, governing key aspects of wage policy, including minimum wage components, classifications, and determination mechanisms…

The Indonesian Ministry of Law has issued Regulation of the Minister of Law No. 49 of 2025 (MOL Regulation 49/2025), which introduces important adjustments to corporate compliance obligations, particularly in relation to the mandatory reporting of the Annual General Meeting of Shareholders…

Changes to corporate data are an inherent part of a company’s lifecycle. These include, among others, share transfers, changes in the composition of the board of directors and/or commissioners, amendments to the registered office address, and capital increases. In Indonesia, such changes must be reported to the Directorate General of Legal Administration…