Ownership of Apartment Units (Satuan Rumah Susun) on Lands with The Right of Building (Hak Guna Bangunan) By The Representatives of Foreign Countries in Indonesia
The Government Regulation of the Republic of Indonesia No. 18 of 2021 (GR No. 18/2021) in its Article 67 paragraph (1) regulates that, among others, (i) Foreigners [1] who hold permits in accordance with the statutory laws and regulations; and (ii) the representatives of foreign countries (perwakilan negara asing) in Indonesia, may be granted with […]
Obligation To Submit Annual Report For Limited Liability Companies
The Minister of Law has issued Minister of Law Regulation No. 49 of 2025, under which the Board of Directors of a limited liability company (“PT”) is required to submit the annual report that has been approved by the General Meeting of Shareholders (“GMS”) to the Minister of Law as part of the company’s compliance […]
Amendments To The Indonesian Standard Industrial Classification (KBLI)
Central Bureau of Statistics (Badan Pusat Statistik/“BPS”) has issued BPS Regulation Number 7 of 2025 (“BPS Regulation 7/2025”). Under this regulation, every company is required to align its business activities (KBLI codes) with the latest KBLI (KBLI 2025) no later than six (6) months from 18 December 2025 (date of enactment of BPS Regulation 7/2025). […]
Deregulation in Capital Investment Licensing and Non-Licensing Process
The Indonesian Capital Investment Coordinating Board (“BKPM”) has issued a new regulation in Regulation of the Head of Capital Investment Coordinating Board Number 5 of 2013 concerning Guidelines and Procedures for Capital Investment Licensing and Non-Licensing Services (“Perka BKPM No.5/2013”) replacing the previous, Regulation of the Head of the Capital Investment Coordinating Board Number 12 […]
Changes to the Limited Liability Company Law in the Omnibus Law
Law No.11 of 2020 concerning Job Creation or also known as the Omnibus Law was ratified and promulgated on 2 November 2020 (“UU 11/2020”). Law 11/2020 has amended several laws at once. One of the laws amended in Law 11/2020 is Law No.40 of 2007 concerning Limited Liability Companies (“UUPT”). There are several provisions in […]
Mandatory SNI Certificate for Electronic Households
Legal Bulletin | 17 April 2025 Overview On 17 January 2025, the government of the Republic of Indonesia, through the Ministry of Industry, issued Regulation of the Minister of Industry Regulation No. 7 of 2025 concerning the Mandatory Enforcement of Indonesian National Standards for Electronic Households (“MoI Reg. 7/2025”) which primarily requires to adopt the Indonesian National Standards (Standar […]