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IMPORT IDENTIFICATION NUMBERS REGULATIONS

The Minister of Trade (“MOT”) Regulation No. 70/M-DAG/PER/9/2015 on Import Identification Numbers (“API”), issued in September 2015 (“MOT Reg 70/2015”)

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FOREIGNERS TO HOLD PROPERTY IN INDONESIA

The rising number of foreigners working in Indonesia, as a consequence of the ASEAN Economic Community, has prompted the Indonesian Government to re-regulate the status of foreign ownership of property in Indonesia.

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NEW GOVERNMENT REGULATION ON SALARIES

Twelve years after the issuance of Law No. 13 of 2003 on Manpower (“Manpower Law”), the Government of Indonesia finally issued its new regulation on Salaries, Government Regulation No. 78 of 2015 on Salaries (“GR 78/2015”), which is the implementation of Article 97 of the Manpower Law.

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NEW REGULATION ON INDUSTRIAL BUSINESS LICENSES

In December 2015, the Government of Indonesia issued Government Regulation No. 107 of 2015 on Industrial Business Licenses (“IUI”) (“PP 107/2015”).

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THE DRAFT E-COMMERCES REGULATION TO BE ISSUED IN 2016

The highly anticipated draft e-commerce regulation has been expected to be issued since mid-2015 according to the Minister of Trade (“MOT”), and since then becomes the object of major discussion and debate from stakeholders.

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