Expertise: E-commerce

SSEK Advises Malaysia’s RII Holdings on Investment in Indonesian Courier and Logistics Industry

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SSEK has advised Malaysian investment holding company RII Holdings Sdn Bhd (RII) on its acquisition of a substantial equity interest in leading Indonesian logistics company PT Pandu Siwi Sentosa (PSS). SSEK assisted RII with drafting and negotiating the transaction documents. RII signed on October 1 the definitive agreements with PSS and its individual shareholders, and … SSEK Advises Malaysia’s RII Holdings on Investment in Indonesian Courier and Logistics Industry

SSEK Looks at E-Commerce in Indonesia in Strategic Review Magazine

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SSEK’s Winnie Y. Rolindrawan wrote the cover story for the new issue of Strategic Review magazine. The story, “Revving up the e-commerce engine,” looks at possible regulatory changes and improvements to help maximize the role of online commerce in Indonesia’s economic development. Winnie Rolindrawan represents multinationals and major domestic firms in a variety of transactions. … SSEK Looks at E-Commerce in Indonesia in Strategic Review Magazine

New Regulation Requires Taxes for E-Commerce Players in Indonesia

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Prompted by the disparity in the tax treatment between traditional retail activities and e-commerce, on December 31, 2018, Indonesia’s Minister of Finance (“MOF”) issued MOF Regulation No. 210/PMK.010/2018 regarding the Tax Treatment of E-Commerce (“MOF Regulation 210”). MOF Regulation 210 purports to provide further clarity with regard to Value Added Tax (“VAT”), luxury goods tax, … New Regulation Requires Taxes for E-Commerce Players in Indonesia