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TIME BAR FOR EXAMINING A CIVIL CASE IN THE INDONESIAN DISTRICT AND HIGH COURTS

The Supreme Court of the Republic of Indonesia has issued Circular Letter No.2 of 2014 regarding Case Settlement in the Court of First Instance and Appeals in 4 (four) Justice Fields

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NEW PROCEDURES FOR ESTABLISHING FOUNDATIONS

New Procedures for Establishing Foundations On 26 March 2014, the Minister of Law and Human Rights (“Minister”) issued Regulation No. 5 of 2014 on Validation of Foundations (“Regulation”).

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NEW LUXURY TAX TARIFFS

On 19 March 2014, the government issued Regulation No.22 of 2014 on Amendments to Government Regulation No.41 of 2014 on Tax on Motor Vehicles which are subject to Luxury Tax

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JAKARTA MINIMUM WAGE 2014

In 2014, the Governor of Jakarta issued updates on the Jakarta Minimum Wage through Regulation No.54 of 2014 and Regulation No.62 of 2014 on the Minimum Sectoral Wage in the Province for 2014.

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OJK EXPANDS FINANCIAL SERVICES’ CONSUMER PROTECTION REGULATION

The Financial Services Authority (“OJK”) recently issued Circular Letter No. 2/SEOJK.07/2014 on Services and the Settlement of Complaints from Consumers of Financial Service Businesses (“Circular Letter”)

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