Tag Archives: Investment

Closed Business Sector (Negative Investment List)

Background One of the government's efforts in improving the flow of investment in Indonesia is by providing flexibility for investors to determine the business sector of investment based on its interest. This triggers a simplification process of rules towards the Priority Scale List to become the Negative Investment List/ Daftar Negatif Investasi (DNI) DNI is…
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Transfer of Ownership of Foreign Shares

Background The transfer of ownership of foreign shares for a domestic investment company occurs when domestic investment company conducts a change in the company’s capital as a result of the entry of foreign capital which causes some or all the company’s capital becomes a foreign capital.Conversion of Domestic Investment Company to Foreign Investment Company In…
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Foreign Company Representative Office License

Background Foreign Company Representative Office/ Kantor Perwakilan Perusahaan Asing (KPPA) is the representative office established by foreign company or foreign companies outside the territory of Indonesia with a view to manage the interests of the company or the affiliated companies in Indonesia and/or in other countries and/or to prepare the establishment and development of foreign…
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Non-Licensing Services

Background The scope of investment services which includes the activity held by BKPM aside from the licensing services are the non-licensing services. Article 1 paragraph 6 of Regulation of Chairman of BKPM No. 12 year 2009 (“Perka BKPM 12/2009”) stated the definition of non-licensing services as all types of convenience services, fiscal facilities, and information…
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Mechanism on the Application for Investment Licenses

Background To create an order in the investment activity, the authorized body needs to set out a line of licensing process before an investor could conduct the investment activity in the territory of Indonesia. Investment Coordinating Board (Badan Koordinasi Penanaman Modal) (“BKPM’) introduced a system, namely Integrated One Door Service (Pelayanan Terpadu Satu Pintu) (“PTSP”)…
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