IABF Law Firm

Mandatory Disclosure of Beneficial Ownership for Indonesian Companies

The concept of beneficial ownership has become an essential component of modern corporate governance, aimed at increasing transparency regarding individuals who ultimately control or benefit from a corporation. In Indonesia, this principle is reinforced through Minister of Law and Human Rights Regul

New Compliance Requirement in Indonesia: Mandatory Annual Report Filing for All Limited Liability Co

Minister of Law Regulation No. 49 of 2025 on Requirements and Procedures for the Establishment, Amendment, and Dissolution of Limited Liability Companies (“Regulation 49/2025”) introduces an updated administrative framework governing corporate legal entity services under the Ministry of Law of the R

BKPM Regulation No. 5 of 2025: New Provisions on Supporting KBLI Classifications

Under Minister of Investment and Downstreaming / Head of Investment Coordinating Board or Menteri Investasi dan Hilirisasi / Kepala Badan Koordinasi Penanaman Modal (“MOI/BKPM”) Regulation No. 5 of 2025 on Guidelines and Procedures for Implementing Risk-Based Business Licensing and Investment Facili

Artificial Intelligence in Indonesia – Use and Restrictions

I. General Definition of AI Based on Chapter I (paragraph 1.3-point c) under the Attachment of Presidential Regulation Number 95 of 2018 on the Electronic-Based Government System, AI means artificial intelligence technology in machine that has cognitive functions to learn and solve problems th

Anti-Dumping in Indonesia: Legal Instruments to Protect Domestic Industries, from Steel to Plastics

a. unreasonable market price reductions, forcing local producers to sell below reasonable levels; b. loss of market share, as consumers switch to cheaper imported products; c. declines in production and capacity; and d. impacts on manpower, including employee reductions and production fa

The Authority of Committee of State Receivables Management

(i) The SOE/Regional-owned Enterprise can assign its collection authority to the PUPN, towards the receivables of SOE which arising from the distribution of fund through channeling and risk sharing, (ii) If the SOE/Regional-owned Enterprise intends to assign the collection of its receivables to the

Differentiating E-Commerce, Market Place, and Social Commerce

With the issuance of MoTR Reg No.31/2023, it is expected to enable micro, small, and medium enterprises to achieve a stronger level in market competition. Notwithstanding the such new provisions, MoTR Reg No. 31/2023 nevertheless mandates business actors to prioritize trade of goods and/or services

Unraveling Carbon Trading in Indonesia Using Carbon Exchange

The development of the carbon exchange is planned to be conducted in three stages—with the first stage taking place in 2023-2024; the second stage in 2025-2026, and the third stage in 2027-2030. Finally, it is hoped that the carbon exchange would be one of the initiatives that may be taken to ac