Showing 241 - 250 of 333 for "Indonesia" with applied filters
16 August 2022 by
asialaw is pleased to present our awards virtual ceremony...
08 August 2022 by
As many existing foreign private Electronic System Organizers (foreign ESOs) have registered with the Minister of Communication and Informatics (MOCI) to comply with MOCI Regulation No. 5 of 2020 on ESOs in the Private Sector (as amended), this Advisory covers ‘what to do next?’ so that foreign ESOs that have been registered are aware of their key obligations once they are registered with the MOCI.
28 July 2022 by
Under Government Regulation 71 of 2019 on the Implementation of Electronic Systems and Transactions, Electronic System Organizers (“ESO”) are required to be registered with the Ministry of Communication and Informatics (“MOCI”). In addition, under MOCI Regulation 5 of 2020 (as amended by MOCI Regulation 10 of 2021), this registration obligation must be complied with within 6 months of OSS-RBA licensing coming into effect.
13 July 2022 by
In order to provide clarity regarding the tax obligations of financial technology providers and users in Indonesia, Indonesia’s Minister of Finance (“MOF”) issued MOF Regulation No. 69/PMK.03/2022 on the Income Tax and Value Added Tax on the Organization of Financial Technology (“MOF Reg 69/2022”) on 30 March 2022, which came into force on 1 May 2022. This regulation mainly covers Income Tax on Peer-to-Peer and Value Added Tax on financial technology service transactions.
15 June 2022 by
President Joko Widodo has signed Government Regulation No. 23 of 2022 (“GR No. 23/2022”) on Amendments to Government Regulation No. 45 of 2005 on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises. GR No. 23/2022 focuses on amending several provisions of GR No. 45/ 2005, particularly regarding senior officers and employees of State-Owned Enterprises (“BUMN”).
21 February 2022 by
The Ministry of Public Works and Housing (“MPW”) has issued the Circular Letter No. 21/SE/M/2021 on The Procedures for Fulfillment of the Business License Requirements, the Implementation of Construction Work Competence Certification, and the Implementation of Business Entity Certificates and Construction Work Competence Certificates (“Circular Letter”). Previously, the construction licensing is scattered into a few online platforms, such as the MPW’s online portal and Integrated Construction Services Information System (“SIJK”).
26 January 2022 by
Following the issuance of Constitutional Court Ruling No. 15/PUU-XII/2014 dated 11 November 2014, up until now, no clear guidance has been provided on the use of Article 70 of the Arbitration Law (Law No. 30 of 1999) ie, the reasons for which an arbitration award can be annulled. This advisory discusses the recent development in the interpretation of Article 70 of the Arbitration Law by the Indonesian courts.
10 January 2022 by
SSEK Indonesian Legal Consultants is pleased to announce Mahareksha S. Dillon and Nico Mooduto as the firm’s newest partners, effective January 1, 2022.
20 December 2021 by
The shifting within society to utilize non-cash payments in their transactions has flourished for the past couple of years. Especially since the global COVID-19 pandemic took place, the development of digital payment systems by companies that dedicate their effort to provide payment system ecosystems has been thriving.
25 November 2021 by
The development of information technology in the digital era has brought changes in the management and operations of banks. The shifting from the traditional bank concept to the bank of the future is to encourage banking digitalization, among others, by setting-up a digital bank through the new establishment or transformation of an existing bank.