A panoramic view of a modern city skyline during sunset, featuring a variety of skyscrapers and buildings with reflective glass and distinct architectural styles. The sky is a blend of warm colors, suggesting the end of the day.

Indonesia

Luther law firm has been collaborating with Maqdir Ismail & Partners in Jakarta, Indonesia over a long period of time. Luther’s lawyers have constantly been assigned to consult clients in Indonesia while relying on Maqdir Ismail & Partners’ local expertise. Our foreign lawyers focusing on Indonesian matters, speak Bahasa Indonesia and are able to fully support our clients with all Indonesian matters, be it compliance, corporate, employment or immigration matters, co-operation or distributorship agreements, just to name a few of the matters we frequently deal with.

The team at Maqdir Ismail & Partners that is exclusively assigned to deal with Luther’s clients, is made up of both foreign and Indonesian lawyers that specialize in the corporate, regulatory and commercial matters most relevant to foreign investors. The Indonesian head of the team spent 8 years advising international clients in a magic circle firm and thereafter worked as in-house counsel in one of Indonesia’s foremost conglomerates before joining us.

Maqdir Ismail & Partners is one of the most prestigious lawfirms in Indonesia. The firm has a long tradition of advising on corporate, compliance and M&A matters and in representing Indonesian and international corporate clients in their commercial activities in Indonesia. Since M&A transactions as well as JV structures do require a vast number of approvals from authorities, their routine in handling respective compliance matters has proven invaluable in the past.

Our Legal and Tax Advisory Services

Antitrust Law
  • Support with corporate transactions, privatisations and the establishment of joint ventures
  • Review of distribution, licensing and cooperation agreements
  • Merger and abuse control proceedings (inbound and outbound)
  • Representation of interests before antitrust authorities
  • International trade (WTO, EU foreign trade law, anti-dumping, export control)
Capital Markets and IPOs
  • IPOs (inbound and outbound)
  • Capital measures (capital increase against cash contribution, capital increase against contribution in kind and capital reduction)
  • Advice to managing directors, executive board members and supervisory board members
  • Ongoing advice on corporate governance and compliance within the company
Corporate Law
  • Choice of legal form and establishment of companies and representative offices
  • Articles of association, statutes, internal regulations
  • National and international joint ventures
  • Liquidation and insolvency proceedings
  • Shareholder disputes/claims for damages against members of executive bodies
  • Representation in corporate arbitration proceedings
Compliance
  • Compliance with anti-corruption regulations
  • Corporate governance and compliance within the company
  • Compliance with employment law provisions
  • Compliance with regulatory provisions
  • Data protection
  • Compliance with tax regulations
Employment Law
  • Employment contracts for employees, executives and managing directors
  • Restructuring of companies, redundancies and redundancy plans
  • Postings
  • Legal disputes
  • Social security law
Foreign Direct Investment and Market Entry
  • Support with and advice on selecting a site
  • Representation before supervisory authorities
  • Advice on a suitable market entry
  • Planning, structuring and establishment of companies, subsidiaries and liaison offices
  • Establishment of local head offices and holding companies
Immigration Law
  • Long-term and short-term work and residence permits
  • Applying for work permits, residence permits for dependants and visas for entrepreneurs 
Industrial Property Rights and Technology Transfer
  • Development and implementation of intellectual property protection strategies
  • Registration of trademarks, designs and patents
  • Defence of industrial property rights
  • Licensing contracts, research and development contracts
  • Outsourcing contracts
International Trade and Distribution Law
  • Review and drafting of general terms and conditions
  • Supply and purchase contracts
  • Product liability: judicial and extrajudicial defence against claims, assertion of rights of recourse, advice on the implementation of product recalls
  • Distribution and commercial agency contracts
Litigation and Dispute Resolution
  • International litigation and litigation advice
  • Legal representation before domestic courts
  • Representation in national and international arbitration proceedings
  • Settlement of investment disputes
M&A Advice
  • National and cross-border company acquisitions
  • Due diligence audits
  • Takeovers by own or external management (MBO/MBI)
  • Acquisition and project finance
  • National and international corporate restructuring measures
  • Change of corporate form and mergers
  • Post-merger integration
Real Estate Law
  • Real estate purchases and transfers
  • Representation before authorities
  • Advice on the drafting and negotiation of rental and lease contracts
Tax
  • International taxes (inbound and outbound)
  • Direct and indirect taxes
  • Tax structuring of corporate transactions
  • Transfer prices
  • Appeals and legal action in tax and duty matters
Data Protection Law
  • Comprehensive advice on Indonesian and European data protection law
  • Advice on introducing data protection-compliant business models and processes
  • Support for internal data protection officers
  • Appointment and support as external data protection officer
  • Creating and updating documents relevant to data protection law (e.g. internal/external data protection guidelines, declarations of consent and notifications to employees)
  • Data protection training
  • Advice on the assignment of data processors and the drafting of data processing contracts
  • Advice on international data transfers and the drafting of data transfer agreements
  • Support in dealing with personal data breaches (drafting of plans to deal with personal data breaches, assessing whether a personal data breach must be reported, communicating with data subjects and data protection supervisory authorities)
  • Representation before data protection supervisory authorities
  • National and international data protection audits
  • Support in the preparation of a data inventory

Our Corporate Services

Accounting & Financial Reporting

At Luther Corporate Services we perform the time-consuming accounting tasks, which a business must undertake, thus allowing our clients to concentrate on growing their businesses.

1. Bookkeeping

  • Setting up the chart of accounts
  • Recording of all payments and funds received
  • Preparation of monthly bank reconciliation statements
  • Recording of all sales and trade debtors
  • Recording of all purchase and trade creditors
  • Recording of prepayments and accruals
  • Recording of all assets purchased and related depreciation
  • Recording of all Value Added Tax (VAT) on the taxable purchases/supplies
  • Extraction of monthly trial balances and general ledger

2. Management Reports

  • Compiling of profit and loss account and balance sheet
  • Generating aged financial analysis of debtors and creditors
  • Business advisory services such as accounting reports and preparation of business plans
  • Budget preparation and comparison and analysis of key components of financial performance

3. Statutory Accounting

  • Preparation of financial statements
  • Preparation of consolidated financial statements which includes the consolidated cash flow statement, consolidated statement of changes in equity and notes to the financial statements in compliance with the Financial Reporting Standards (FRS)
  • Review and computation of tax and deferred tax provisions for inclusion into financial statements
  • Re-measuring accounts to functional currency
  • Completing consolidation and head office reporting packages
Cash, Fund & Payment Administration

Luther Corporate Services supports a diverse portfolio of clients ranging from small and medium-sized enterprises to multinational corporations with cash, fund & payment administration services. For smaller businesses where segregation of duties is an issue our service functions as an additional internal control with regards to company fund spending.

  • Administration of cash funds deposited with us or in client’s own bank accounts
  • Cash forecasting and processing of accounts receivables
  • Account signatory services to enable settlement of company payment obligations e.g. to suppliers, for payroll, for employee expense reimbursements
  • Issue payment vouchers and prepare cheques
  • Mailing of signed cheques to payees or remittance of funds by telegraphic transfer
Corporate Secretarial Services

We provide the complete range of corporate services to both large and small companies in Singapore.

1. Provision of personnel to assume statutory positions

  • Company secretary
  • Statutory agent
  • Nominee director
  • Nominee manager

2. General Services to ensure Statutory Compliance

  • Advice on best practice and corporate governance and compliance with the Indonesian Law on Limited Liability Companies
  • Setting up statutory books and registers
  • Custody and maintenance of statutory books and registers
  • Preparing and lodging all prescribed forms and requisite documents with the Ministry of Law
  • Preparation of notices, minutes, and other documents pertaining to directors’ and shareholders’ meetings (Annual General Meeting and Extraordinary General Meeting)
  • Managing changes:
    • Change of name
    • Change in constitutional documents
    • Change in capital structure (transfer of shares, new issuance of shares, repurchase of shares)
    • Change of shareholders
    • Change of directors
    • Change of registered office address
  • Opening of bank accounts and managing changes to bank signatories
  • Corporate restructuring, e.g. amalgamations
Dissolution / Deregistration

We offer expertise in the dissolution of entities and provide advice on the most suitable mode of deregistration. These services include:

  • Preparation and filing of all necessary documents for the voluntary liquidation of an entity
  • Arranging dormancy of legal entities and cessation of business
Human Resources & Payroll Administration

At Luther Corporate Services we offer full outsourcing services for the management of payroll, personnel data and employee benefits. We can assist through tailor-made solutions to meet specific client requirements.

Our services include the following:

  • Processing employee expense claims including payment
  • Computation of net salary
  • Computation of social security (BPJS) contributions
  • Providing payroll reports & financial journals
  • Handling payment of net salary and BPJS via our client trust account, including deposit of net pay into employee’s bank accounts and issuance of confidential pay slips
Incorporation/ Registration of a Company in Indonesia

We provide fast and efficient service for the formation and registration of a company in Indonesia, whether in the form of a private limited company or representative office. Our services include:

  • Advising on the type of entity to be established or registered and the optimal corporate & tax structure
  • Preparation of Articles of Association, shareholder agreements and other constitutional documents
  • Registration of private/public companies
  • Registration (and renewal) of representative offices (“Rep Offices”)
Individual and Corporate Tax Compliance

Our corporate and individual tax compliance services include:

  • VAT registration and preparation and submission of recurring VAT returns
  • Preparation and filing of corporate tax returns
  • Preparation and filing of individual tax returns
  • Advising on Double Taxation Agreements (DTAS)
  • Advising on withholding tax issues, preparation and filing of withholding tax returns including claims for double taxation relief
  • Advising on complex and international tax structures

Key Contact >>

Key Contact

A professionally dressed man with short, dark hair smiles at the camera. He is wearing a gray suit, a light blue striped shirt, and a dark blue tie with white polka dots. The background is a solid, light color.

Philipp Kersting

Partner

T +62 2139 11191