Legal Update

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Companies in Indonesia are required to register employees in the Indonesian government’s employment social security programmes. Data Protection in Indonesia There are numerous laws that relate to data privacy in numerous particular areas although there is no complete data safety regulation in Indonesia. Indonesian legal students usually refer to Article 28 of the 1945 Constitution as the basis for extra specific information privacy legislation. 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 safety of private data. ESDM Regulation 42 and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources printed Regulation No. forty two of 2017 (Reg. 42). 42 apply to upstream and downstream oil and fuel firms, IUPTL holders and IPB holders.

Legal Update

Currently, Tedy is a commissioner to a non-public firm and the President Director of other companies. With such work experiences, Tedy is responsible in handling various business and investment points, including licensing and employment points. Food Export Regulations and Licenses in Indonesia Food export actions in Indonesia could be carried out by individuals, institutions and enterprise entities. This legal update supplies a comprehensive overview of the totally different classifications for export goods, as well as related licensing procedures and laws.

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BKPM Stops Issuing Licenses On 21st 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 will transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a new listing rule for shares and equity-type securities. The new rule supplies new necessities for listing on the IDX and clarifies a quantity of gadgets that aren’t clearly regulated beneath the old rule. New Developments in Indonesian Immigration Policy On September eleven, 2020, the Indonesian Government enacted a model new regulation that introduces a number of modifications to the immigration regime that have an result on foreigners, Indonesians and the procurement of journey documents. Sign-up to comply with matters, sectors, people and additionally have the choice to obtain a weekly update of lastest information throughout your areas of interest.

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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 within the subject of building in Indonesia. A Look at Indonesian Bankruptcy Law Law No. 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations units forth the requirements for submitting a chapter petition. The essential requirement is that there must be two or extra creditors and a minimum of one mature but unpaid debt for a chapter motion to be initiated towards a debtor. What You Need to Know about Indonesia’s New Tax Amnesty Law The Indonesian Government just 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 properly as providing no-examination of tax crimes. Downsizing in Indonesia There has been considerable confusion about whether employers in Indonesia are allowed to downsize part of their workforce for efficiency reasons.

Evolution of the whole variety of citations and journal’s self-citations obtained by a journal’s printed paperwork in the course of the three earlier years. All types of documents are thought-about, including citable and non citable documents. It has the potential to be some of the vital legislative developments lately. Please click right here to read about how we process your data in compliance with the General Data Protection Regulation . Submission is always openManuscript Processing Charges- We charge for manuscript processing from authors.

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

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