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New Implementing Regulation on Personal Data Protection The Minister of Communication and Informatics has issued Regulation No. 20 of 2016 on Personal Data Protection in Electronic Systems which became effective on 1st December 2016. The regulation supplies new measures to the current personal knowledge safety provisions in Indonesia. Indonesian Government Imposes VAT on Imported Digital Goods and Services Indonesia’s Minister of Finance (“MOF”) just lately issued a regulation on the imposition of value-added tax (“VAT”) on intangible taxable goods and services, including digital items and services, from overseas technology firms that are utilized in Indonesia. This version covers, amongst different …
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Indonesia Omnibus Law – Changes to the Company Law Indonesia’s closely watched omnibus jobs creation invoice just lately became regulation. The stated goal of the Omnibus Law is to bolster investment and create jobs by streamlining regulations and simplifying the licensing course of to improve the benefit of doing business in Indonesia. In addition, “trading in cybersecurity services ” was added to the list of conditional enterprise strains. Better Work Indonesia , a partnership programme between the International Labour Organization and the International Finance Corporation – a member of World Bank Group prepared the next abstract highlighting the key modifications …
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Manpower Ministry Issues Regulation on Delegation of Licensing Authority to the BKPM In December 2017, the Indonesian Ministry of Manpower issued Regulation No. 22 of 2017 on the Implementation of the One-Stop Integrated Service for the Manpower Sector on the BKPM. Indonesian Government Publishes 2017 Cost of Electricity Generation Figures The Government just lately issued Decree No. 1772 K/20/MEM/2018 which illustrate the prices to PLN of procuring energy from the different systems/sub-systems throughout Indonesia. Indonesia’s PLN Invites Hydropower Developers to Prequalify Indonesia’s state-owned power utility PLN, has issued an invitation to hydropower developers to submit applications to be included on …
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COMPASS evaluates EP applications based on a holistic set of individual attributes (i.e. wage, qualifications, being on the Shortage Occupation List ) and firm-related attributes (i.e. variety, assist for local employment, assembly specific assessment standards on innovation, or internationalisation activities). Development of Nusantara, the name of the model new capital metropolis of Indonesia, shall be led by a special authority with the power to, amongst others, concern funding licensing and supply amenities to parties supporting financing for the needs of preparation and relocation of the capital city. The particular authority of Nusantara will start working no later than the top …
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New Regulation on Marketing Authorization for Medical Devices and Supplies The Minister of Health issued Regulation No. sixty two of 2017 on Marketing Authorization for Medical Devices and Supplies to harmonize Indonesian regulations with ASEAN and global laws on medical gadgets. NIK New Development The DGCE regulation requires an organization to course of the IMTA and NPWP for international administrators not residing in Indonesia. Indonesia Relaxes Mandatory Employer Contributions to Manpower Social Security Programs Amid COVID-1 With COVID-19 infections not slowing within the country, the Government of Indonesia (“GOI”) has continued to issue laws aimed at preventing the pandemic and …
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For topics on explicit articles, keep the dialogue by way of the same old channels with your editor. 2.Review Policy for articles- The journal follows double blind peer evaluation coverage for all articles. Once the article is received, it’s forwarded to our two reviewers after eradicating names of authors and their affiliations. Reviewers ship their feedback in due course of time and these comments/ queries are forwarded to authors to make corrections or supply explanations.
Regulation 8 was issued to support the tax amnesty programmes initiated by the Indonesian government. The OJK Issues New Circular Letter on Micro-insurance Products Circular …
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Our management staff works onerous at ensuring that each employee is offering courteous and environment friendly customer service to all of our valued prospects. We guarantee the best high quality of customer support making sure to meet the best of expectations. Government Changes Divestment Requirements for Mining Companies in Indonesia Indonesia’s mining trade stays in flux. On 14th October 2014, the Indonesian Government issued the third modification to Government Regulation No. 23 of 2010 concerning the Implementation of Mineral and Coal Mining Business Activities and in doing so introduced revised divestment requirements. Indonesian Language Law from the Perspective of the …
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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, …