Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Indonesia | Publication | September 2019
Decree No. 228 of 2019 (Decree 228/2019) came into effect on 27 August 2019, which simplifies and revokes previous decrees of the Ministry of Employment (MoE) to widen the type of job titles allowed for foreign professionals to work in Indonesia.
In an effort to address issues commonly cited by foreign investors as hindrance to investing in Indonesia, related regulators are in the process of reviewing and simplifying a set of regulations, including the employment of foreign professionals.
As well as driving foreign direct investment in Indonesia, the decree is expected to attract highly-skilled and experienced foreign workers to fill the skills gap in the Indonesian workforce as Indonesia works on its transition from a resource-based to a skills-based economy.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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