Regulatory Background Indonesia does not have a single, standalone, restructuring regulatory regime on employment. In practice, employment-related restructuring issues are generally governed under: (i) Law No. 40 of 2007 on Limited Liability Companies, as amended by Government Regulation in Lieu of Law No. 2 of 2022 on Job Creation, subsequently enacted into law by Law […]
On 5 January 2026, the Minister of Energy and Mineral Resources (“MoEMR”) issued MoEMR Regulation No. 1 of 2026 on Energy Conservation Service Business (“MoEMR Reg. 1/2026”). This regulation strengthens the regulatory framework for energy conservation established under Government Regulation No. 33 of 2023 on Energy Conservation (“GR 33/2023”), by providing further technical details, including […]
On 17 December 2025, the Minister of Law (“MoL”) issued MoL Regulation No. 49 of 2025 on Requirements and Procedure for the Establishment, Changes, and Dissolution of Legal Entity into Limited Liability Company (“MoL Reg. 49/2025”). This regulation revokes Minister of Law and Human Rights (“MoLHR”) Regulation No. 21 of 2021 on Requirements and Procedure […]
Nusantara Legal Partnership is listed as a Firm to Watch in the Legal 500 Asia Pacific 2025 for Labour & Employment. This recognition highlights our firm’s unwavering commitment to excellence in providing top-tier legal services to our clients. A big thank you to our team, clients, and colleagues for their continuous support and trust to […]
What is a distressed asset? Indonesia has no specific definition or regulations on distressed assets. However, it is practically common to refer distressed assets as assets being sold due to certain issues, such as pre-insolvency or suspension of debt payment obligation – Penundaan Kewajiban Pembayaran Utang (PKPU) or insolvency process, loan security exercise, bad debt/loans, […]
What cases (hypothesis) of piercing the corporate veil are known in your legal system? In Indonesia, the term “piercing the corporate veil” is commonly recognized as Corporate Law Doctrine. This doctrine serves as a basis for the protection of the company from any legal actions and consequences arising from wrongful or unlawful acts of the […]
Indonesia has recently enacted Law No. 4 of 2024 on Welfare of Mothers and Children During the First One Thousand Days of Life (“Law 4/2024”), to become a manifestation of support for working mothers in providing better maternity care in the workplace. For a general overview of Law 4/2024, this article provides our summary of […]
Background: Indonesia recently issued Presidential Regulation No. 14 of 2024 on the Implementation of Carbon Capture and Storage Activity (“CCS”) (“PR 14/2024”), as a part of the central government’s effort to achieve net zero emission target. PR 14/2024 stipulates the technical guidelines for the implementation of CCS activity in Indonesia. Under this regulation, CCS is […]
While Indonesia’s Company Law (Law No. 40 of 2007 as amended by Job Creation Law) and Law No. 1 of 1946 on the Indonesia Criminal Code don’t specifically address corporate crimes, Indonesian regulations do recognize criminal liability for companies under laws such as anti-corruption, manpower, money laundering, personal data protection, and consumer protection. Below is […]
Players of Indonesia’s digital economy have been trying to maintain resilience amidst the challenges of tech winter over the past two years. This situation has set the trend that start-up founders and (both institutional and individual) investors need to depart from ownership in technology companies in Indonesia. Many major players are also seeking to enter […]