“A finance company which tends to hire a foreign worker must meet the requirements: a minimum 25% shares owned by the foreigner and/or foreign entity, having approval from the OJK, and only hiring for the certain positions that eligible and approved by OJK.” Finance Company The financial industry is currently
“A Finance Company that will employ Foreign Workers are required to obtain approval from the Financial Services Authority.” According to Government Relation No. 5 of 2021 regarding the Organization of Risk-Based Business Licensing (“GR No. 5/2021”), it is stated in Article 186 that in the event of employing foreign workers,
Epiwalk 5th Floor
Unit B547-548
Rasuna Epicentrum Area, Jl. Epicentrum Tengah No.2 HR. Rasuna Said, South Jakarta 12950
PT YLP KONSULTAN CAKRAWALA is a Formalities and Corporate Secretarial Legal Firm who is committed to provide simple, pleasant and stress free experience for our Client.
