Please find the latest Global Client Newsletter from the Employment Law Alliance (ELA), which includes an article from SSEK on a new Indonesian manpower regulation that changes the rules for foreign workers.
SSEK's Ira A. Eddymurthy and Revaldi N. Wirabuana have written a guide to Doing Business in Indonesia. The guide provides an overview of the legal system in Indonesia, foreign investment, including restrictions, currency regulations and incentives, and business vehicles and their relevant restrictions and liabilities.
Under Indonesia's Anti-Corruption Law, a corporation found guilty of an act of corruption may be required to pay a maximum fine equal to the maximum fine for an individual, plus an additional one-third on top of such fine. Individual members of management may also be held liable for criminal acts of corruption committed by the corporation.