Bill on Stamp Duty
This advisory contrasts the Bill on Stamp Duty to Law 13 of 1985. The comparison groups the paragraphs into the documents on which stamp duty must be paid and those on which it does not. Before the enactment of this Bill, what are the most interesting things about the Bill you would like to learn more about? Co-authored by Reagan Roy and Rahayu Ningsih Hoed, please enjoy the complete read by clicking the download button below.
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The Newly Issued Procedure for the Settlement of Discrepancy in Spatial Areas
As mandated by Law No. 11 of 2020 on Job Creation (the “Omnibus Law”) and to settle spatial utilization discrepancy issues, Government Regulation No. 43 of 2021 on The Settlement of Discrepancies between Spatial Plans, Forestry Areas, Permits and/or Land Rights (“GR 43/2021”) was issued on 2 February 2021. GR 43/2021, as the implementing regulation of Article 17.2 of the Omnibus Law, provides the procedure for the settlement of discrepancies related to spatial plans. In this advisory, we explain some of the notable provisions provided by GR 43/2021.
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Indonesia’s Competition Authority Takes SME Partnership Supervision to a New Level
The year 2022 marks a historic era for Indonesia’s Business Competition Authority (“KPPU”) as it is the year KPPU ruling on Partnerships involving Small Medium Enterprises (“SME”)’s passed.
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The New Indonesian Umbrella Regulation on Payment Systems: Key Points that Foreign Investors Should be Aware of
On 30 December 2020, Bank Indonesia issued Bank Indonesia Regulation No. 22/23/PBI/2020 of 2020 on Payment Systems (“Payment Systems Regulation”). The Payment Systems Regulation is intended to serve as an “umbrella” regulation that provides a regulatory framework for the Indonesian payment systems industry. This regulation will come into force on 1 July 2021.
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INDONESIA'S M&A NOTIFICATION REGIME
Over a decade has now passed since the passage of Indonesia’s Anti-Monopoly Law (“AML”) in 1999.
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