Posts by adminbpl

On August 31, 2015, the Supreme Court (MA) has decided that Loan Agreement between Nine AM Ltd. And PT Bangun Karya Pratama Lestari (KPL) was cancelled because it violated the Law Number 24 of 2009 regarding The State Flag, Language, Emblem and The National Anthem, related to the use of language in contracts with foreign…

Introduction To attract more new investments in pioneer industries in Indonesia, the Minister of Finance recently issued Regulation No. 159/PMK.010/2015 of 2015 on Institutional Income Tax Reduction Facility (Ministerial Regulation No. 159/2015). The Ministerial Regulation No. 159/2015 is effective since 16 August 2015 and repeals Minister of Finance Regulation No. 130/PMK.011/2011 along with its amendment…

As a response to President Jokowi request to simplify foreign workers employment procedure and to remove obligation to be able to speak Indonesian language, the Minister of Manpower issued Regulation No. 16 of 2015 on Procedure to Employ Foreign Workers (“Ministerial Regulation No. 16/2015”) which has been effective since 29 June 2015. Consequently, the Ministerial…

Introduction The Minister of Trade recently issued Regulation No. 48/M-DAG/PER/7/2015 of 2015 on General Provision on Imports (Ministerial Regulation No. 48/2015). The Ministerial Regulation No. 48/2015 will be effective on 1 January 2016 and will also revoked and replace current general provision on imports as stipulated by Minister of Trade Regulation No. 54/M-DAG/PER/10/2009 (Ministerial Regulation…