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Author: Rika R Rusman

News Flash: Lower Minimum Capital Requirement for Foreign Investment Companies (PT PMA)

November 5, 2025November 5, 2025Rika R RusmanLeave a comment

On 2 October 2025, the Minister of Investment/Head of the Investment Coordinating Board issued regulation No. 5 of 2025 (“BKPM Regulation 5/2025”) introducing a lower minimum capital requirement for foreign investment companies (“PT PMA”). Under this regulation, PT PMAs are required to
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Risk-Based Licensing Framework under GR 28/2025 – A Continuous Improvement

September 3, 2025September 3, 2025Rika R RusmanLeave a comment

On 5 June 2025, the Indonesian Government issued Government Regulation on Risk-Based Business Licensing No.28/2025 (“GR 28/2025”), replacing Government Regulation No. 5/2021 (“GR 5/2021”) on the same matter. The goal of this new regulation is to enhance regulatory certainty for businesses in
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