FEATURED
LATEST UPDATES
Bank Indonesia Regulation No. 24/6/PBI/2022: Policy on the Use of Rupiah in International Activities
In order to achieve and maintain the stability of the Rupiah value and the stability of the financial system, as well as to prevent and reduce risks in the monetary sector, Bank Indonesia has issued and ratified Bank Indonesia Regulation No. 24/6/PBI/2022 regarding Policy on the Use of Rupiah in International Activities.
Level 1 PPKM in the Jakarta and Surrounding Areas
To accommodate the needs of the community, especially in the business sector, the Government of Indonesia has issued the Minister of Trade Regulation No. 25 of 2022 concerning Amendments to the Minister of Trade No. 20 of 2021 concerning Import Policy and Regulations (“MoT Reg 25/2022”).
Minister of Trade Regulation No. 25 of 2022: Newest Import Policies
To accommodate the needs of the community, especially in the business sector, the Government of Indonesia has issued the Minister of Trade Regulation No. 25 of 2022 concerning Amendments to the Minister of Trade No. 20 of 2021 concerning Import Policy and Regulations (“MoT Reg 25/2022”).
Madrid Protocol as a Form of Protection of Trademark Internationally
By registering a trademark using the Madrid Protocol, the registered trademark is protected worldwide. In addition, Madrid Protocol also has a simple, fast, and cost-effective procedure.
Issuance of Presidential Regulation Number 13 of 2022 concerning the Implementation of Security, Safety, and Law Enforcement in Indonesian Territorial Waters
This ARMA Update will discuss the development of regulations regarding the implementation of law enforcement in Indonesian territorial waters and provide a clear picture of the law enforcement mechanisms in the Archipelago Sea of Indonesia and the impact on the existence of other marine law enforcement agencies.
Permenkumham 6 Tahun 2022: Implementation of Apostille Services in Indonesia
The Government of Indonesia further published the Minister of Law and Human Rights Regulation No. 6 of 2022 of Apostille Legalization Services in Public Documents (“MLHR Reg 6/2022”) which regulates the technical instructions of Apostille services in Indonesia, considering Indonesia is one of the countries that participated in ratifying the convention.
Religious Holiday Allowance (THR) to Be Paid in Full
In the regulation concerning THR in 2022, there are significant changes from the previous 2 (two) years. The most notable change is the current provision in which the THR must be paid in full.
[PPN 11 Persen] Prices of Goods Increase as the Impact of Vat Increase by 11%
Starting April 1 2022, the Government of Indonesia has officially increased the rate of Value Added Tax (“VAT”), (Pajak Pertambahan Nilai “PPN) from 10% (ten percent) to 11% (PPN 11 Persen).
Legal Framework of Green Building in Indonesia
This ARMA update will discuss the legal framework of Green Building, including the criteria, rating system, and certification used in assessing a building that meets the environmentally friendly principles in various regulations in Indonesia.