Entering the Indonesian Market: What Foreign Investors Must Know About BKPM and OSS
Indonesia has become an increasingly attractive destination for foreign investors due to its large consumer market, abundant natural resources, and growing digital economy. However, entering the Indonesian market requires compliance with specific legal frameworks and licensing systems — namely through BKPM (Investment Coordinating Board) and OSS (Online Single Submission). Understanding these systems is crucial for […]
Can You Inherit Debt? What Indonesian Inheritance Law Says
Inheritance is usually associated with receiving assets from a deceased family member. But many people worry about something less pleasant: inheriting debt. In Indonesia, the answer depends on how the heirs handle the inheritance process. 1. Understanding Indonesian Inheritance Law According to the Indonesian Civil Code (KUHPerdata), an heir can inherit both assets and liabilities […]