Posts Tagged ‘Investment’

SSEK Deal News

Indonesia: What Licenses Can Still Be Processed at BKPM Post-OSS?

With the introduction of the Online Single Submission (OSS) system, as regulated under Government Regulation Number 24 of 2018 on Integrated Business Licensing Services through Electronic System (GR 24/2018), the issuance and supervision of a significant portion of capital investment licensing has been transferred from the Capital Investment Coordinating Board (BKPM) and several other government [...]

SSEK Deal News

Indonesia Looks to Simplify Business Licensing With OSS System

By Raoul Aldy Muskitta As part of the push by the administration of President Joko Widodo to improve the ease of doing business in Indonesia and increase investment, the government has issued Government Regulation Number 24 of 2018 regarding Online Business Licensing Services (GR 24), which was signed and came into effect on June 21, [...]

Map of Indonesia

Belt and Road: Indonesia

By Michael S. Carl and Charvia Tjhai Indonesia has the largest economy in Southeast Asia, predicted to be the fifth-largest economy in the world by 2030, and is the fourth-most populous country in the world, with a young, energetic workforce and a large and growing middle class. Indonesia has made deregulating its economy a focus [...]

Handshake

Franchise Agreements in Indonesia

A franchise, under Indonesian regulations, is defined as a special right owned by an individual or a legal entity to a unique business system that has proven successful in selling goods and/or services, and can be used by another party based on a Franchise Agreement. Franchise Agreement A franchisor in Indonesia must deliver a draft [...]

Fahrul Yusuf

SSEK Partner Fahrul Yusuf Speaks to ALB about Investment and the Indonesian Tech Sector

SSEK partner Fahrul S. Yusuf spoke with Asian Legal Business about venture capital and Indonesia’s technology sector for an article, “Unicorn Nation,” that appears in the May 2018 issue of ALB. Fahrul noted that the rapid growth in Indonesia’s technology sector, and with it the corresponding surge in the number of technology sector clients, started [...]

SSEK-ICCA Seminar

SSEK Hosts Seminar with Indonesian Corporate Counsel Association

SSEK Legal Consultants welcomed members of the Indonesian Corporate Counsel Association (ICCA) on Wednesday, May 9 for a seminar and discussions on a number of legal topics. SSEK partners Dewi Savitri Reni and Fransiscus Rodyanto gave presentations and led discussions on confidentiality agreements, Indonesia’s new beneficial ownership regulation and other recent legal developments.

Halal Food

Questions Remain Around Halal Certification Compliance in Indonesia

By Winnie Y. Rolindrawan and Alvin Saptamandra Suryohadiprojo The Indonesian government issued Law No. 33 of 2014 concerning Halal Product Assurance (the “Halal Law”) in 2014. This was seen as an important piece of legislation, considering that Indonesia is home to the world’s largest Muslim population and halal refers to what is permissible under Islamic [...]

Fransiscus Rodyanto

SSEK Partner Fransiscus Rodyanto Speaks about New Indonesian Regulation on Beneficial Ownership

SSEK partner Fransiscus Rodyanto was quoted extensively in an article by International Financial Law Review (IFLR), a leading online and print financial law publication, on Indonesia’s new regulation on beneficial ownership. Indonesia’s president recently issued Presidential Regulation No. 13 of 2018 regarding the Implementation of the Principle on Recognizing Beneficial Ownership of Corporations in the [...]

Denny Rahmansyah

SSEK Assists on Acquisition of Luxury Resort in Bali

SSEK Indonesian Legal Consultants has assisted Minor International, one of the largest hospitality and leisure companies in the Asia-Pacific region, and Anantara Vacation Club on the acquisition of a luxury resort in Bali, Indonesia’s premier tourist destination. Anantara Vacation Club, one of Minor International’s brands and a leader in Asia’s shared vacation ownership industry, acquired [...]

Michael Carl

SSEK Adviser Speaks to Chinese Companies about Investing in Indonesia

Michael S. Carl, an international legal adviser, at SSEK Indonesian Consultants, was a featured speaker at a recent conference in China, where he discussed foreign investment in Indonesia. His presentation, “Indonesia: Navigating the Legal Landscape for Chinese Investors,” touched on issues including establishing a business and legal presence in Indonesia, land ownership by foreign investors [...]