Jakarta, 12 December 2024 – ADCO Law is honored to announce its recognition as a winner of the prestigious Indonesia Pro Bono Awards 2024 in the category of Law Firms with the Highest Ratio of Pro Bono Advocates > 30 Fee Earners. This award, presented by Hukumonline, acknowledges law firms that have made significant contributions…
In the realm of law, dispute resolution does not always have to go through complicated and time-consuming court procedures or litigation. There is also a more flexible and amicable alternative known as Alternative Dispute Resolution (“ADR”). ADR offers faster, more efficient and effective solution for resolving disputes outside the conventional court systems. What is Alternative…
On 20 May 2024, the Indonesian government introduced Regulation Number 21 of 2024 (“GR 21/2024”), an amendment to existing Regulation Number 25 of 2020 regarding the implementation of public housing savings, known as Tabungan Perumahan Rakyat (“Tapera”). The program mandates contributions to Tapera for all workers, including those in private enterprises and self-employed individuals, leading…
In the quest for justice, decisions made by judges play a pivotal role. However, errors in decision making are not uncommon. To rectify such errors and uphold justice, the Indonesian judicial system allows for the re-examination of court rulings through legal remedies. One such remedy is cassation, which holds significance in ensuring the integrity of…
Dear Readers, In the intricate tapestry of global commerce, each country crafts its own unique set of regulations and practices, thereby shaping the employment and investment landscape within its borders. For investors traversing these diverse jurisdictions, navigating the labyrinthine corridors of legal frameworks and cultural nuances becomes imperative for success. ADCO Law recognizes that a…
Indonesia has strengthened its arbitration framework with Supreme Court Regulation No. 3 of 2023, or PERMA 3/2023. This is a response to the need for efficient dispute resolution in today’s rapidly evolving commercial landscape. PERMA 3/2023 expands the jurisdiction for enforcing international arbitral awards, clarifies the definition of “public policy,” and facilitates electronic registration and…
What is Insurance? In general, insurance is a contractual arrangement between an individual or entity (the insured) and an insurance company (the insurer), whereby the insured pays a premium in exchange for financial protection against specified risks. Similarly, in Indonesia, Law Number 40 of 2014 concerning Insurance defines insurance as an agreement between an insurance…
Understanding Religious Holiday Allowances Over quite many years, the Indonesian government has mandated that employers provide religious holiday allowances (Tunjangan Hari Raya – “THR”) to their employees based on their respective religions. The compulsory provision of religious holiday allowances is outlined in several regulations concerning employment matters, including Law Number 13 of 2003 concerning Employment,…
In today’s ever-increasing digitalization era, all businesses across sectors must adapt to the challenges of this digital landscape to become more competitive and efficient. Procurement of products and services, as one of the entry points into business competition in government and private projects, contributes to the adoption of digitalization to ensure smooth and efficient procurement…
Indonesia’s employment landscape is marked by a dynamic interplay of socio-economic factors, where social security and employee welfare emerge as pivotal elements. Social security essentially refers to protective measures provided by the state to ensure the well-being of its workforce, encompassing aspects such as health insurance, retirement benefits and workplace safety. Concurrently, employee welfare delves…
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