In comparison with the previous Regulation, the new framework has significantly reduced the list of eligible countries from the previous total of 169 to only 13, which now encompass all ASEAN countries, Suriname, Colombia and Hong Kong. The individuals who are exempted from the obligation to secure a visit visa in order to enter Indonesia now comprise the following: 1) Foreign citizens from specific countries, governments of special administrative regions and certain entities (i.e. all ASEAN countries, Suriname, Colombia and Hong Kong); and 2) Holders of certain Singaporean residency permits.

The scope of entities eligible to request copies of corporate legal service products ("Products") has now been expanded to include non-legal entities. In addition to the previously recognized limited liability companies, foundations and associations, cooperatives and partnerships such as civil partnerships, firm partnerships and limited partnerships can now also request copies of Products. The range of Products that can be requested has also been broadened to include: 1) Decrees; 2) Acknowledgment receipts; 3) Certificates; and 4) Statements.

The Head of the Capital City of Nusantara (Ibu Kota Nusantara "IKN") Authority will provide facilities in the form of exemptions to the obligation to pay compensation for the use of foreign workers until 2035 to business actors who employ foreign workers and business actors who carry out strategic government projects within IKN. In this regard, the obligation to pay compensation for the use of foreign workers by government agencies, foreign representatives, international organizations, social institutions, religious institutions or for certain positions in educational institutions is exempted in accordance with applicable law.

While previously the effective period of regular passports ("Passports") was set at a uniform maximum of 10 years, the Second Amendment has now included a Passport with a five-year effective period that can be issued to Indonesian nationals who meet the following criteria: 1) Must be domiciled outside of Indonesian territory; 2) Must be under 17 years of age and must not be married; and/or 3) Other conditions that will be further stipulated by the Director-General of Immigration (Director-General). Moreover, manual applications for Passports may now be submitted to locations other than official immigration offices, provided that said applications are considered urgent and/or are based on the needs of organizations.

Several adjustments have been made to the substance, expectations and sub-expectations that form the basis of Oil-and-Gas Safety Management System (Sistem Manajemen Keselamatan Minyak dan Gas Bumi "SMKM") application compliance assessments ("SMKM Assessments"), along with changes to the assigned weightings for each substance. Newly introduced requirements for companies include the integration of environmental social governance (ESG) into business processes and the regular conducting of emergency drills, among others. Importantly, any companies lacking valid operational eligibility approvals (Persetujuan Layak Operasi/PLO) for all operated installations will not be able to receive a score higher than 66.4%, which falls into the SMKM Assessment result category of Poor.

Commodities that can be categorized as certain goods ("Certain Goods") will be determined by the relevant technical agencies working with the Minister of Finance ("Minister") and the Minister of Trade through the issuance of Regulations that specifically address the list of Certain Goods for which transportation is supervised within customs areas. In addition, determinations of Certain Goods will be reported to the Minister through the Director-General of Customs and Excise ("Director-General") for the purpose of review. All carriers (pengangkut) of Goods must notify customs officials through customs offices that are located in the relevant loading and unloading ports using the Customs Notification for Certain Goods (Pemberitahuan Pabean Barang Tertentu "PPBT").

In order to further strengthen the transparency of conventional banks ("Bank") credit rates, the OJK now requires Banks to submit two types of Prime Lending Rate (Suku Bunga Dasar Kredit "SBDK") reports, specifically SBDK Publication Reports and SBDK Detailed Reports.

The types of incentives that are available to companies that manage and develop industrial areas ("Industrial Area Companies") and industrial companies that operate within said areas (collectively referred to as "Companies") have been expanded. Said incentives have been categorized into three types: 1) Fiscal incentives (e.g. taxation, customs, non-tax state revenue); 2) Non-fiscal incentives (e.g. immigration, land and labor); and 3) Regional incentives (e.g. regional tax and/or regional retribution exemptions). Additionally, the benefit of ease in terms of the construction and management of electrical power facilities for personal use remains available to Companies.

Under certain conditions, Banks will now be required to submit periodic resolution plans every two years commencing 30 November 2024. This obligation will apply to Banks that experience any significant changes in their financial conditions that may impact their assets, liabilities and/or equities. Any failure to comply with these resolution plans obligations will result in the imposition of administrative sanctions.

Packaging labels for tobacco and electronic cigarette products (collectively referred to as Products) are to be subject to stricter requirements, particularly in terms of statements on the minimum legal age for consumers and the number of harmful chemicals that are contained within Products. Both conventional tobacco products and electronic cigarettes must comply with these updated labeling provisions.