In 2022, the Government of Indonesia through the Ministry of Finance officially increases the rate of Value Added Tax (“VAT”) from 10 percent to 11 percent starting April 1, 2022 as mandated through Article 7 of Law Number 7 of 2021 on the Harmonization of Tax Regulations (“HPP Law”). This policy is the result of…
Pro Bono and Pro Deo are terms that are very well known to those who work in the legal field, especially Advocates. However, these two terms may not be fully understood by the general public, including people who are in need of legal assistance when dealing with legal cases in court. Therefore, a comprehensive understanding…
Force Majeure is a condition rarely heard about in our daily activities. However, in practice, Force Majeure is something that has a great influence on business activities carried out by business actors once it happens. Thus, Force Majeure clauses are usually agreed upon in advance by the parties, and set forth in an agreement. …
The world of the future will experience many changes in energy use. This is due to a massive shift in a number of technologies. The increase in electricity consumption in the future is one of them. One form of this revolution is the use of electric vehicles which are slowly shifting away from the use…
Juridical basis is a term often found in general when discussing laws and regulations, especially in terms of their formation. Laws and regulations or so-called legislation is the main instrument owned by a state of law (Rechtsstaat). Article 1 paragraph 3 of the 1945 Constitution of the Republic of Indonesia (Undang-Undang Dasar 1945, “CRI 1945”)…
ADCO Law expands its corporate practice with the appointment of Danil Pratama as Mid-Associate to lead the Competition Law & Anti-Trust Team. The practice area was launched on ADCO Talks (31/3), a webinar discussing the current updates on the regulatory framework related to competition law & anti-trust, where Mrs. Sukarmi, Former Member Commissioner of Indonesia…
ADCO Law launches a new program called ADCO Law Youth Program (ALYP). Through this new program, ADCO selected hundreds of applicants both students and fresh graduates from top universities in Indonesia. This program is initiated by the firm to regenerate aspiring lawyers for ADCO Law’s next generation lawyers. Through the ALYP, the participants will be…
Legality documents are one of the important things needed by a company in carrying out its business activities in addition to business capital, especially when starting a startup business, for example. Legality documents are evidence that a company is registered as a legal business entity. Further, legality documents also serve as a tool to develop…
ADCO Law announces its new office as part of business growth. Located in the heart of Jakarta, surrounded by business districts and urban developments, the office remains the same at the Setiabudi Building, part of the Setiabudi One Area. In this pandemic situation, the firm is still implementing a partial work-from-home policy and other preventive…
ADCO Law represented PT Berkah Kawasan Manyar Sejahtera (“BKMS”), a subsidiary of PT AKR Corporindo, Tbk and the operator of JIIPE Industrial Estate in Gresik, East Java in a Power Purchase Agreement with PT PLN (Persero) (“PLN”) and back-to-back Power Purchase Agreement to PT Freeport Indonesia (PT FI). PLN will supply the electricity needs of…
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