Capabilities

The vision of the current government regime is clear, that is to develop our human resources skills to serve the demand from various business sectors as well as to continue the physical development (read: infrastructure) which has won lots of praise from local and abroad.

 

The government also insists that the only way to bring Indonesia as top five-economy in 2045 is by improving investment climate, culminated by the introduction of the sweeping-reform laws better known as the “omnibus law” and the Job Creation Law in 2020. 

 

Whether it is deregulation or omnibus law, we believe the cure is how well we treat the investors in the post period of issued permits. Most improvements have only been made in the initial permit phase and do not touch the problems afterwards, especially during operational phase. Our investment problems include (i) high cost of doing business, mainly caused by logistics, acquisition and procurement, (ii) persistent corruption, including demands for “facilitation” payments and (iii) uncertainty in long-term regulatory and contract.

 

This ease of doing business has certainly lured foreign investor to come to Indonesia whether in the form of PMA (foreign investment) company or other type of presence or establishment. At our corporate and investment practice, we provide comprehensive services in phases of plan, incorporation and operation, to make sure such investment sustain and well protected within the corridor of laws and regulations.

 

In plan phase, it is imperative to really understand what the investor aims and how realistic it is. We, at MAPS, provide options and diligently go through the opportunities and obstacles of each of them, both from the legal framework as well as the practice point of views. Whether it is in the form of project procurement or straight establishment of a business entity, our experience shows that it is only beneficial that regular consultation with the regulatory agencies or governmental authorities is done with the most ethical approach.

 

In the incorporation phase, we make sure the establishment and its process follow and comply with all the laws and regulations. Business incorporation in Indonesia involves many rules which in most cases require further interpretation and confirmation from the regulatory agencies or governmental authorities. The ever-changing policies and broad discretion do not help the country’s perception to the investor in providing steady and consistent measures. We, at MAPS, make sure that every sub-phase conforms with the laws and regulations as well as with the regulatory agencies or governmental authorities.

 

In operation phase, we advise clients on their day-to-day operational issues as well as complex transactions, such as M&A, corporate finance and security, competition, that are crucial to their business development. Our lawyers possess abundance of experience in handling sophisticated transactions in various industries and sectors.