Omnibus Draft Bills to be Submitted to the House of Representatives
Following the discourse of the upcoming omnibus law, the government recently announced that it will submit omnibus draft bills on job creation (“Omnibus Law on Job Creation”) and taxation (“Omnibus Law on Taxation”) to the House of Representatives soon.
Download read moreAn Introduction to the Proposed Omnibus Law
To boost investment and ease of doing business in Indonesia, President Joko Widodo introduced the idea of enacting an Omnibus Law. As the title implies, the Omnibus law, is a single law covering various distinct matters.
Download read moreThe Ministry of Public Works & Housing Revokes The Regulation on Guidelines on Licensing Services for Foreign Construction Business Entities
As part of President Jokowi Widodo’s plan to issue “investment friendly” regulations, the Ministry of Public Works and Housing (“MPW”) revoked MPW Regulation No. 09/PRT/M/2019 on Guidelines on Licensing Services for Foreign Construction Business Entities (“MPW Reg 9/2019”) on 18 November 2019 under MPW Regulation 17/PRT/M/2019 (“MPW Reg 17/2019”).
Download read moreRegulation on Electronic Licensing in the Financial Services Sector
To improve the effectiveness of integrated licensing in the financial services sector, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) introduced an electronic licensing system to integrate all licensing in the financial services sector through OJK Regulation No. 26/ POJK.01/2019 on Electronic Licensing within the Financial Services Sector (“POJK No. 26/2019”), which came into effect on 28 October 2019.
Download read moreNew Regulation on Location Permit
The Minister issued Regulation No. 14 of 2018 on Location Permits (“Regulation 14/2018”), as the first regulation on location permits accommodating the OSS system.
Download read more