A Recap of All Major Regulations Released in 2021
Summary
- Major changes to the tax rules will occur in 2022, mostly due to the implementation of the Omnibus Law on Tax Regulation Harmonization, which was passed in mid-2021.
- Government Regulation regarding Wages -- one of the implementing regulations for the Omnibus Law on Job Creation -- has been released and changed the wage landscape in 2022.
- The Financial Services Authority (OJK) released several regulations regarding the digital economy and loan restructuring.
- Regulations are released for two “conflicting sectors”: green economy and mining.