Other Briefings
Indonesia Increases Paid-up Capital Requirements for Foreign Companies
Indonesia’s Investment Coordinating Board issued BKPM Regulation 4 of 2021 regarding an increase of paid-up capital requirements for foreign investors.
Indonesia’s Omnibus Law: The New Unemployment Benefit Program
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed.
Indonesia Establishes New Investment Ministry
Indonesia’s government has established a new Investment Ministry, as the president initiates another cabinet reshuffle.
Indonesia’s Omnibus Law: Risk Based Business Licensing
Indonesia’s Regulation 5 of 2021 introduces a risk-based approach to the issuance of business licenses.
UK and Indonesia Promote New Economic Ties
The UK and Indonesia have concluded the first round of exploratory trade talks and committed to further strengthening their trade and investment links.
Changes to Social Security Rates in Indonesia for 2021
Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.
Indonesia’s Omnibus Law: Significant Changes for Contract Workers
Indonesia’s GR 35/2021 stipulates significant changes to fixed-term employment contracts, outsourcing, hours of work, and the termination of employment procedure.
Opportunities in Indonesia’s Financial Technology Sector
Indonesia’s fintech industry is one of the most competitive and dynamic in ASEAN. The country is home to 20 percent of all fintech companies in the Southeast Asian bloc.
Transfer Pricing in Indonesia: A Guide for Foreign Investors
Indonesia endorses the arm’s length principle as the standard guide to transfer pricing.
The Indonesia-Singapore Bilateral Investment Treaty Comes into Effect
The Indonesia-Singapore Bilateral Investment Treaty (BIT) updates the rules on the treatment of investments from both countries.
