Posts by adminbpl
No Longer Based on DNI, the Business Sector With 100% Foreign Ownership Is Expanded
No Longer Based on DNI, the Business Sector With 100% Foreign Ownership Is Expanded All forms of business activities are open to investment, except for the six business sectors and activities that can only be carried out by the government. Indonesia as a developing country certainly needs foreign investment as one of the driving forces…
Read More5 Important Points About Compensation Money for Fixed-Term Employment Contract (PKWT) Workers
5 Important Points About Compensation Money for Fixed-Term Employment Contract (PKWT) Workers Companies must allocate costs to pay compensation money for PKWT workers. The compensation for PKWT workers is based on Government Regulation Number 35 of 2021 as an implementation of the Job Creation Law. At the end of last year, the government enacted the…
Read More3 Important Steps in the Procedure for Changing PMA Companies to PMDN
3 Important Steps in the Procedure for Changing PMA Companies to PMDN The departure of foreign investors from the company structure, of course, impacting the adjustment of the company legality. Pay attention to the procedure so that errors do not occur in the process. The intricacies of investment development in Indonesia are very diverse. The…
Read MoreTwo Schemes of Cooperation with Investors To Develop Your Business
Two Schemes of Cooperation with Investors To Develop Your Business Both methods are closely related to the legality and legal compliance aspects of the company which must be maintained. The Covid 19 pandemic has caused business actors to rethink their business strategies. The different business strategies causes Business Actors to require funding from other parties…
Read More4 Misconceptions Regarding the Establishment of a PMA Company in Indonesia
4 Misconceptions Regarding the Establishment of a PMA Company in Indonesia Indonesia is one of the countries in Southeast Asia that has the potential for natural resources and a well-developed economic climate. Besides, the Indonesian government keeps trying to make the access to investment development easier by issuing many laws and regulations related to simplifying…
Read MoreCan a Third Party Failing a Motion to Intervene in an Arbitration Dispute?
Can a Third Party Failing a Motion to Intervene in an Arbitration Dispute? “The examination of disputes by the Arbitrator or the Arbitral Tribunal is carried out in private so that it can only be known by the Arbitrator and the Parties to the Disputes. However, the Third Party May Filing a Motion to Intervene…
Read MoreImportant Note on the Terms of Use of Foreign Workers for Start-ups According To the Job Creation Law
Important Note on the Terms of Use of Foreign Workers for Start-ups According To the Job Creation Law Important Note on the Terms of Use of Foreign Workers for Start-ups According To the Job Creation Law Although the responsibility of digital start-up companies regarding the terms of use of expatriate is not directly mentioned, the…
Read MoreIs a Nominee Arrangement Regarding Company Shares Ownership Allowed in Indonesia?
Is a Nominee Arrangement Regarding Company Shares Ownership Allowed in Indonesia? In March 2020, Budi and Frans want to establish a foreign investment company (PT PMA) to run a potato cultivation business. Budi is an Indonesian citizen., while Frans is a Chinese citizen who has lived in Indonesia for a long time. They plan to…
Read MoreThings Foreigners with Telex Visas Need to Know during Covid-19 Pandemic in Indonesia
Things Foreigners with Telex Visas Need to Know during Covid-19 Pandemic in Indonesia Covid-19 outbreaks have urged the Indonesian Government to implement some policies to prevent worse situations. One of the major issues to regulate is the movement of foreigners. On 2 April 2020, the Ministry of Law and Human Rights Regulation Number 11 of…
Read MoreCompanies Must Know The Provisions of The Transfer of Employee To Other Companies In One Company Group
Companies Must Know The Provisions of The Transfer of Employee To Other Companies In One Company Group “The company may not arbitrarily transfer employees to other companies, this cause a change in the status of the employer, employment relations and legal relations basis” Limited company can establish a subsidiary or subsidiaries to execute the Parent…
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