The OSS system has only been online for a period of some two months now and thus it is understandable that the new system is experiencing a number of teething problems and issues that must be tackled

The Madrid System allows for trademark holders to simultaneously seeking protection in up to 117 Member States through a single application, single language and single set of fees in one trademark office

Under the Draft Bill tax consultants are the only parties who are authorized to exercise power of attorney on behalf of taxpayers. This runs contrary to Decision of the Constitutional Court No. 63/PUU-XV/2017 which abolished all restrictions regarding the ability of non-tax consultants to exercise power of attorney on behalf of taxpayers in order to handle their taxation matters.

The current confrontation over trade was initiated on 30 March 2017 when US President Donald Trump ordered US trade officials to investigate the US' overall trade deficits with some 16 countries, including China and Indonesia, with the ultimate goal of achieving a trade surplus

It Is Important To Note That Operators May Be Held Liable For Any Representations Or Claims Relating To Services Which Are Connected To Their Platform

This commitment scheme is one of the most salient features to be introduced under Regulation 24/2018. Under this scheme, businesses which apply for licenses will automatically obtain a conditional license after stating their commitment to fulfilling all of the requirements set by the government

Regulation 24/2018 offers no certainty or clarity regarding whether existing businesses are also required to register with the OSS and to secure NIB. However, there are at least five situations which existing businesses may find themselves in which definitely require OSS registration and the securing of NIB

PMVs can also provide financing through so-called quasi-equity participation schemes. Under this type of scheme, a PMV will purchase convertible bonds which will be issued by the relevant Investee Company in the form of bond certificates

Decision 618/2016 indicates that even if a transaction has been settled through official IDX channels, it does not necessarily mean that said transaction remains free from future legal risk.

Possession of an IMB is one of the administrative prerequisites that have to be met in order to obtain other types of licenses, failure to secure an IMB can ultimately lead to a domino effect.