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Amendment to BKPM Regulation No. 5 of 2013

03 October 2013

The Indonesian Investment Coordination Board (BKPM) Regulation No. 5/2013 on the Guidelines and Procedures for Licences and Non-Licences for Capital Investment dated 8 April 2013 (the Reg 5/13) drew controversy on a number of issues. Please refer to our client alert dated 14 May 2013.

BKPM has issued BKPM Regulation No. 12/2013 (the Reg 12/13) on the amendment of Reg 5/2013. The amendment is dated 11 September 2013 and was promulgated in the State Gazette on 18 September 2013.

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