Latest Regulatory Updates

The government has introduced new regulations concerning risk-based business licensing. This approach simplifies the process for low-risk businesses while ensuring rigorous oversight for high-risk activities. Our team is ready to guide you through these changes to ensure your business remains compliant and competitive in the new regulatory landscape.

Minister of Finance Regulation No. 92/PMK.03/2019 provides updated guidelines on tax procedures for corporate entities. Understanding these nuances is critical for effective tax planning and compliance. We provide detailed analysis and consultation to help your firm navigate these financial regulations efficiently.

Regulation No. 93/PMK.03/2019 focuses on reporting requirements and documentation standards for international business operations. This regulation aims to align local practices with global transparency standards. MCS Consulting offers specialized support to ensure your international documents meet these rigorous new requirements.

The President of the Republic of Indonesia has issued the Government Regulation concerning the Implementation of Risk-Based Business Licensing (PBBR). PBBR is business licensing that utilizes a risk-based approach obtained from the results of a risk analysis of each business activity. 40 General Provisions & Definitions: 1. Risk-Based Business Licensing (PBBR): Business licensing using a risk-based approach obtained from the results of a risk analysis of each business activity. 2. Risk: The potential for injury or loss from a hazard or a combination of the probability and consequences of a hazard. 3. Business Licensing (PB): The legality granted to Business Actors to start and run their business and/or activities. 4. Business Licensing to Support Business Activities (PB UMKU): The legality granted to Business Actors to support business activities. 5. Central Government: The President of the Republic of Indonesia who holds the governing power of the state of the Republic of Indonesia, assisted by the Vice President and ministers as referred to in the 1945 Constitution of the Republic of Indonesia. 6. Local Government: The regional head as the organizing element of regional government who leads the implementation of governmental affairs within the authority of the autonomous region. 7. Special Economic Zone (KEK): A Special Economic Zone as regulated in the laws and regulations in the field of special economic zones. 8. Free Trade Zone and Free Port (KPBPB): A Free Trade Zone and Free Port as regulated in the laws and regulations in the field of free trade zones and free ports. 9. Administrator of the Special Economic Zone (KEK Administrator): The KEK Administrator as regulated in the laws and regulations in the field of special economic zones. 10. Free Trade Zone and Free Port Authority (KPBPB Authority): The KPBPB Authority as regulated in the laws and regulations in the field of free trade zones and free ports. 11. Business Actor: An individual or business entity that conducts business and/or activities in a specific field. 12. Business Identification Number (NIB): Proof of registration of the Business Actor to conduct business activities and serves as their identity in carrying out their business activities. 13. Standard Certificate: A declaration and/or proof of compliance with the standards for implementing business activities. 14. Permit: The approval of the Central Government or Regional Government for the implementation of business activities that must be fulfilled by Business Actors before conducting their business activities. 15. Statement of Commitment for Environmental Management and Monitoring (SPPL): A statement of commitment as referred to in the laws and regulations in the field of environmental protection and management. 16. Environmental Management Efforts and Environmental Monitoring Efforts (UKL-UPL): Management and monitoring efforts as referred to in the laws and regulations in the field of environmental protection and management. 17. Supervision: An effort to ensure the implementation of business activities is in accordance with the standards for implementing business activities carried out through a Risk-based approach and obligations that must be met by Business Actors. 18. Micro and Small Enterprise (UMK): A Micro Enterprise and Small Enterprise as referred to in the Law concerning Micro, Small, and Medium Enterprises. 19. Micro, Small, and Medium Enterprise (UMK-M): A Micro, Small, and Medium Enterprise as referred to in the Law concerning Micro, Small, and Medium Enterprises. 20. Indonesian Standard Industrial Classification (KBLI): The classification code regulated by non-ministerial government institutions that carry out government duties in the field of statistics. 21. Electronically Integrated Business Licensing System (Online Single Submission) or OSS System: An integrated electronic system managed and administered by the OSS institution for the implementation of PBBR. 22. OSS Management and Administering Institution (OSS Institution): The ministry/body that administers government affairs in the field of investment and government duties in the field of investment coordination. 23. Investment: Investment as regulated in the laws and regulations in the field of investment. 24. Foreign Investment: Foreign Investment as regulated in the laws and regulations in the field of investment. 25. One-Stop Integrated Investment and Licensing Service (DPMPTSP): A regional apparatus organization of provincial or district/city governments tasked with administering regional government affairs in the field of Investment. 26. Day: A working day in accordance with that determined by the Central Government. 27. Space Utilization Activity Conformity (KKPR): The suitability between space utilization activity plans and spatial plans. 28. Marine Space Utilization Activity Conformity (KKPRL): The suitability between space utilization plans and spatial plans for business locations situated at sea. 29. Environmental Approval (PL): The Environmental Approval as regulated in the laws and regulations in the field of environmental protection and management. 30. Building Approval (PBG): The Building Approval as regulated in the laws and regulations in the field of building structures. 31. Building Structure: A Building Structure as regulated in the laws and regulations in the field of building structures. 32. Building Function Worthiness Certificate (SLF): The certificate as regulated in the laws and regulations in the field of building structures. 33. Spatial Plan (RTR): The Spatial Plan as regulated in the laws and regulations in the field of spatial planning. 34. Detailed Spatial Plan (RDTR): The Detailed Spatial Plan as regulated in the laws and regulations in the field of spatial planning. 35. Environmental Impact Analysis (Amdal): The Environmental Impact Analysis as regulated in the laws and regulations in the field of environmental protection and management. 36. Environmental Impact Assessment (Andal): The Environmental Impact Assessment as regulated in the laws and regulations in the field of environmental protection and management. 37. Environmental Management Plan (RKL): The Environmental Management Plan as regulated in the laws and regulations in the field of environmental protection and management. 38. Environmental Monitoring Plan (RPL): The Environmental Monitoring Plan as regulated in the laws and regulations in the field of environmental protection and management. 39. Environmental Feasibility Test Team: The team as regulated in the laws and regulations in the field of environmental protection and management. 40. Non-Tax State Revenue (PNBP): Non-Tax State Revenue as regulated in the laws and regulations in the field of non-tax state revenue.

The Minister of Law of the Republic of Indonesia has issued Ministerial Regulation Number 49 of 2025 concerning the Requirements and Procedures for the Establishment, Amendment, and Dissolution of Limited Liability Company (PT) Legal Entities. This regulation aims to optimize and reorganize the implementation of legal services for limited liability companies under the Ministry of Law, creating a more transparent, effective, accountable, and easily accessible framework. 10 General Provisions & Definitions: 1. Limited Liability Company (Perseroan): A legal entity which is a capital partnership, established based on an agreement, conducting business activities with authorized capital entirely divided into shares, or an individual legal entity that meets the criteria of micro and small enterprises as regulated in the laws and regulations concerning micro and small enterprises. 2. General Meeting of Shareholders (RUPS): The organ of the Company that holds authority not given to the board of directors or the board of commissioners within the limits specified in the law concerning Limited Liability Companies and/or the articles of association. 3. Beneficial Owner: An individual who can appoint or dismiss directors, board of commissioners, management, trustees, or supervisors of a corporation, possesses the ability to control the corporation, is entitled to and/or receives benefits from the corporation either directly or indirectly, is the true owner of the funds or shares of the corporation, and/or meets the criteria referred to in the laws and regulations. 4. Legal Entity Administration System (SABH): An electronic information technology service of the Company administered by the Directorate General of General Law Administration. 5. Statement of Establishment: The electronic registration form for the establishment of an individual Company founded by 1 (one) person. 6. Statement of Amendment: The electronic registration form for amendments to an individual Company. 7. Statement of Dissolution: The electronic registration form for the dissolution of an individual Company founded by 1 (one) person. 8. Minister: The minister who administers government affairs in the field of law. 9. Director General: The Director General of General Law Administration. 10. Day: A calendar day.