A Recap of All Major Regulations Released in 2021

Indonesian trade campaign
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.

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