| Issue Number : 4973

Gross-Split Profit-Sharing Contracts: What Contractors Need to Know About the 47% - 49% Base Split

Introduced on 12 August 2024, Regulation of the Minister of Energy and Mineral Resources (“Minister”) No. 13 of 2024 (“Regulation 13/2024”) on Gross-Split, Profit-Sharing Contracts (“Profit-Sharing Contracts”) outlines a number of provisions that specifically address the implementation of Profit-Sharing Contracts. It should be noted that various Profit-Sharing Contract related mandates were previously summarized in the following edition of Indonesian Legal Brief (“ILB”): “Conversion from Gross-Split to Cost-Recovery Made Easy”.

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Introduced on 12 August 2024, Regulation of the Minister of Energy and Mineral Resources (“Minister”) No. 13 of 2024 (“Regulation 13/2024”) on Gross-Split, Profit-Sharing Contracts (“Profit-Sharing Contracts”) outlines a number of provisions that specifically address the implementation of Profit-Sharing Contracts. It should be noted that various Profit-Sharing Contract related mandates were previously summarized in the following edition of Indonesian Legal Brief (“ILB”): “Conversion from Gross-Split to Cost-Recovery Made Easy”.

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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