Archive for the ‘Legal Updates’ Category

New Indonesian Import Regulation – API Update

Written by Ira Eddymurthy and Tengku Almira On May 1, 2012, the Minister of Trade (“MOT”) issued MOT Regulation No. 27/M-DAG/PER/5/2012 regarding Importer Identification Numbers (“API”) (“MOT Reg 27”). For a full English translation of MOT Reg 27, click here. For MOT Reg 27 in Bahasa Indonesian, click here. This regulation revokes the previous MOT [...]

Investment

Articles of Association of an Indonesian Company: The More Comprehensive, The Better

Written by Lasmaroha Simbolon Foreign companies continue to mull investment in Indonesia by the establishment of joint venture companies with local Indonesian entrepreneurs. However, foreign and Indonesian parties tend to focus all their time and attention on the creation of hefty joint venture agreements, making sure that nothing is left behind in terms of provisions, [...]

Indonesian Mining Divestment Update – Ministry of Energy and Mineral Resources Publishes Draft Implementing Regulation

Written by Michael S. Carl As previously noted, the Indonesian Government has issued Government Regulation No. 24 of 2012 (“GR 24”) as an implementing regulation of Law No. 4 of 2009 Regarding Minerals and Coal Mining. GR 24 now requires foreign shareholders of Indonesian mining companies holding izin usaha pertambangan (IUPs) to divest 51% of [...]

A Legal Guide to Gas Regulation in Indonesia

Our blog series on the legal issues and regulations concerning the development and investment in Indonesia’s gas sector is now complete. Fitriana Mahiddin and Syahdan Aziz have looked at Law No. 22 of 2001, the changing role of Pertamina, Production Sharing Contracts (PSCs) as well as Government Regulation No. 79 of 2010. All the articles [...]

A Legal Guide to Land & Real Estate in Indonesia

Our blog series on the legal issues regarding investment and the purchase of land and real estate in Indonesia is now complete. Dyah Soewito and Denny Rahmansyah have explored some of the broad issues that investors need to know while structuring their investment, as well as recent developments including the new Condominium Law and the [...]

Business Visa Update in Indonesia

Written by Darrell R. Johnson Visas on Arrival & Business Visas We would like to inform our clients that the Director General of Immigration (“DGI”) has adopted a new unwritten policy that Visas on Arrival (“VOAs”) can now only be used for tourism even though the relevant regulation – still in effect – provides that [...]

A Legal Guide to Gas Regulation in Indonesia: Foreign Investment

This is the fifth post in our Legal Guide to Gas Regulation in Indonesia. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Foreign Investment Upstream oil and gas business can be carried out directly by foreign entities.  Foreign companies may not directly engage in downstream activities, although they may establish [...]

A Legal Guide to Land & Real Estate in Indonesia: Leases

This is the fifth post in our Legal Guide to Land & Real Estate issues in Indonesia. Dyah Soewito and Denny Rahmansyah will address a new topic each week. Leases Indonesian laws and regulations do not stipulate any maximum term for neither a lease of land nor a commercial building lease in Indonesia; the parties [...]

A Legal Guide to Gas Regulation in Indonesia: LNG

This is the fourth post in our Legal Guide to Gas Regulation in Indonesia. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. LNG The broad ownership, organisational and regulatory framework in relation to LNG facilities depends on how the LNG business is carried out. If, under the applicable contractual arrangements, [...]

Mining 3

New Indonesian Mining Divestment Requirements

Written by Darrell R. Johnson and Kharisma Perwiro On February 21, 2012, the Indonesian Government issued Government Regulation No. 24 of 2012 (“GR 24”) which amended Government Regulation No. 23 of 2012 on the Implementation of Coal and Mining Activities. (For a full English Translation of GR 24, click here). GR 24 is the implementing [...]