Investment Policy Measures

40 results
Indonesia

Indonesia

17 Feb 2025

Imposes restrictions on foreign exchange earnings from natural resource exports

On 17 February 2025, the Government of Indonesia issued Regulation No. 8 of 2025, mandating the retention of foreign exchange earnings from natural resource exports within the domestic financial system. Under the new regulation, exporters [...]

Indonesia

Indonesia

02 Jun 2023

Introduces 10-year Golden Visa programme to attract foreign investment

On 2 June 2023, the Government of Indonesia introduced a "golden visa" programme that allows foreigners to stay for up to 10 years, in an effort to attract more foreign investment (Government Regulation Number 40 of 2023). Companies [...]

Indonesia

Indonesia

01 Jul 2021

Issuing new regulation on payment systems

On 29 December 2020, Indonesia's central bank, Bank Indonesia, issued regulation No.22/23/PBI/2020. This regulation introduced new requirements with regard to share ownership and capital, which could impact foreign investors in the [...]

Indonesia

Indonesia

02 Jun 2021

Increased Paid-up Capital Requirements for Foreign Companies

On 1 April 2021, Indonesia’s Investment Coordinating Board (Badan Koordinasi Penanaman Modal BKPM) issued BKPM Regulation 4 of 2021 regarding an increase of paid-up capital requirements that foreign investors have to pay when establishing [...]

Indonesia

Indonesia

25 May 2021

New businesses closed for FDI

On 25 May 2021, Presidential Regulation No. 49 of 2021 has been issued amending Presidential Regulation No. 10 of 2021. This Presidential Regulation added Alcoholic Beverage Industry, Wine Industry, and Beverages Containing Malt Industry [...]

Indonesia

Indonesia

28 Apr 2021

New Investment Ministry established

On April 28, 2021, the Government of Indonesia established a new Ministry of Investment. The Ministry of Investment is the result of upgrading the bureaucratic status of the Investment Coordinating Board (Badan Koordinasi Penanaman [...]

Indonesia

Indonesia

01 Apr 2021

Introduced Risk Based Business Licensing

On 1 April 2021, Indonesia issued Government Regulation 5 of 2021 to introduce a risk-based approach to the issuance of business licenses. Business activities will be assessed on the scale of the hazards they can potentially create [...]

Indonesia

Indonesia

01 Apr 2021

New regulation to ease the hiring of foreign workers

On 1 April 2021, the new implementing Government Regulation No. 34 of 2021, which aims to ease the process of hiring foreign workers in Indonesia, came into force. This Regulation introduced different categories for the Foreign Worker [...]

Indonesia

Indonesia

02 Feb 2021

New regulation expands strata title rights for foreign citizens and legal entities

On 2 February 2021, Government Regulation No. 18 of 2021 on Right to Manage, Right over Land, Strata Titles and Land Registration (“GR 18/21”) became effective. This Government Regulation amends Government Regulation No. 103 of 2015 [...]

Indonesia

Indonesia

02 Nov 2020

"Omnibus Law" on job creation has been enacted

On 2 November 2020, Indonesia’s President officially enacted the job creation law - commonly known as the "Omnibus Law". It aims to attract investment, create new jobs, and stimulate the economy by, among other things, simplifying [...]

Indonesia

Indonesia

19 May 2020

New requirements for E-commerce companies

On 19 May 2020, the Indonesian Ministry of Trade (“MOT”) has issued a new regulation, MOT Regulation No. 50 of 2020 regarding Provisions on Business Licensing, Advertising, Guidance and Supervision of Businesses Trade through Electronic [...]

Indonesia

Indonesia

26 Dec 2019

New regulation to facilitate the transformation of foreign bank branches

On 23 December 2019, Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or OJK) issued Regulation No. 41/POJK.03/2019 on the Merger, Consolidation, Acquisition, Integration and Conversion of Commercial Banks. The regulation [...]

Indonesia

Indonesia

12 Dec 2019

New income tax incentives

On 13 December 2019, Indonesia issued Gevernment Regulation 78 of 2019, which sets out a variety of tax incentives for businesses investing in specific industries and provinces in the country.The regulation came into effect on 12 December [...]

Indonesia

Indonesia

29 Jul 2019

New regulation clarifies guidelines and procedures for FDI

Indonesia's Investment Coordinating Board (BKPM) has issued a new regulation amending BKPM Regulation 6/2018, which sets out guidelines and procedures for licensing and facilities under Indonesia's foreign direct investment (FDI) regime. [...]

Indonesia

Indonesia

13 Jun 2019

New regulation for construction businesses

Indonesia’s Construction Law 2 of 2017 required foreign investors to establish either a representative office in cooperation with an Indonesian construction company (representative office), or incorporate a legal entity in a joint [...]

Indonesia

Indonesia

20 Jan 2019

New Foreign Ownership Cap for Insurance Companies

Through Government Regulation No. 3/2020, the government allowed foreign investors to own more than 80 percent of shares in locally-listed insurance companies. The rule also drops the requirement for a local partner, which, according [...]

Indonesia

Indonesia

10 Sep 2018

Minimum equity requirement for foreign investors to use OSS system reduced from 10 billion to 2.5 billion

The minimum equity requirement for foreign investment companies to register on and use the Online Single Submission (OSS) portal, which used to be IDR 10 billion, has been reduced to IDR 2.5 billion reportedly as of 10 September 2018, [...]

Indonesia

Indonesia

17 Jul 2018

Issuance of Government Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services

On 21 June 2018, Indonesia issued Government Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services (GR No. 24/2018). The change abolishes approval from BKPM (Badan Koordinasi Penanaman Modal, Indonesian Investment [...]

Indonesia

Indonesia

04 Apr 2018

Issues a new regulation on tax holiday

Effective April 2018, the Government introduced a new regulation (Regulation No. 35/PMK.010/2018) on Tax Holiday, as an incentive to conduct business in Indonesia. The new regulation provides greater convenience and more flexibility [...]

Indonesia

Indonesia

13 Dec 2017

Introduces a new capital investment regulation on licensing and facilities

On 13 December 2017, the Indonesian Investment Coordination Board (BKPM) issued a regulation (Reg. 13/2017) that sets out, among other things, new rules governing how to obtain investment approvals. It mainly simplifies the process [...]

Indonesia

Indonesia

30 Jan 2017

Launches a speedy licensing procedure for the energy sector

On 30 January 2017, the Investment Coordinating Board (BKPM) and the Ministry of Energy and Mineral Resources launched a special service that allows the prompt issuance of temporary licenses for eight businesses in the downstream oil [...]

Indonesia

Indonesia

01 Jan 2017

Increase of minimum local content requirement for smartphones

From 1 January 2017, the minimum local content requirement - both in hardware as well as software - for domestically-produced 4G smartphones that are sold in the Indonesian market has been increased to 30 per cent. Previously, the [...]

Indonesia

Indonesia

09 Nov 2016

Indonesia introduces foreign ownership limit in Electronic Payment Services Firms

On 9 November 2016, Indonesia introduced Bank Indonesia Regulation No. 18/40/PBI/2016 on the Operation of Payment Transaction Processing. This regulation imposes a 20 per cent limit on foreign ownership in companies that offer electronic [...]

Indonesia

Indonesia

12 May 2016

Indonesia introduces a new "negative list" for foreign investment.

On 12 May 2016, the President of Indonesia signed the new Negative List of Investment. It sets out which sectors are open and closed for foreign investment and which conditions apply. The new list permits or increases the allowed ceiling [...]

Indonesia

Indonesia

21 Mar 2016

Indonesia amended minimum capital requirement for SMEs

On 21 March 2016, Indonesia’s President signed into effect a regulation (Government Regulation No. 7 of 2016 regarding Changes to Authorized Capital of Limited Liability Companies), changing the requirements for starting a business [...]

Number of policy measures per economy (since 01 Jan 2010) 1 94