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FDI: Entry and ownership rule
On 1 February 2012, the Indonesian Ministry of Finance issued regulation 18/PMK.010/2012 updating the regulations on venture capital companies. The changes included an increased maximum paid-in capital of 85% by foreign entities (art. 20 of the regulation). Previously the maximum cap was set at 80% (cf. Related Measures).
The regulation came into force on the day of its issuance.
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