Indonesia: Announcement of new measures on foreign direct investment for e-commerce
Description
Announcement of new measures on foreign direct investment for e-commerce
On 2 February 2021, Indonesia issued Presidential Regulation No. 10/2021 to remove the ban on foreign investment in e-commerce service providers. The new maximum foreign investment in providers of e-commerce services is increased from 49% to 100%.
Original sourceScope
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
platform intermediary: e-commerce
Category
Location-specific
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
service (digitally delivered): distribution (any form)
Regulatory tool
Foreign investment screening
Sanctions
Regulated subjects
1