Legal Update

3 Ways To Have (A) More Appealing LAW

BKPM Stops Issuing Licenses On twenty first June, the federal government issued Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services. As a consequence, the BKPM will briefly droop the processing and issuing of licenses and can transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a brand new listing rule for shares and equity-type securities. The new rule offers new requirements for itemizing on the IDX and clarifies several items that aren’t clearly regulated beneath the old rule. New Developments in Indonesian Immigration Policy On September 11, 2020, the Indonesian Government enacted a new regulation that introduces a quantity of modifications to the immigration regime that affect foreigners, Indonesians and the procurement of journey paperwork. Sign-up to follow subjects, sectors, folks and now have the option to obtain a weekly update of lastest news across your areas of curiosity.

Legal Update

Evolution of the entire number of citations and journal’s self-citations obtained by a journal’s revealed documents through the three previous years. All forms of paperwork are thought-about, including citable and non citable documents. It has the potential to be one of the significant legislative developments lately. Please click on right here to examine how we process your knowledge in compliance with the General Data Protection Regulation . Submission is always openManuscript Processing Charges- We charge for manuscript processing from authors.

The caps on extra time hours (“OT”) in a year and a month of workers are loosened underneath Resolution 17 of the Standing Committee of the National Assembly on 23 March 2022 in the context of Covid-19 pandemic. These employers are also allowed to mobilize the employees to work up to 60 hours a month. The new annual cap and the monthly cap shall be efficient from 01 January 2022 and 01 April 2022, respectively.

Currently, Tedy is a commissioner to a private company and the President Director of different firms. With such work experiences, Tedy is accountable in dealing with varied enterprise and funding points, including licensing and employment points. Food Export Regulations and Licenses in Indonesia Food export activities in Indonesia may be carried out by individuals, institutions and enterprise entities. This legal update offers a complete overview of the completely different classifications for export goods, as well as relevant licensing procedures and rules.

This is an open access journal which signifies that all content material is freely obtainable with out charge to the consumer or his/her institution. Users are allowed to read, download, copy, distribute, print, search, or link to the total texts of the articles, or use them for any other lawful objective, without asking prior permission from the publisher or the author. Welcome to the nineteenth Ashurst Governance & Compliance update, the goal of which is to maintain you and your board on high of the latest developments. Our private method, technical expertise, native data and global network enable us to ship an expertise that different professional service providers find hard to match. We are recognised as a foremost authority in regulation and go-to organisation for legal expertise.

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Dr. Franklin is past editor in chief of the Journal of Cardiopulmonary Rehabilitation and Prevention and serves on the editorial boards of 15 different scientific and scientific journals. He has written or edited more than 700 scientific and scientific publications, together with 26 books, and has given over one thousand invited displays worldwide. Nusantara can be designated because the default location for representatives of international countries and worldwide organizations/institutions, for which purpose the government will prepare land and different non-material incentives to increase the willingness of such representatives to relocate. The government envisages that the representatives of international nations and the representatives of worldwide organizations will move to Nusantara inside ten years of the relocation of the capital city.

Registration of Vessels in Indonesia Any vessel of at least 7 gross tonnes can be registered underneath the Indonesian flag including offshore drilling rigs and cellular offshore drilling units. Companies looking for to acquire Indonesian nationality for his or her vessels should adjust to Indonesian laws and regulations related to the possession and operation of the vessel. Amendment to Regulation on the Utilization of Foreign Manpower Indonesia’s Ministry of Manpower has issued Regulation No. 35 of 2015, which serves as an amendment to Regulation No. 16 of 2015 on the Procedure for the Utilization of Foreign Manpower, and brings about modifications covered on this legal update. Guide to Background Checks in Indonesia Employers in Indonesia regularly carry out background checks on applicants.

New Corporate Governance Requirements For Hk Listed Corporations

Companies in Indonesia are required to register workers in the Indonesian government’s employment social security programmes. Data Protection in Indonesia There are varied laws that relate to knowledge privateness in numerous specific areas though there isn’t any comprehensive knowledge protection law in Indonesia. Indonesian legal scholars often check with Article 28 of the 1945 Constitution as the premise for extra specific data privacy laws. The Development of Personal Data Protection in Indonesia After months of drafting and deliberation, Indonesia’s Ministry of Communication and Informatics (“MOCI”) in late 2016 issued a long-awaited regulation on the protection of personal information. ESDM Regulation forty two and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources revealed Regulation No. forty two of 2017 (Reg. 42). forty two apply to upstream and downstream oil and gas companies, IUPTL holders and IPB holders.


New Body Set Up to Resolve Disputes in Indonesia’s Construction Sector The Indonesian Centre for Arbitration and Alternative Dispute Resolution for Construction in late 2015 held its first seminar to announce its existence as a dispute decision body in the field of development in Indonesia. A Look at Indonesian Bankruptcy Law Law No. 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations sets forth the necessities for submitting a bankruptcy petition. The essential requirement is that there should be two or extra collectors and at least one mature but unpaid debt for a chapter action to be initiated against a debtor. What You Need to Know about Indonesia’s New Tax Amnesty Law The Indonesian Government lately issued the long-awaited and anticipated Tax Amnesty Law (Law No. 11 of 2016). The Tax Amnesty Law eliminates the principal tax debt and administrative sanctions as well as offering no-examination of tax crimes. Downsizing in Indonesia There has been considerable confusion about whether or not employers in Indonesia are allowed to downsize a part of their workforce for effectivity causes.