Monthly Archives: March 2010
New Regulation on Import License in Indonesia
Ministry of Trade issued a new regulation on the Import License (Ministry of Trade No.45/M-DAG/PER/9/2009 which came into effect on January 11, 2010. The Company that holds the Limited Import License or APIT-U must conduct adjustment to this regulation within … Continue reading
Filed under Law
NEW BKPM REGULATIONS ON GUIDELINES AND PROCEDURES FOR INVESTMENT APPLICATIONS
The Investment Coordinating Body of Indonesia (“BKPM”) issued BKPM Regulation No. 12 of 2009 regarding Guidelines and Procedures Application (December 23, 2009) (“BKPM Reg 12/09”) that replaced the previous BKPM Regulations on the Guidelines and Procedures for Investment Applications under … Continue reading
Filed under Law
The Obligation of Foreign Investment Company in Indonesia
After the Foreign Investment Company (“PT PMA”) has been approved by Ministry of Laws and Human Rights (“MoLHR”), it means that PT PMA is duly established in Indonesia. PT PMA should take the following obligations. Corporate Housekeeping There are several … Continue reading
Filed under Law
Can Foreign Investors own Land in Indonesia?
The foreign Investors can own land in Indonesia under certain land titles. Therefore, the foreign investors must aware of the following land titles: Right of Ownership, Right of Build, Right of Exploitation, and Right of Use. Law No. 5 of … Continue reading
Filed under Law
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