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”).
Download read moreNEW 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
Download read moreJAKARTA 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.
Download read moreOJK 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”)
Download read moreTHE NEW NEGATIVE INVESTMENT LIST
Presidential Regulation No. 39 of 2014 on The List of Business Fields that are Closed or Conditionally Open for Investment (the Negative Investment List/daftar Negatif Investasi (DNI)/“Negative List”) was issued recently and became effective on 24 April 2014.
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