Global Trade Alert
Global Trade Alert

Indonesia: Introduced Omnibus Bill to attract foreign investments

Announcement

02 Nov 2020

In November 2020, Indonesia introduced Omnibus Bill aiming to attract foreign investments.

Source

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Number of interventions

5

1 certainly harmful

0 likely harmful

4 liberalising

List of interventions

5 in force

Implementation date

02 Nov 2020

Revocation date:

No revocation date

Labour market access In force

On 2 November 2020, Indonesia issued the Omnibus Bill that amended 73 existing laws. Under this Bill, Indonesia exempted the work permit requirement for the following foreign workers: Directors or co...

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FDI: Entry and ownership rule In force

On 2 November 2020, through the issuance of the Omnibus Bill, Indonesia liberalized some entry and ownership rules to facilitate foreign investments as follow: foreigners, foreign legal entities, and...

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Intellectual property protection In force

On 2 November 2020, Indonesia issued Omnibus Bill that broadened the patent implementation in Indonesia. Previously, Indonesia required the patent holder to implement its patent by producing the produ...

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FDI: Entry and ownership rule In force

On 2 November 2020, Indonesia issued the Omnibus Bill that removed the ban on the use of foreign vessels for special marine transportation activities. The Omnibus Bill stipulated that if Indonesian-fl...

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Implementation date

02 Nov 2020

Revocation date:

No revocation date

Public procurement localisation In force

On 2 November 2020, Indonesia issued the Omnibus Bill. Under this Bill, Indonesia required that at least 40 percent of the government procurement of goods and services must be supplied by the local SM...

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