| Issue Number : 602ID See Translation Version

Both KITE Pembebasan and KITE Pengembalian may now be processed via electronic means through the integration of the INSW into the OSS platform in order to ensure the overall ease of doing business.

| Issue Number : 601ID See Translation Version

Any utilization of Private Data can only be conducted after prior consent has first been granted by the relevant data owner. Data owners may request the erasure of any irrelevant data under the control of electronic system providers by submitting an application to the court.

| Issue Number : 600ID See Translation Version

Although MoU 2018 cannot be crowned as the most efficient framework for international judicial assistances in civil and commercial matters, however, it still able to produce positive outcomes in accommodating the international dispute process between Indonesian and foreign parties.

| Issue Number : 599ID See Translation Version

Business model of commodities trading is currently transforming in order to keep pace with technological developments. Whereas previously, the futures exchange provided a venue for the trading of real commodities, the futures exchange has now also become a hub for the trading of digital commodities, including crypto-assets and digital gold.

| Issue Number : 598ID See Translation Version

Indonesian businesses are still hesitant and reluctant from jumping on board as the so-called green companies even though several incentives have been offered by the government. Arguably, such condition happens because the cost-and-benefit analysis from implementing environmentally-friendly business operations are incomparable with the granted incentives and facilities.

| Issue Number : 597ID See Translation Version

Certain types of tax returns, including corporate annual tax returns, periodic tax returns for Article 21 and/or Article 26 income tax and periodic value-added tax returns are strictly required to be submitted via e-Filing by certain taxpayers.

| Issue Number : 596ID See Translation Version

Although the registrations of patents with priority rights and through the use of Patent Cooperation Treaty 1970 (PCT) had been recognized for decades, its technical provisions were only recently issued by the Minister of Law and Human Rights, alongside with detailed rules on simple patent registrations.

| Issue Number : 595ID See Translation Version

The Minister of Environment and Forestry continues to further integrate the environmental and forestry licensing process into the Online Single Submission (OSS) system. Additionally, rehabilitation of contaminated land and forest management planning also receive updates.

| Issue Number : 594ID See Translation Version

As a result of the currently unfavorable condition of Indonesia's import and export sector, the government recently issued seven new ministerial regulations which specifically address this vital sector of the economy. In essence, these regulations have been issued with the intention of controlling the overall flow of imports into the country while encouraging both exports as well as investment in Indonesia.

| Issue Number : 593ID See Translation Version

Equity Crowdfunding may seem to be the new alternative of funding for start-ups who are reluctant enough to utilize the capital-market means. However, one must always aware of the potential legal risks which may arise due to loose frameworks.

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