TAXES
LAW
1
Schulz Noack Bärwinkel
2 Corporate
2 Corporate
3 Intellectual Property Rights
LUBIS, SANTOSA & MARAMIS
Law Firm
4 Intellectual Property Rights
4 Investment in Healthcare
Sector
5 Corporate Law
Luther LLP in collaboration with
Maqdir Ismail & Partners
6 Compliance
6 Investment in BPJS
7 Company Law
KPMG Indonesia c/o Siddharta
& Widjaja
8 Company Taxation
8 Tax Treaty
9 Company Taxation
PT Roedl Consulting
10 Transfer Pricing
10 Transfer Pricing
11 Corporate Taxation
Kudri & Djamaris, Attorneys –
Counsellors at Laws
12 Real Estate
12 Real Estate
13 Competition
N E W S L E T T E R
TAXES
8
th
Edition | December 2017
TABLE OF CONTENTS
LAW
I
n line with the theme of Healthcare adopted
by our Chamber magazine in this edition,
we would like to draw your attention to this
sector. Frost & Sullivan estimates that the total
healthcare expenditure as a percentage of GDP
would increase by 4.3% to reach US$50.8 billion
(Rp 687.6 trillion) in 2020. Meanwhile, with a
turnover of 337 billion euro – growing at a rate
of 4% annually – and an export rate of 64%, the
medical technology business in Germany is
among the largest in the world. To say Indonesia,
with its over 260 million population and growing
middle class, is a prospective market for German
medical technology may be an understatement.
Furthermore, the Indonesian Government
launched its universal healthcare program or
JKN (Jaminan Kesehatan Nasional), in 2014.
Within its arrangement is the Healthcare
and Social Security Agency, locally known as
BPJS (Badan Penyelenggara Jaminan Sosial).
These institutions have improved public
access to health services, expanding to reach
approximately 67.6% of the population within
two years. Meanwhile, government spending
accounts to a mere 38% of total healthcare
spending currently as it seeks to achieve 100%
coverage by 2019. The data clearly indicates that
the market is receiving a strong drive forward by
both public and private institutions.
Dear Members, dear Readers,
Cassandra S. Paulira
Head of Corporate Services
As for the day-to-day business, especially when
implementingspecial projectsbetween Indonesia
and Germany, companies are confronted with
diverse, often unexpected, legal and tax matters
– not to mention various bureaucratic obstacles.
In this regard, I would like to drawyour attention to
our Network Law & Taxes, which is done in close
cooperation between the German-Indonesian
Chamber of Industry & Commerce (EKONID)
and selected high profile and experienced law
firms, tax consultants and auditing firms from
Indonesia and Germany.
By integrating the expertise of our Network Law
& Taxes cooperation partners, German and
Indonesian companies gain a 360°-consulting
service in law and tax matters and can rely on
compliance with high standards for seriousness,
specific expertise and experience. For more
information of the Network Law & Taxes we
cordially invite you to visit our website www.
ekonid.com.
On behalf of the management and team, I would
like to say Happy New Year. May 2018 be a
prospective year for us all.
