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Indonesia: Foreign ownership restrictions on electronic payment services

Description

The regulation introduces a foreign ownership cap of 20%, since, according to article 5(2), electronic payment service companies have to be at least owned to 80% by Indonesian citizens or Indonesian l...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

09 Nov 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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