Discover insight through our challenging cases.

An Update on Business License by Omnibus Law

“The Omnibus Law changed on the business licensing from the classifications, requirements, to the process itself. The Environment aspect is will also be one of the approval documents, especially for the high-risk business activity.” In order to attract investors and bolster investment, the Government through Omnibus Law simplifies the licensing process and investment requirements by amending some provisions and introduces new risk-based business licensing. The implementation of the Risk-Based Licensing

Read More »

Financial Technology Industry in KBLI 2020

“KBLI 2020 has categorized fintech industry into specific code which adjusted based on its development.” Following the promulgation of Regulation of Head of Indonesia Central Bureau of Statistics No. 2 of 2020 on Indonesia Standard Industrial Classification (“Klasifikasi Baku Lapangan Usaha Indonesia” or “KBLI 2020”), KBLI category of financial technology (“fintech”) industry has categorized into specific code. This specification adjusts to the development of fintech industry under the authority of

Read More »

Dealing with an Employment Agreement Based on Omnibus Law

“Promulgated earlier this year, the Omnibus Law has brought considerable changes in most areas of Indonesian law. One of the most significant changes made effective is the amendment of the Manpower Law. However, as of now, such amendment cannot be completely implemented, considering there have been multiple matters that have been left vague.” Following the promulgation of the Law No. 11 of 2020 on Job Creation (“Omnibus Law”), there have

Read More »

Management Consultancy Business in Indonesia

“KBLI 2020 has classified management consultancy business activity in category “702” which cover advice activity, instruction and operational assistance for business or organization in various management issues.” Management consultancy business is one of the economic activities that classified in Regulation of Indonesian Central Bureau Statistic No. 2 of 2020 on Standard Indonesian Business Field Classifications (“Klasifikasi Baku Lapangan Usaha Indonesia” or “KBLI 2020”). The KBLI 2020 has classified management consultancy

Read More »