Licensing of Insurance and Reinsurance Providers in Indonesia Insurance and reinsurance companies doing enterprise in Indonesia must be licensed by the Financial Services Authority . The OJK should approve or reject the license utility no later than 30 days after the complete application is acquired. In Indonesia, New Licensing Rules for Imports and Exports The […]
This edition of our Luxembourg Legal Update covers, amongst different subjects, the Law of 24 July 2015 implementing FATCA, the Law of 23 July 2015 on the remuneration policies in the monetary sector and the Bill of regulation N°6858 on the automated change of knowledge on financial accounts in tax matters. We additionally use completely […]
The Court stopped short of determining what precisely constitutes a leave “comparable” to short-term army leave, which determination it left for the decrease court to resolve on remand. “NO&T Thailand Legal Update” is written by Asian Thai qualified lawyers to offer updates on legal guidelines and legal practices specializing in Thailand, mainly for companies doing […]
The Insurance Law mandates that the native shareholders in an insurance coverage firm have to be finally owned by Indonesian people. ESDM Regulation 42 and Oil and Gas Companies On 14th July 2017, the Minister of Energy and Mineral Resources revealed Regulation No. forty two of 2017 (Reg. 42). forty two apply to upstream and […]
Regulating E-Commerce for a Digital Future Business actors in Indonesia usually raise the question whether or not there are any Indonesian legal restrictions on digitalising their companies via web sites or mobile applications. There isn’t any particular Government of Indonesia legislation or regulation that offers with e-commerce actions in any depth or detail. Indonesia’s international […]