Minister Of Trade Regulation No 71 Of 2019 Regarding Franchise: Streamlined Franchise Regulations And Franchise Licensing Adjustment With Online Single Submission (Oss) System
The Minister of Trade issued a Minister of Trade Regulation (“MOT”) No 71 of 2019 regarding Franchise on 3 September 2019 (“MOT Reg. 71/2019”) which revokes all previous franchise regulations and presents a compiled and simplified provisions on franchise business in Indonesia. This regulation brings a positive impact for business actors that intend to do franchise business in Indonesia.
The MOT Reg. 71/2019 also adjusts the licensing procedure with respect to the role of OSS in the licensing sphere in Indonesia.
This client update is the property of ARMA Law and intended for providing general information and should not be treated as legal advice, nor shall it be relied upon by any party for any circumstance. ARMA Law has no intention to provide a specific legal advice with regard to this client update.
- October 24, 2019
- ARMA Updates