IUT Archives - SMART LEGAL CONSULTING

An Overview of Import License in Indonesia (2016 Update)

smart — Mon, 06 Jun 2016 10:00:05 +0000

Indonesian Government has regulated the specification of commodities that are allowed or not allowed to be imported, the quota for each commodities and the Import Licence (Angka Pengenal Impor or “API”) through the Ministry of Trade Regulation No. No.70/M-Dag/Per/9/2015 on Import Licenses (“Permendag No.70/2015”). This writing will discuss about the types Import License in Indonesia.…

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BKPM Permanent Business License: Let’s Move to Commercial Phase

smart — Wed, 01 Jun 2016 03:00:12 +0000

It is a must to Foreign Investment Company (PMA Company) in Indonesia to secure Principle License from the Indonesia Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM”). However, getting the Principle License does not necessarily grant any permission for PMA Company to start commercial activities, because the Principle License only applies for preparation phase.…

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