By Denny Rahmansyah If soil pollution or environmental contamination is already present when the buyer in a real estate transaction in Indonesia becomes the legal owner of the land, it is possible the buyer will be responsible for such pollution or contamination, unless the buyer can prove that it did not cause the pollution or … Indonesia Real Estate Transactions – Soil Pollution or Environmental Contamination
The Indonesian Labor Law provides that each employee shall be entitled to equal treatment from the employer without discrimination. Each employee has the same rights and opportunities to obtain a decent job and livelihood without discrimination by sex, ethnic group, race, religion or political orientation, in accordance with the interests and abilities of the employee, … Labor and Employment Law in Indonesia – Hiring
By Rusmaini Lenggogeni Pursuant to the provisions set out in the Indonesian Company Law, the Board of Directors (BOD), Board of Commissioners (BOC) and shareholders of companies in Indonesia have separate duties and functions. The members of the BOD are the day-to-day operating officers of the company. The Company Law gives the BOD the right … Corporate Governance in Indonesia – Types of Decisions Made by Governing Bodies
On August 18, 2019, Indonesian President Joko Widodo enacted Presidential Regulation No. 55 of 2019 regarding the Acceleration of Battery Electric Vehicle Programs for Road Transportation (“PR 55/2019“). This regulation is intended to outline the measures that will be taken by the Indonesian government to promote and accelerate the implementation of various battery electric vehicle … Indonesia Looks to Accelerate Battery Electric Vehicle Program
The Indonesian House of Representatives (Dewan Perwakilan Rakyat or “DPR“) has been considering revisions to the country’s Criminal Code. Some of the proposed changes could have a significant impact on companies in Indonesia. One of the biggest changes in the draft Criminal Code (Rancangan Kitab Undang-Undang Hukum Pidana or “RKUHP“) would be to recognize corporations … Draft of New Indonesian Criminal Code and the Potential Impact on Corporations
By Fransiscus Rodyanto and Bima Danubrata Adhijoso A recently published surveyor report (laporan surveryor) on Indonesian coal exports noted that as of March 2019, of 1,095 coal shipments in 2019 only 9% were insured under a national insurance company. This number is alarming for both the Government and coal exporters in Indonesia, given that just … Does National Insurance Requirement Mean Rough Seas for Coal Shipments?
The formation process of a limited liability company (PT) in Indonesia is as follows: Reserving the name of the PT with the Ministry of Law and Human Rights (MOLHR). This is usually handled by a notary. The name of the PT must be in Indonesian. Other statutory requirements are set out in Government Regulation No. … Establishing a Business in Indonesia – Forming a Private Company
Indonesia’s Electronic Information Law, Government Regulation 82 regarding the Implementation of Electronic Systems and Transactions, and MOCI Regulation 20 regarding the Protection of Personal Data in Electronic Systems (jointly referred to as the PDP Regulations) do not provide a specific definition of sensitive data, and consequently no special issues apply. There are, however, several laws … Data Protection and Cybersecurity in Indonesia: Sensitive Data
Limited liability companies in Indonesia are being required to amend Article 3 of their Articles of Association (AoA) so their purpose, objectives and business activities conform to the 2017 Standard Indonesian Business Field Classifications (KBLI) used as a reference by the BKPM, as the agency overseeing the Online Single Submission (OSS) system. The Indonesian Ministry … Deadline Looming for Companies in Indonesia to Amend Articles of Association
By Denny Rahmansyah Indonesian law is silent as to the warranties that should be given in a real estate sale transaction, by both the seller and the buyer. Representations and warranties, as well as the buyer\'s remedies for the seller\'s misrepresentation, in a real estate sale transaction shall be freely agreed between the seller and … Representations and Warranties in an Indonesian Real Estate Sale Transaction
