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Update on the Terms of Domestic Non-Deliverable Forward Transactions Under Indonesian Law

Bank Indonesia recently updated its regulation on domestic non-deliverable forward (DNDF) transactions.

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Registered Foreign Electronic System Organizers in Indonesia. What to do next?

Key obligations for foreign ESOs once they are registered with the Minister of Communication and Informatics (MOCI) to comply with MOCI Regulation No. 5 of 2020 on ESOs in the Private Sector (as amended).

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Update on the Registration Obligation of Private Electronic System Organizers

Registration deadline for Private Electronic System Organizers (both domestic and foreign) are approaching fast ! Minister of Communication and Information (MOCI) has issued Circular Letter No. 3 of 2020 under which the deadline is set on 20 July 2022.

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Regulation on The Taxation of Financial Technology Implementation Services

Indonesia’s Minister of Finance (“MOF”) issued MOF Regulation No. 69/PMK.03/2022 on the Income Tax and Value Added Tax on the Organization of Financial Technology (“MOF Reg 69/2022”) on 30 March 2022.

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Amendments on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises

On June 8, 2022, President Joko Widodo signed Government Regulation No. 23 of 2022 (“GR No. 23/2022”) on Amendments to Government Regulation No. 45 of 2005 (“GR No. 45/2005”) on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises. GR No. 23/2022 amends several provisions of GR No. 45/ 2005.

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