Posts Tagged ‘Investment In Indonesia’

How To Extend Your Principle Investment License

SMART Legal Consulting

The process of starting a new foreign company in Indonesia starts with obtaining the Principle License or otherwise known as Izin Prinsip, which is the official approval from the Indonesian Government issued by Indonesia Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM”) that yes, you are allowed to start your foreign company here in…

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Govt Expands 3-hour Permit Issuance For 4 Infrastructure Sectors

Investment Coordinating Board (BKPM) head Franky Sibarani has announced that the government broadens implementation of the three-hour licensing service for four infrastructure sectors namely transportation, public works, energy, and communication. (JP/Don) The government has broadened implementation of the three-hour licensing service for four infrastructure sectors, allowing investors to enjoy the service without having to meet…

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Foreign Ownership of Land and Property in Indonesia

With the rapid development of foreign investment and business in Indonesia, many foreigners seek to secure a place in Indonesia, in the form of land, buildings, or even private property. There are several purposes in securing such places, whether it is to establish a functional office, a project location, or even just securing a place…

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Investment Procedures

SMART Legal Consulting

Pursuant to Article 25 (4) of Law Number 25 in 2007 on Investment, it is stipulated that any investment companies that will carry on business activities in Indonesian Republic teritory is obliged to obtain license in accordance with provisions law and regulations from the authorized agency unless otherwise specified in the law. Investment license as…

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List of Negative Investment of Industry Sector and Industrial Zone

SMART Legal Consulting

In order to increase foreign capital investment and to be prepared for ASEAN Economic Community (AEC), Indonesian Government has renew the provision of List of Negative Investment in closed and opened industry for foreign capital investment. The new provision was written in President Regulation No. 39 in 2014 about list of closed and open industry…

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Phases To Commence Investment

SMART Legal Consulting

The investor who want to engage in investment must pass several phases of procedure in accordance with applicable laws and regulations in Indonesia. The procedure covers legal entity establishment, handling license for implementation and utilization of fiscal and non-fiscal facilities provided by the Government. Procedure for investing in jurisdiction of Indonesia consists of three phases:…

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