Reminder - Requirement in The OSS System for Companies to Adjust their Business Classification Code (KBLI)
On 11 October 2018, the Coordinating Ministry for Economic Affairs issued a joint notice in their websites requiring limited liability companies to adjust their Business Entity Numbers (Nomor Induk Berusaha –“NIB”) to the 2017 KBLI.
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Regulatory Sandbox of OJK
On 15 August 2018, the Financial Services Authority (Otoritas Jasa Keuangan/OJK) of Indonesia issued a new regulation on financial digital innovation in financial services (“POJK 13/POJK.02/2018”). This is a regulatory sandbox version of the OJK.
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Indonesia Strengthens Patent Law with New Amendments
Issue 18, November 2024 | Indonesia’s Patent Law has been updated to boost IP protections in line with international standards. Key changes include expanded invention definitions, a longer grace period, new rules for traditional knowledge, and annual reporting for patent holders.
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Overview of Private Investment to Indonesia’s New Capital City: Ibu Kota Nusantara (IKN)
Issue 5, March 2023 | This advisory provides an overview of the funding schemes and private sector participation in the development of IKN.
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Interim Relief under Cape Town Convention
Several legal issues are left unresolved by the Aviation Law which affects its enforceability in practice.
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