Prompted by the disparity in the tax treatment between traditional retail activities and e-commerce, Indonesia’s Minister of Finance has issued a regulation to provide further clarity with regard to the tax treatment of e-commerce business players.
SSEK partners Rusmaini Lenggogeni and Syahdan Z. Aziz will be featured speakers at the APAC HR Employment Law Congress being held May 6-7 in Singapore. With leading employment lawyers from 11 countries, the congress aims to help organizations strengthen labor compliance practices to better manage overseas workforces and employee-related matters.
Bank Indonesia has issued a regulation on the reporting of foreign exchange activities that introduces several changes from the previous regulation, particularly related to the scope of LLD reports, the submission and correction of reports, and reporting supervision and administrative sanctions.
The Government of Indonesia has issued a regulation, GR 1/2019, that requires foreign exchange export proceeds deriving from natural resources to be deposited in special accounts in Indonesian foreign exchange banks.
SSEK managing partner Denny Rahmansyah is featured in an article on the Indonesian economy and legal market in the new edition of Asian Legal Business (ALB). The article, “Intriguing Indonesia,” looks at the trends over the past 12 months and what we can expect in 2019.
The Indonesian Minister of Communication and Informatics has issued a regulation on the certification of telecommunications equipment and devices following the implementation of one-door licensing through the OSS system and product labelling requirements.