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 […]

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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 […]

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