Newsletters
Key Takeaways and Implications of New BKPM Regulation for Indonesia’s Risk-Based Business Licensing Framework and Investment
Luciana Fransiska
- Corporate
- General Corporate
- M&A
- Mergers & Acquisitions
Publication
- Publisher
- Nagashima Ohno & Tsunematsu
- Journal /
Book - NO&T Asia Legal Review No.27 (September, 2020)
- Reference
- Practice Areas
*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.
Introduction
The Directorate General of Immigration of Republic of Indonesia (“DGI”) on 18 September 2020 issued an announcement on the new immigration policy especially for foreigners holding permanent stay permit (KITAP) or limited stay permit (KITAS) to stay in Indonesia.
As a background, the Regulation of Minister of Law and Human Rights No. 11 of 2020 on the Temporary Ban for Foreigners to Enter the Territory of Republic of Indonesia (“MOLHR Regulation No. 11 of 2020”) was issued on 31 March 2020. Upon the enactment of MOLHR Regulation No. 11 of 2020, the DGI has issued the immigration policy which has been amended from time to time depending on the condition and development of the COVID-19 pandemic in Indonesia. The last amendment was issued on 18 September 2020.
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