AGM Reminder 2017
For those companies who have completed their tax reporting responsibilities for 2016 accounting year, it is time to turn the board’s attention to the Annual General Meeting (“AGM”).
Download read moreINDONESIA'S NEW CONSTRUCTION LAW
On Thursday 15 December 2016 the House of Representatives passed the new Law on Construction Services (“New Construction Law”) that replaces the previous law (“Law No. 18/1999”).
Download read moreNEW REGULATION ON THE PROTECTION OF PERSONAL DATA: KEY PROVISIONS
At the end of 2016, the Minister of Communication and Informatics issued Regulation No. 20 of 2016 on Personal Data Protection within Electronic Systems (“Regulation 20/2016”) to implement Article 15 (3) of Government Regulation No. 82 of 2012 on the Organization of Electronic Systems and Transactions (“GR 82/2012”).
Download read moreDRAFT AMENDMENTS TO THE ITE LAW PASSED
The highly anticipated draft amendment to Law No. 11 of 2008 (“ITE Law”) which was anticipated in 2015, was finally passed by the House of Representatives of the Republic of Indonesia
Download read moreFOREIGN EXCHANGE TRANSACTION AGAINST RUPIAH
In early September, Bank Indonesia issued two Bank Indonesia Regulations regarding foreign exchange transactions against Rupiah: (i) Bank Indonesia Regulation No. 18/18/PBI/2016 on Foreign Exchange Transactions against Rupiah between Banks and Domestic Parties (“PBI 18/18”) and (ii) Bank Indonesia Regulation No. 18/19/PBI/2016 on Foreign Exchange Transactions against Rupiah between Banks and Foreign Parties (“PBI 18/19”). These two Bank Indonesia regulations replace certain Bank Indonesia regulations,
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