News

June 29, 2020
Obligation to Use National Sea Transportation And National Insurance
The Government of Indonesia has issued regulations related to the obligation to use national vessels for certain commodity export and import activities. The obligation is regulated under Regulation of the Minister of Trade No. 82 of 2017
June 29, 2020
New Procedures for Mining, Business Licenses and Reporting
The Ministry of Energy and Mineral Resources has issued new regulations related to licensing of mineral and coal business activities. It is Ministerial Regulation No. 7 of 2020 on Procedures for Area Granting, Licensing, and Reporting on Mineral and Coal Mining Business Activities (“MR 7/2020”).
June 29, 2020
Incentives for Taxpayers in Indonesia During COVID-19
In an effort to maintain economic stability as a result of Covid-19, the government of the Republic of Indonesia through the Minister of Finance of the Republic of Indonesia has issued regulations regarding incentives for Taxpayers during the Covid-19 pandemic.
June 17, 2020
Employment Termination During the Outbreak
The government has yet to issue regulations with regard to termination of employment specifically during the Covid-19 pandemic. Companies should, therefore, follow the regulations as stipulated under Law Number 13 of 2003 Concerning Manpower.
June 12, 2020
Construction Project Delay: How to Minimize the Risks
Multiple construction projects have been delayed or even canceled – as an impact of the pandemic. Various reasons may cause this issue, such as material and/or workforce shortages, disrupted mobilization, travel restrictions, physical distancing policy, or even suspension of all construction activities.
May 20, 2020
Dendi Adisuryo as One of Indonesia’s Top 100 Lawyers 2020
Following Indonesia’s Rising Stars 2020 award for Rizky Dwinanto (Partner at ADCO Law) and the NexGen Lawyers 2020 for Endah Sulastri (Associate Lawyer at ADCO Law), good news has once again come from our lawyer. Now, it comes from our Managing Partner, Dendi Adisuryo. He has been listed in the A-List: Indonesia's Top 100 Lawyers 2020 by the Asia Business Law Journal.
February 3, 2020
Omnibus Law for Mining Industry in Indonesia
The President of the Republic of Indonesia, Joko Widodo, said that one of the important concerns in his term of office in the 2019-2024 period was to invite the DPR-RI to issue the Omnibus Law. Omnibus Law is expected to be the answer to revising overlapping laws that obstruct investment and business in Indonesia.
December 4, 2019
The First ‘Stepping Stone’ to Accelerate Foreign Investment in Indonesia
At the end of 2019, the government is more vigorous in attracting both domestic and foreign investors to invest in Indonesia. Having previously enacted a ‘tax holiday’ policy package, the government through Presidential Instruction of the Republic of Indonesia Number 7 of 2019 concerning the Acceleration of Ease of Business (Inpres 7/2019) instructs all the ministers/heads of institutions to draft regulations aimed at simplifying business licensing process and providing investment incentives for investors.
July 20, 2019
Do this so that the Composition Plan is not Rejected by Creditors
For companies that are already on the verge of bankruptcy, with debts of billions and even trillions of rupiahs, and financial conditions that are predicted to not make them be healthy, who says there is no hope of operating again?
May 19, 2019
APEC to strengthen regional economic integration
Trade ministers from member economies of the Asia Pacific Economic Cooperation (APEC) are convening in Chile, host of the APEC 2019, to strengthen regional economic integration, against a backdrop of slowing trade growth.

Legal updates

August 11, 2020
Debt Restructuring Agreements through PKPU (2)
By the end of July 2020, OJK had announced that Micro Small Medium Enterprises (“UMKM”) and corporate sectors had received debt restructuring with a total amount of IDR 776 trillion. In such cases, a debtor as a businessman has the freedom to decide whether to settle the dispute through the PKPU or litigation mechanism.
August 11, 2020
Debt Restructuring Agreements through PKPU (1)
From January to June 2020, reportedly, petitions for Suspension of Debt Payment Obligation (“PKPU”) have rapidly increased. The Case Tracking Information System (“SIPP”) of 5 commercial courts in Jakarta, Medan, Semarang, Surabaya, and Makassar has recorded 249 PKPU cases, an increase of  52,76% compared to the previous year with only 163 cases.
August 3, 2020
Dealing With Collection of Bills During COVID-19 Crisis
Given the importance of cash flow at this time, on April 27, 2020, the Indonesian Ministry of Finance issued regulation No.44/PMK.03/2020 of 2020 on Taxation Incentives for Taxpayers Affected by the Coronavirus Pandemic (“MOF Regulation 44/2020”).
July 22, 2020
Moratorium on Indonesian Mining Licenses
Law No. 3 of 2020 concerning amendments to Law No. 4 of 2009 (“the New Mining Law”) has majorly revised various provisions of the Mining Law.
July 21, 2020
4 Constitutional Court Judgments Relevant to Business Matters
In the Indonesian judiciary, the Constitutional Court (Mahkamah Konstitusi) and the Supreme Court (Mahkamah Agung) are two separate judicial bodies that have different functions and powers. These courts have the authority to conduct judicial review.
July 9, 2020
Participations for Public Housing Savings Program – TAPERA
The Indonesian government has issued Government Regulation (PP) Number 25 of 2020 concerning the Public Housing Savings (‘Tabungan Perumahan Rakyat/Tapera) program as an implementation of Law No 4 of 2016. This mandatory arrangement, which is mainly intended to provide housing financing for low-income participants, is a periodic deposit savings scheme used as the basis for housing financing requests.
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