Indonesia's Omnibus Law implementing regulations

Towards the end of February 2021, the Government of Indonesia passed 51 governmental and presidential regulations – implementing regulations from the Omnibus Law (which was issued earlier in November 2020).

The Job Creation Law or Omnibus Law brings with it massive reforms aimed at boosting economic recovery and opening up job opportunities for the growing population in Indonesia. It also aims to benefit investors looking to do business in Indonesia by making it easier to acquire land, reducing restrictions on foreign investments, and providing more incentives to free-trade zones.

In this newsletter we will focus on 10 reforms, that we feel might be of interest to you.

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