Month: April 2020

An Update Regulation Related To COVID-19 Pandemic: Regulation of The Government in Lieu of Law Number 1 of 2020

“The purpose of Perppu 1/2020 is to mitigate the impact of the pandemic under the framework of rescuing health, national economy, and recovery of the affected business.” Currently, the world has been suffered from the spread of Corona Virus Disease 2019 (“COVID-19”) that brought health risks to the community and caused fatalities for those infected […]

Preventative Measures against COVID-19 by E-court and Social Distancing

“Within the provision concerning court proceedings, SEMA 1/2020 states that cases related to civil matters, religious civil matters, and national administrative matters are encouraged to be conducted by utilizing e-litigation, or electronic court proceedings” Starting in the end of 2019, there has been an outbreak of diseases caused by the Coronavirus (“COVID-19”). On 11 March […]

Extention Period of Annual Report Submission and General Meeting of Shareholders (Rapat Umum Pemegang Saham or “RUPS”) Implementation for Public Companies

Due to the COVID-19 global outbreak and to support physical distancing national movement. Indonesian Financial Autority (“OJK”) has issued an official press relase (SP 18/DHMS/OJK/III/2020) dated 18 of March 2020 regarding the extention period of annual financial report, annual report subbmision and General Meeting of Shareholders (RUPS) implementation period for public companies, please find below […]

Wholesale Pharmacy Business License

“However, while most other pharmacy businesses are limited or closed to foreign ownership, wholesale pharmacy is a bit unique.” Business license is one of the most important permits required when establishing a new business in Indonesia. Without business license, a company can’t legally operate even if it has been properly established and registered in the […]