Tag Archives: Business

Procedure of Procuring Financing From Foreign Private Creditors

Background Procedure of procuring financing from foreign private creditors (“FPC”) is governed under Minister of Finance Regulation No. 45/PMK.08/2014 of 2014 (“MFR No. 45/2014”). This regulation has been enforced to renew the previous one, namely  Minister of Finance Regulation No. 14/PMK.08/2012 of 2012 (“MFR No. 14/2012”) which is considered inappropriate with the current condition. Types…
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Investment Agreement In International Trade Law In Relation To Developing Country

Background In the development of international law, there is the law that regulates investment efforts related to international trade, which is Trade - Related Investment Measures or referred to TRIMs within the framework of the World Trade Organization (WTO). Foreign Investment’s Negative Impact Foreign direct investment may incur negative impact to the economy of recipient…
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Transfer of Ownership of Foreign Shares

Background The application for transfer of ownership of foreign shares can be submitted either by foreign investment company or by domestic investment company. The transfer of ownership of foreign shares shall be conducted whenever there are changes in the company’s capital that cause some or all the company's capital into a foreign capital or domestic…
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Types of Licenses and the Period of Establishment

Background BKPM held 2 (two) types of services on investment activity for the investor in the territory of Indonesia, which is licensing service and non-licensing service. Based on Article 1 paragraph 6 of Peraturan Kepala BKPM No.12 year 2009 (“Perka BKPM 12/2009”), what is included in the licensing services is any type of agreement to…
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