Regulation on Foreign Investment Restrictions and Nominee Practices in Indonesia  

Oleh:

Kairupan, David

Jenis: Article from Journal - ilmiah nasional - terakreditasi DIKTI
Dalam koleksi: Mimbar Hukum vol. 25 no. 02 (Jun. 2013), page 3313-326.
Topik: negative list; nominee; PMA; KBLI; daftar negatif
Fulltext: 438-698-1-SM_Ros.pdf (400.0KB)

Isi artikel

Certain provisions of Presidential Regulation No. 36 of 2010 concerning Negative Investment List are not clearly stipulated. In relation to the restrictions of foreign investment in certain business sectors as specified in the Negative Investment List Article 33 para. (1) and (2) of the 2007 Investment Law expressly prohibits investors from entering into any nominee shareholding documentation. Notwithstanding, many nominee shareholding practices are still employed in Indonesia, aiming to circumvent such restrictions. This paper addresses certain issues on Presidential Regulation No. 36 of 2010 and nominee shareholding practices in Indonesia.

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