Posts Tagged ‘DNI’
THE COMPARISON BETWEEN FOREIGN DIRECT INVESTMENT AND REPRESENTATIVE OFFICE IN INDONESIA
Indonesian Government gives facilities to Foreign Investor who wants invest in Indonesia. Foreign Investor can establish the Foreign Direct Company (“PT PMA”) or Representative Office (in Bahasa: Kantor Perwakilan Perusahaan Asing, hereinafter briefly referred to as “Rep. Office”). Investment Coordinating Board (“BKPM”) governed the law of procedure for establishing both legal entity as mentioned above,…
Read MoreIndonesia Allows 100% Foreign Shareholding in Restaurants, Cafes, Film Production Business Sectors
After several months of development, the President of Indonesia has finally issued the newest Negative Investment List (Daftar Negatif Investasi or “DNI 2016”) on May 18, 2016, under Presidential Decree No. 44 of 2016. DNI 2016 effectively replaces the previous DNI, Presidential Decree No. 39 of 2014, starting May 22, 2016. As previously described in…
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