IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 09 Nov 2016 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

The regulation introduces a foreign ownership cap of 20%, since, according to article 5(2), electronic payment service companies have to be at least owned to 80% by Indonesian citizens or Indonesian legal entities. Previously, no foreign ownership restrictions for this sector were in place.

AFFECTED COUNTRIES

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TABLE
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