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Disputes associated to real property are treated in an analogous method as another dispute in Indonesia. Guide to Benefits in Indonesia In 2011, the Indonesian authorities reformed its National Social Security System and handed Law No. 24 on the Social Security Organising Body to assist meet the essential needs of the country’s population. Companies in Indonesia are required to register staff in the Indonesian government’s employment social safety programmes. 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 non-public knowledge. Data Categorization for Electronic System Operators Providing Public Services The MOCI has issued a draft modification to Government Regulation No. eighty two of 2012 which requires digital system operators providing public services to have onshore knowledge facilities and disaster recovery facilities.

  • Disputes associated to actual estate are handled in a similar manner as some other dispute in Indonesia.
  • SCLS desires you to remember that if you click on on links, which take you to third-party web sites, you will be subject to such third-party privateness insurance policies.
  • The General Department of Taxation (“GDT”) issued Notification no. 776 GDT on the seventeenth of January 2022 (“Notification 776”) which delays the implementation of Prakas 542 MEF.P on the Rules and Procedure for the Implementation of VAT on E-Commerce (“Prakas 542”) to 31 March 2022.
  • New Developments in Indonesian Immigration Policy On September 11, 2020, the Indonesian Government enacted a model new regulation that introduces several modifications to the immigration regime that have an effect on foreigners, Indonesians and the procurement of travel paperwork.
  • Five SSEK partners and foreign legal advisors wererecognized as Leading Individuals across five practice areas.

The authorities took the first steps on this path with Minister of Energy and Mineral Resources Regulation No. 27 of 2013. Indonesia, ASEAN and Investment – A Q&A With increased curiosity in Indonesia and the upcoming completion of the ASEAN Economic Community, overseas investors are on the lookout for a means to do enterprise in Indonesia. SSEK discusses the revised Negative Investment List, the impression of the ASEAN Free Trade Area on Indonesia and Bilateral Investment Treaties.

Better Work Haiti: Eighth Biannual Compliance Synthesis Report

Protection of Privacy in Indonesia Article 28 is considered the idea for more specific knowledge privateness legislation. However, there is no specific law in Indonesia that regulates respect for private and family life. As of the time of this writing, probably the most relevant rules for the safety of privateness are related to personal knowledge protection. [newline]Our specialist employment attorneys discuss the most recent legal developments and employment issues.

Legal Update

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Better Factories Cambodia Transparency Database Report, Thirteenth Cycle January

Downsizing in Indonesia There has been considerable confusion about whether or not employers in Indonesia are allowed to downsize part of their workforce for efficiency reasons. Law No. thirteen of 2003 regarding Employment permits an organization to terminate staff when closing the company for efficiency reasons. Key Features of the Draft New Law on the Supervision of Food and Drugs The Indonesian authorities is presently discussing the Draft Law on Food and Drugs Supervision, which incorporates a complete of one hundred and five Articles setting out a comprehensive association of provisions related to the supervision of food and medicines.

Asic Proclaims Adjustments To Regulatory Activities Because Of Covid

New Negative Investment List Introduces Changes to Health Investment in Indonesia The Indonesian Government has launched the long-awaited New Negative Investment List, issued beneath Presidential Regulation No. 39 of 2014. Among the most important changes from previous regulations is an increase in most overseas ownership levels in a number of key industries, together with the well being sector. OJK Revokes Stimulus Package for Insurance Companies and Pension Funds On thirty first August 2015, the Financial Services Authority issued a quantity of circular letters as a stimulus policy package to minimise the detrimental results of unstable global monetary circumstances on the insurance and pension fund enterprise sector. Data Protection in Indonesia There are numerous legal guidelines that relate to knowledge privacy in a number of particular areas although there is no complete information safety legislation in Indonesia. Indonesian legal scholars often discuss with Article 28 of the 1945 Constitution as the basis for more particular data privacy legislation. Government to Approve Corporate Actions within the Indonesian Energy Sector The Indonesian Minister of Energy and Mineral Resources (“MEMR”) has issued MEMR Regulation No. forty two of 2017 which goals to improve the supervision of enterprise entities in the energy and mineral sources sector partly by closing regulatory gaps.

Mandatory Use of Rupiah in Indonesia Indonesia’s central bank, Bank Indonesia, lately issued BI Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of the Rupiah throughout the Republic of Indonesia, which restricts the use of international currency in domestic transactions conducted within Indonesian territory. New Regulation Prohibits Manufacturers from Importing Industrial/Finished Goods As a half of the federal government’s financial deregulation bundle issued on 9th September 2015, the Ministry of Trade has issued another new regulation on imports. This new regulation removes the availability which allowed holders of Producer Importer Identification Numbers to import sure industrial/finished goods.

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