In an effort to enhance the attractiveness of the country to foreign direct investments and boost job creation, the omnibus bill came into effect in November 2020 to simplify business licensing procedures and changes to manpower laws, among many other changes.
There has been a lot of ambiguity with regards to the details and implications of the omnibus bill, but these are now becoming clearer as implementation regulations and guidelines are now gradually being issued.
In this live webinar, we have experts from Vistra, KPMG Indonesia and ABNR Counsellors at Law to share insights on the latest updates to the omnibus bill in relation to the tax and regulatory changes, as well as discuss the opportunities and impact for businesses and investments in Indonesia.
- Indonesia economic outlook and update on the omnibus bill
- Legal changes spotlight: Foreign ownership restrictions, minimum capital requirements, labour law etc
- Tax changes spotlight: tax updates and changes such as tax rates cuts, tax incentives, tax holidays etc
- Q&A – there will be a live Q&A session
The contents of this article are intended for informational purposes only. The article should not be relied on as legal or other professional advice. Neither Vistra Group Holding S.A. nor any of its group companies, subsidiaries or affiliates accept responsibility for any loss occasioned by actions taken or refrained from as a result of reading or otherwise consuming this article. For details, read our Legal and Regulatory notice at: http://www.vistra.com/notices . Copyright © 2022 by Vistra Group Holdings SA. All Rights Reserved.
Five steps every organisation should take when expanding and operating internationally
27 Mar 2023
I’ve spent much of my career helping organisations expand and operate internationally. There have been many changes during that time, particularly in the last decade. Businesses and investors have had to adapt to the rise of digital commerce, emerging…
ECJ ruling on access to beneficial ownership information: Balancing transparency and privacy
23 Feb 2023