“In accordance with the principle of freedom of contract, any contracting parties can determine the choice of law and the choice of forum in commercial contracts. While it is not mandatory to do so, determining such choices can be beneficial to the contracting parties under certain considerations.” In Indonesia, the laws and regulations acknowledge a […]
“By Indonesian law, a Digital Signature has been properly acknowledged and regulated. However, while having similar legal enforceability of a wet signature on paper, a Digital Signature must still undergo a legalization process if the signing is conducted outside of Indonesia.” Pursuant to Law No. 19 of 2016 concerning Amendment of Law No. 11 of […]
“Furthermore, the Traders must maintain its net capital adjusted which shows the calculation of working capital. The net capital adjusted itself is the difference between current assets and liabilities.” In Indonesia, the crypto business is one of the active industries right now. The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi, or “Bappebti”) […]
“The Overseas Bank Representative Office in Indonesia has limited activities, only as a liaison between the bank overseas and its customer in Indonesia. Furthermore, in conducting its activities, there are some mandatory reports to the OJK.“ The Financial Services Authority (“Otoritas Jasa Keuangan/OJK“), through their website, mentioned that currently, there are 25 (twenty-five) OverseasBank Representative […]
Subscribe to our newsletter or follow our social media to stay update with the latest news.
OFFICE
Epiwalk 5th Floor Unit B547-548
Rasuna Epicentrum Area, Jl. Epicentrum Tengah No. 2,
HR. Rasuna Said, South Jakarta 12950
MOBILE (+62) 0811 877 216
PHONE (021) 2994-1392
EMAIL info@gaffarcolaw.com
