Indonesia requires work permit for foreign directors

0
2569
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Under a regulation issued by the Director General of Customs and Excise (DGCE), which became effective on 1 March 2017, all importers and exporters operating in Indonesia that intend to apply for, amend or renew their Customs Registration Number (NIK) now need to: (1) ensure that their foreign directors have work permits (IMTAs); and (2) provide a copy of the IMTA to the DGCE with the NIK application.

Old regulation

Under Minister of Trade Regulation No. 70/M-DAG/PER/9/2015 on Importer Identification Numbers (APIs), importers are only required to provide identification for the signatories of the API application and documents.

This approach was adopted by the Customs Office on NIK applications, i.e.,
the Customs Office only required identification for the signatory of the NIK application.

New regulation

Under the new DGCE Regulation No. PER-04/BC/2017 on Customs Registration Implementation Guidelines, NIK applications importers must now provide a copy of the IMTA of every foreigner who: (1) is on the board of directors of a company; and (2) holds a leadership role in a company, even if they do not reside in Indonesia.

In addition, importers must also provide a copy of the passport of every foreigner who: (1) is on the board of commissioners; and (2) owns shares in the company.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

Business Law Digest is compiled with the assistance of Baker McKenzie. Readers should not act on this information without seeking professional legal advice. You can contact Baker McKenzie by emailing: Danian Zhang at danian.zhang@bakermckenzie.com, or for general enquiries contact Anand Ramaswamy at anand.ramaswamy@bakermckenzie.com

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link