Other Briefings
Stamp Duty in Indonesia: New Law in Effect
On January 1, 2021, Indonesia’s Law No. 10 of 2020 on Stamp Duty (the “Law”) came into effect, replacing the previous stamp duty law from 1985.
Bukalapak Becomes Indonesia’s First Listed Tech Unicorn
Indonesian e-commerce platform Bukalapak became the country’s first listed tech unicorn as the company made its debut on the Indonesian Stock Exchange.
Indonesia’s Batam Receives Two New Special Economic Zones
Indonesia is set to open two new special economic zones in the island city of Batam with the aim to develop the digital economy, data centers, logistics, tourism, and aviation industries.
The Updated Indonesia-Singapore Tax Treaty Enters into Force
On July 23, 2021, the updated Indonesia-Singapore double taxation agreement entered into force, strengthening efforts to prevent tax evasion, and increase investments between the two countries.
Company Dissolution in Indonesia: A Guide for Foreign Investors
The company dissolution process in Indonesia can be voluntary or non-voluntary. This article explores the steps that foreign investors should take when liquidating their Indonesian businesses.
Indonesia’s Omnibus Law: Individuals Now Allowed to Incorporate Companies
GR 8/2021 introduces individually owned companies, a new type of company category in Indonesia that can be incorporated by a single individual.
How to Prepare a Foreign Worker Utilization Plan: Hiring in Indonesia
MOM Reg 8/2021 is an implementing regulation that details the requirements businesses must fulfill to hire foreign workers.
Indonesia to Build Electric Vehicle Battery Plant, Production Starting in 2023
Indonesia will build its first electric vehicle battery plant and aims to begin production by 2023, in a project estimated to be valued at US$9.8 billion.
Import and Export Procedures in Indonesia – Best Practices
Indonesia has made serious efforts to improve its import and export procedures as the country targets to become the fourth-largest economy by 2045.
Indonesia’s Omnibus Law: Provisions on Minimum Wage
Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.
