Indonesia: Corporate/Commercial Law

On 4 June 2026, the Minister of Health (“MoH”) issued Regulation No. 6 of 2026 on Hospitals (the “New Hospital Regulation”), which was promulgated on 12 June 2026 and became effective on that date. The New Hospital Regulation is the single, consolidated Ministerial regulation now governing the Indonesian hospital sector, and it implements Articles 823, 830, 832, 850 (5), 861 (2), 862, and 876 of Government Regulation No. 28 of 2024 (“GR 28/2024”), which in turn implements Law No. 17 of 2023 on Health (the “Health Law”).

The Indonesian Stock Exchange has overhauled its listing framework through changes that reshape how companies prepare for IPOs and how existing listed companies manage their shareholder base.

As competition for quality assets intensifies in mergers and acquisitions, traditional relationship-driven deal origination is being transformed by technology-enabled market intelligence. Leading advisory firms are now combining systematic market screening with relationship-led execution to identify opportunities earlier and engage before they become widely visible.

On 30 April 2026, the Minister of Manpower (“MoM”) issued MoM Regulation No. 7 of 2026 on Outsourced Work (Pekerjaan Alih Daya) ("MoM Reg. 7/2026"). The regulation implements Article 64(2) of Law No. 13 of 2003 on Manpower (“Manpower Law”), as amended by Law No. 6 of 2023, and follows up on Constitutional Court Decision No. 168/PUU-XXI/2023.

On June 30, 2026, Indonesia’s National Agency of Drug and Food Control (BPOM) issued BPOM Regulation No. 11 of 2026 on Food Packaging, which expands the list of approved food-contact substances and recognizes a broader range of permissible functions for those substances. The new regulation, which revokes BPOM Regulation No. 20 of 2019, reflects developments in packaging technology and materials science.

Indonesia has eliminated copyright registration fees for songs and musical works, reducing costs from $11 to zero in an effort to build a comprehensive national music database. While the policy is expected to significantly benefit domestic copyright owners by encouraging active registration, foreign rights holders may see limited practical advantages as they continue to face enforcement challenges in the country.

Danantara was established under Law No. 1 of 2025 on Third Amendment to Law No. 19 of 2003 on State-Owned Enterprises, enacted on 24 February 2025, with the implementing frameworks detailed in Government Regulation (“GR”) No. 10 of 2025 on Organisation and Governance of Danantara Investment Management Agency, as amended by GR No. 19 of 2026 (“GR 10/2025”).

On 30 April 2026, the Minister of Manpower (“MoM”) issued MoM Regulation No. 7 of 2026 on Outsourced Work (Pekerjaan Alih Daya) ("MoM Reg. 7/2026"). The regulation implements Article 64(2) of Law No. 13 of 2003 on Manpower (“Manpower Law”), as amended by Law No. 6 of 2023, and follows up on Constitutional Court Decision No. 168/PUU-XXI/2023.

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".

Doing Business In Comparative Guide for the jurisdiction of Indonesia, check out our comparative guides section to compare across multiple countries

In an effort to strengthen the governance framework for commercial banks, Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued Circular Letter No. 14/SEOJK.03/2025...

As a general rule in Indonesia, the appointment of a member of the board of directors (BOD) is conducted through a general meeting of shareholders (GMS), in accordance with Article 94, paragraph 1 of the Company Law.