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Business Licensing and Investment Facilities in Ibu Kota Negara Nusantara (Nusantara Capital)
This ARMA update will discuss the main points on GR 12/2023, such as (i) business licensing in IKN; (ii) ease of business in IKN; and (iii) investment facility in IKN.
Equity Financing in the Film Production
One way of financing a film production is through equity investment, which allows investors to invest their money in exchange for partial ownership of the movie. In this article, we will discuss equity financing in film production in Indonesia, the benefits and risks of this financing model, and the common pitfalls that producers need to be aware of…
Understanding the Legal Aspects of Green Bonds in Indonesia
This ARMA Update will further discuss Indonesia’s green bond legal framework, including business activities categorized as environmentally friendly projects, funding flow of green bonds, and incentives for green bonds issuance.
TMT Update: Minister of Communication and Information Technology Regulation No. 11 of 2022: Updated Provisions on the Implementation of Electronic Certification
In 2019, the Indonesian Government enacted Government Regulation Number 71 of 2019 regarding the Organization of Electronic Systems and Transactions (“GR 71/2019”). One of the provisions in GR 71/2019 is that Electronic Certification Providers are obliged to obtain an assessment from a certification body accredited by Certification Provider…
Work For Hire Principle as an Avoidance of the Reversion of Copyright Ownership in Indonesia
Copyright law is a critical aspect of intellectual property protection in Indonesia. Indonesia's copyright laws have undergone significant changes in recent years, and it is crucial for businesses operating in the film and music industries to understand the Work for Hire principles and its practical usage to avoid…
Permenhub 4 Tahun 2023: Improving Safety in Navigating at Sea through a Comprehensive Regulation on Shipping Telecommunication
One of the main aspects in marine navigation includes shipping-telecommunication, which holds an important role in ensuring the safety of navigating in seas since it serves as a medium to conduct ship-to-ship and ship-to-shore communication during shipping, hence, a thorough regulation regarding shipping-telecommunication is crucial.
[Permenaker No 4 Tahun 2022] Key Updates on the Requirements for Old-Age Benefit Program (Jaminan Hari Tua – JHT)
With the existence of industrial relations dynamic and aspirations that develop in society, it has been deemed necessary to make adjustments on the policy for labor protection in the field of social security for employment, one of which is the Old-Age Benefit Program (Jaminan Hari Tua – JHT)…
[Permenkumham No 10 Tahun 2023] Immigration Procedure for Children with Dual Citizenship Status Now Online
In the matter of citizenship, Indonesia is one of among many countries which does not recognize multiple citizenship. However, Indonesia implements the principle of limited dual citizenship status. This is reflected on the Article 6 of Law Number 12 of 2006 regarding Citizenship of the Republic of Indonesia (“Citizenship Law”) which states that it is possible for a child to have a dual citizenship until the age of 18 years old or their marriage…
[Permenaker No. 5 Tahun 2023] Adjustments To Working Hours and Wages for Certain Export-Oriented Industrial Companies Affected by Global Economic Changes
With the recent global economic changes, it is no surprise that most Indonesian companies suffer setbacks in maintaining their business activities. Such changes are sure to affect many industrial companies, especially…