Information & Update

The Tax Amnesty Law eliminates the principal tax debt and administrative sanctions as well as offering no-examination of tax crimes. Downsizing in Indonesia There has been appreciable confusion about whether employers in Indonesia are allowed to downsize part of their workforce for effectivity causes. Law No. 13 of 2003 relating to Employment allows an organization to terminate workers when closing the company for effectivity reasons.

Given the judgments we’ve seen over the past yr, a win within the landlord column stands out within the sector, however does little to balance the scales. One ray of sunshine isn’t enough to pierce the storm clouds nonetheless hanging over the heads of UK business property house owners. You will learn the way to be observed on social media; tips on how to stand out in a world of commercials and achieve clients by way of the utilization of social media. Learn tips on …

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Legal Update On The New Funding

New OJK Rule on Public Accountants and Public Accountant Offices The issuance of this new rule has an impression on the engagement of external auditors by publicly-listed companies on circumstance that public companies are one of the subjects being regulated and supervised by OJK. Indonesia Extends Cabotage Exemption The Indonesian Shipping Law and its implementing regulations contain Indonesia’s cabotage rules, requiring that home sea transportation be carried out by an Indonesian delivery company utilizing an Indonesian-flagged vessel and an Indonesian crew. Indonesia Launches New Economic Policy Package On thirty first August 2017, President Joko Widodo enacted the sixteenth financial policy package, which goals to enhance the ease of doing enterprise in Indonesia by providing measures to accelerate issuance of enterprise licenses and permits at the central and regional levels. Data Protection in Indonesia’s Financial Services Sector Minister of Communication and Informatics Regulation No.20 of 2016 strengthens the obligations to protect …

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Quarterly Northwest Legal Update

Any cookies that is in all probability not particularly essential for the website to function and is used specifically to gather consumer private information via analytics, adverts, different embedded contents are termed as non-necessary cookies. It is necessary to obtain person consent prior to working these cookies in your website. With a view to spice up the economic and tax development of the nation, the Modi government introduced Bills within the parliament in 2019 with the goal to consolidate the huge variety of labour legal guidelines into 4 to 5 codes. Our legal analysis and commentary is designed by legal experts to help members prepare and react to adjustments in the legislative panorama forward of their opponents. You also can find particulars of our legal and compliance workshop right here and our essential recruitment compliance course for recruiters here. This offers us an unparalleled edge over our competitors in presenting …

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Legislative Update

BKPM Stops Issuing Licenses On 21st June, the government issued Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services. As a consequence, the BKPM will quickly droop the processing and issuing of licenses and will transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a new listing rule for shares and equity-type securities. The new rule supplies new necessities for itemizing on the IDX and clarifies several items that are not clearly regulated beneath the old rule. Indonesia Relaxes Mandatory Employer Contributions to Manpower Social Security Programs Amid COVID-1 With COVID-19 infections not slowing within the country, the Government of Indonesia (“GOI”) has continued to problem laws geared toward fighting the pandemic and the financial downturn it has caused.

A   Edpb & Edps Name For Ban On Use Of Ai For Facial Recognition In Publicly Accessible Areas

In …

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Actual Property Legal Update

Employee Data Privacy in Indonesia The Indonesian Minister of Communication and Informatics comparatively lately issued MOCI Regulation No. 20 of 2016 regarding the Protection of Personal Data in Electronic Systems , which stipulates the protections afforded to personal data stored in an digital system. Tax for E-Commerce Trade to be Set in April The government recently issued a suggestion to impose taxes on on-line transactions done through e-commerce platforms/businesses following the newly issued regulation on taxation for e-commerce commerce. New Regulation Puts Focus on Local Resources in Indonesia’s Construction Sector A new regulation has launched significant changes to the implementation of Indonesia’s Construction Services Law, which is in a position to affect enterprise actors in the country’s construction sector. We also use different external providers like Google Webfonts, Google Maps, and external Video providers.

Lynne Parker, assistant director of AI for the OSTP, will co-chair the trouble, along with Erwin …

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Legal Update I

Further, NHTSA issued a Standing General Order on June 29, 2021 requiring manufacturers and operators of vehicles equipped with sure automated driving techniques (“ADS”) to report sure crashes to NHTSA to allow the company to train oversight of potential safety defects in AVs working on publicly accessible roads. Also in June 2021, the Department of Transportation (“DOT”) released its “Spring Regulatory Agenda,” and proposed that the NHTSA set up rigorous testing standards for AVs as nicely as a nationwide incident database to document crashes involving AVs. The DOT indicated that there might be opportunities for public feedback on the proposals, and we stand prepared to help companies who want to take part with submitting such feedback. In June 2021 the National Institute of Standards and Technology (“NIST”), tasked by the Trump administration to develop standards and measures for AI, launched its report of how to establish and manage biases in …

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New Legal Guidelines Update

Indonesian Government Imposes VAT on Imported Digital Goods and Services Indonesia’s Minister of Finance (“MOF”) lately issued a regulation on the imposition of value-added tax (“VAT”) on intangible taxable items and providers, together with digital items and services, from foreign expertise companies which are utilized in Indonesia. In case the corporate has an investment project to supply solar rooftops apart from the province the place it’s headquartered, it must declare VAT on the place the place the funding project is carried out. In case of not establishing the project management board or department to manage the project, the Head Office shall briefly declare and deduct VAT.

The weblog posts are written by our group of specialist charity lawyers at prime 50 UK regulation agency, Mills & Reeve LLP. Indonesian Franchising Rules and Regulations With a inhabitants of 250 million, Indonesia is a gorgeous nation for investors interested within the distribution, …

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Medico Legal Update

Providing an extra floor for revocation of domains by way of administrative measures (i.e., a decision on administrative sanction by an inspectorate of data and communication). However, Circular 24 does not present a particular basis for the revocation of domain names under a choice on administrative sanctions from the Inspectorate of Ministry of Science and Technology which most frequently rules on IP violations related to domain names. Therefore, until the laws are examined, it’s unclear whether or not the MIC will implement decisions on IP infringements related to domains which may be issued by MOST.

The regulation offers new measures to the present private data protection provisions in Indonesia. Prior to the introduction of this code, an establishment with more than 100 employees required the prior approval of the federal government earlier than lay-offs, retrenchment and closure. It is believed that the earlier stringent hiring and firing guidelines incentivized smaller …

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Actual Property Legal Update

Indonesian Language Law from the Perspective of the Courts In 2013, the West Jakarta District Court issued a groundbreaking determination that captured the attention of the enterprise community in stipulating that the Indonesian language must be used in industrial agreements with Indonesian companies and companies. Mandatory Use of Rupiah in Indonesia Indonesia’s central bank, Bank Indonesia, lately issued BI Regulation No. 17/3/PBI/2015 concerning the Mandatory Use of the Rupiah throughout the Republic of Indonesia, which restricts using international foreign money in home transactions carried out inside Indonesian territory. Registration of Vessels in Indonesia Any vessel of at least 7 gross tonnes may be registered underneath the Indonesian flag together with offshore drilling rigs and cellular offshore drilling units. [newline]Companies looking for to obtain Indonesian nationality for their vessels should adjust to Indonesian legal guidelines and laws associated to the possession and operation of the vessel. New Regulation Prohibits Manufacturers from …

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The Legal Update

Innovation and Competition Act of 2021—sweeping, bipartisan R&D and science-policy legislation—moved quickly via the Senate. Supreme Court selections, we’ll examine the most recent Texas code modifications and additions that have an effect on law enforcement coverage makers, administrators, or legislation enforcement officers. Charities granted an extension to file their annual return, report and accounts by the Charity Commission previous to 30 June 2021 now have until 30 September 2021 to file those documents, according to the Commission’s up to date coronavirus steerage.

Introducing The Land Bank And Different Modifications In The Actual Property Sector

In 2019, four transgender people filed go nicely with in opposition to ODH difficult their coverage that denied a transgender particular person the flexibility to alter the intercourse marker on their delivery certificate whereas allowing other adjustments to start certificates, such as for adoptions and legal name adjustments. Constitution, the Court held that the Plaintiffs had …

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