As countries around the world work to tackle the spread of Covid-19, the threat of business interruption has become real, throwing arrangements into disarray, disrupting workforce, and upsetting the global economy.
At home, the government has begun issuing various countermeasures and relief for businesses and public alike. The following is a summary of legislation and government updates issued to navigate the Covid-19 outbreak. Our team continues to assess developments, which will be issued in the weeks to come. Subscribe to receive our updates here.
Jakarta Implements PSBB
The DKI Jakarta Governor has issued Regulation No. 33 of 2020 and Decree No. 380 of 2020 on the Implementation of Massive Social Restriction (Pembatasan Sosial Berskala Besar or “PSBB“) in DKI Jakarta. Click here to read more.
E-GMS â€“ What We Know So Far
Pending the issuance of the electronic GMS regulation by the OJK, we highlight the key points from the draft regulation. Click here to read more.
KPPU Resumes Activities Virtually
The KPPU finally resumes activities this week, albeit virtually. This means that all statutory timelines have resumed and KPPUâ€™s monitoring and enforcement actions will be conducted via electronic means. Read more about KPPUâ€™s virtual implementation here. Click here to read more.
TAX AND CUSTOMS
Seeking Clarity in the Governmentâ€™s Recent Tax Incentives
In the past weeks, we have seen numerous tax incentives and facilities. The Directorate General of Taxes recently issued two FAQ documents that give more details of some of these incentives and facilities. While these FAQs are not binding, they can be a useful point of reference for taxpayers. Click here to read more.
Chandra M. Hamzah
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HMBC Rikrik Rizkiyana
D (62) 21 2555 7855
Farid Fauzi Nasution
D (62) 21 2555 9998
D (62) 21 2555 9952
AHP Client Alert is a publication of Assegaf Hamzah & Partners. It brings an overview of selected Indonesian laws and regulations to the attention of clients but is not intended to be viewed or relied upon as legal advice. Clients should seek advice of qualified Indonesian legal practitioners with respect to the precise effect of the laws and regulations referred to in AHP Client Alert. Whilst care has been taken in the preparation of AHP Client Alert, no warranty is given as to the accuracy of the information it contains and no liability is accepted for any statement, opinion, error or omission.