Investing in Indonesia after the Enactment of the Omnibus Law

The Job Creation Omnibus Bill was enacted by the President of the Republic of Indonesia as Law No. 11 of 2020 concerning Job Creation on 3 November 2020 (the "Job Creation Act" or more famously known as the "Omnibus Law"). was formed by upholding the goal of advancing Indonesia, in which the primary purposes are to boost national economic growth by increasing investment, easing of doing business in Indonesia, and enlarging the job opportunities of Indonesian workers. In this event, Maurice will be sharing the large impact of the Omnibus Law in relation to investing in Indonesia; including about rearrangement of business licensing authorities between the Central and Regional governments, the Risk-Based OSS System, and the Positive Investment List.

Laws of Financing in Indonesia

Economic growth and development in Indonesia are encouraging continuous business development. Along with the development of businesses, the interest in financing in Indonesia nowadays, whether from banks or other institutions, is still be the main alternative, especially for corporate business actors. In the financing process, securities have a very important function to secure the repayment. In this event Fabiola will be speaking about the types of security that are commonly required in the provision of financing and how to foreclose on the securities.

Indonesian Labour Law

When it comes to industrial relationship between the employer and employees, people often tend to focus more on the termination issues and the compensation package that the employees would receive and the employer to pay and often forget to discuss on how importance the role of the employees in helping the company to have a smooth operation, generate income, have its business expanding or simply to keep running especially in this pandemic situation. And in order to ensure that each role is at its optimum function, to each role is given list of obligations and responsibilities. With this opportunity, Linna will share the obligations of employees in general and some obligations that may sound new to the employees.

Port and Shipping Business in Indonesia

Nearly 85% of palm oil is produced in just two countries - Indonesia and Malaysia. In 2019, Indonesia produced 42.5 million tons, 58% of global production, while 19 million tons came from Malaysia - 26% of the global supply. The prospect of the CPO (Crude Palm Oil) market in the future looks very bright for both domestic and export. One of the important parts in the palm oil business is product transportation, especially transportation by ship considering Indonesia's geographical conditions. Michael Kaihatu will share information and knowledge about the legal aspects of Indonesian ports and shipping related to the palm oil business and the current legal issues.

Integrated Management Systems - Iso 14001:2015 (Ems) And Iso 45001:2018 (Ohsms) Refresher

The Environmental, Occupational, Health and Safety Management System (EMS and OSH) awareness program provides information about the key improvements in the EMS and OSH processes based on the ISO standard (ISO14001 and ISO45001). On top of that, the trainer will also share the EMS and OSH related legislative framework, organization's activities, products, and services, associated with OSH hazards and risks and will guide the participant in how to identify and manage their significant EMS and OSH hazards and risks by implementing an EMS and OSH management system.

Taxability of Benefits-in-kind

This technical discussion with regards to Benefits in Kind will allow participants to understand the Inland Revenue Board's tax treatment on the various benefits in kind received by employees. Examples of the tax treatment will be elaborated.