Indonesia: Contracts and Commercial Law

Two separate regimes now govern Indonesian natural resource exports and must be checked on every shipment: the DSI/Export SoE export monopoly under GR 24/2026, which currently covers coal, crude palm oil and ferro-alloy and channels their export exclusively through Export SoE; and DHE SDA, the foreign exchange retention regime that requires most mining, plantation...

On 20 May 2026, the President of the Republic of Indonesia enacted Government Regulation (“GR”) No. 24 of 2026 on the Governance of Export of Strategic Natural Resource Commodities (“GR 24/2026”), which took effect on 1 June 2026. Note that while GR 24/2026 is already in force, the requirement to export Strategic Commodities exclusively through the designated state-owned enterprise is subject to a separate transition deadline, discussed further below under "Transitional Arrangements".

Indonesia is implementing a centralized export governance framework through Government Regulation No. 24 of 2026, requiring strategic natural resource commodities including coal, palm oil, and ferro alloy to be exported through a designated state-owned enterprise. This regulatory shift, effective June 1, 2026, may fundamentally alter existing commercial arrangements, shipping logistics, and contractual relationships between Indonesian exporters and offshore buyers.

Indonesia's growing economy offers a wealth of opportunities for foreign investors. Nonetheless, as in any jurisdiction, investors should obtain proper advice before entering commercial...

On March 14, 2025, Indonesia's Director General of Customs and Excise issued Regulation No. PER-5/BC/2025 ("DGCE Reg. 5/2025"), amending Regulation No. P-22/BC/2009 ("DGCE Reg. 22/2009")...

In February 2025, Indonesia's National Agency of Drug and Food Control (BPOM) took decisive action by recalling 91 illegal and hazardous cosmetics and skincare products that lacked proper Distribution Permits. These products were found to contain hazardous substances, including mercury, which with long-term exposure can pose serious health risks, such as an increased risk of cancer.

Technological development has brought rapid, radical change to the financial-services industry around the world, and Indonesia is no exception. While the country's financial-products market...

As part of the "do you know" series from the Asian Business Law Institute (ABLI), SSEK partner Fransiscus Rodyanto and SSEK associate Putri Miqaila Ameena look at the Administrative...

SSEK Legal Consultants has contributed the Indonesia chapter to the publication Contract Laws of Asia – Indemnities.