SSEK Legal Consultants partner Syahdan Z. Aziz and Bima Danubrata Adhijoso, an associate at the firm, led a recent webinar on FDI and Indonesia’s New Investment List – Opportunity Knocks for Business.
The event was organized and presented with the Indonesia Canada Chamber of Commerce (ICCC).
Syahdan and Bima discussed Indonesia’s New Investment List, under Presidential Regulation No. 10 of 2021, as amended by Presidential Regulation No. 49 of 2021, an implementing regulation for the Omnibus Law.
In particular, they discussed priority lines of business and available fiscal and non-fiscal facilities; business lines still subject to foreign ownership limitations or special permits; risk-based licensing, the Online Single Submission (OSS) system and capital requirements; and FDI trends and developments under the New Investment List.