Indonesia Regulatory Update January 2017

Indonesia Regulatory Update January 2017

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This publication sets out to highlight at summary level, some of the key current regulatory changes in Indonesia. These important changes have implications for industry, covering a wide range of industries and within these, specific and complex business processes.

Regulatory updates covered in this publication are as follows:

  • Mineral and Coal Mining Business Permit
  • Production Sharing Contract - Gross-Split Scheme
  • Exemption or Reduction of Import Duty and/or Value-Added Tax on the Import of Goods in the Context of Contract of Work of Coal Mining
  • New Regulations on Financial Technology
  • New or Amended Regulations on Insurance
  • Merger and Consolidation of Publicly Traded Companies

 

They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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