Insights

MINISTER OF FINANCE REGULATION NO. 55 OF 2026 ON TAX CONSULTANTS AND OTHER PARTIES ACTING AS TAXPAYER REPRESENTATIVES

In line with the development of Indonesia’s tax system and the increasing role of tax professionals in supporting taxpayer compliance, the Government has issued Minister of Finance Regulation (PMK) No. 55 of 2026 concerning Tax Consultants and Other Parties Acting as Taxpayer Representatives. This regulation replaces PMK No. 111/PMK.03/2014, as most recently amended by PMK … Read more

Sustainability Governance

Sustainability governance is becoming increasingly important as regulatory requirements and expectations from investors, customers, and other stakeholders continue to grow. Sustainability is no longer merely a reporting agenda, but has become an integral part of corporate decision-making, risk management, and strategy. In Indonesia, regulatory developments, including OJK Regulation No. 51/POJK.03/2017 and the implementation of PSPK … Read more

Sustainability Disclosures

The issuance of Sustainability Disclosure Standards 1 (PSPK 1) and PSPK 2 marks a strengthening of sustainability reporting in Indonesia. Approved on 1 July 2025 and effective for annual reporting periods beginning on or after 1 January 2027, the two standards refer to IFRS S1 and IFRS S2. This article discusses PSPK 1 as the … Read more

Sustainability Verification

Sustainability reporting in Indonesia has entered a critical phase amid the strengthening of sustainability disclosure and assurance regulations and standards. Although POJK 51/2017 requires sustainability reporting, challenges remain, particularly limited disclosure of Scope 3 emissions and the absence of a comprehensive mandate for sustainability assurance. These conditions may increase the risk of greenwashing and undermine … Read more

Sustainability Technology

The use of technology in sustainability is not only about digitalization, but also about a company’s ability to manage data in an integrated, accurate, and accountable manner. Sustainability data scattered across different organizational functions often makes data collection and reporting inefficient. An ESG Data Management System can help integrate data, assign responsibilities, store supporting evidence, … Read more

Sustainability Verification

Business activities affect the environment through the use of energy and natural resources, emissions, water consumption, waste generation, land-use change, and impacts on biodiversity and ecosystems. At the same time, changes in environmental conditions can also affect corporate resilience and performance. Therefore, understanding sustainability impacts requires a two-way perspective: how the environment affects companies and … Read more

SW NIHAO Newsletter Edition September 2026

SUSTAINABILITY UPDATE Sustainability Governance可持续发展治理Tata Kelola Keberlanjutan Sustainability Disclosures可持续发展信息披露Pengungkapan Keberlanjutan Sustainability Verification可持续发展鉴证Verifikasi Keberlanjutan Sustainability Technology可持续发展技术Teknologi Keberlanjutan Sustainability Impact可持续发展影响Dampak Keberlanjutan

MINISTER OF FINANCE REGULATION OF THE REPUBLIC OF INDONESIA NUMBER 49 OF 2026 ON THE PROCEDURES FOR THE COLLECTION OF VALUE ADDED TAX ON FOREIGN DIGITAL TRANSACTIONS CONDUCTED THROUGH THE FOREIGN DIGITAL TRANSACTION TAX COLLECTION SYSTEM

As cross-border digital transactions conducted by domestic taxpayers continue to increase, the mechanism for collecting Value Added Tax (VAT) on such transactions has not yet been implemented optimally. To align tax administration with developments in the digital economy and improve the efficiency, effectiveness, and certainty of tax collection, the Government issued Minister of Finance Regulation … Read more

THE DYNAMICS OF TRADE AND COMPETITION LAW: EXAMINING THE IMPLICATIONS OF GOVERNMENT REGULATION NO. 3 OF 2026

Introduction On January 15, 2026, the government officially enacted Government Regulation (PP) Number 3 of 2026 concerning the Amendment to Government Regulation Number 29 of 2021 on the Implementation of the Trade Sector. This Government Regulation does not merely update the technical operational provisions for licensing in the trade sector; rather, it introduces a significant … Read more