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E-Commerce Which is permitted Foreign Owned?

JAKARTA, KOMPAS.com - Beginning in 2016, the Government will issue revised Investment Negative List. One of them is a matter of foreign ownership in e-commerce.


The new rules would later allow organizers of trade transactions via the internet or mail (e-commerce) are owned by foreigners.
However, e-commerce which is meant?

Minister of Communications and Information Technology, wrapped up in January, when met at the office Kibar, Menteng, Jakarta, Thursday (11/02/2016), explains further.


According to the man who is familiar with the Chief calls it, there are three tiers of e-commerce in relation to foreign investment.
"If the new start, the little ones is a lot, the protection of SMEs that we used to be. There should not be a stranger," he said.

Precisely, for e-commerce companies with valuations under $ 10 billion, not to be completely invested by foreigners.As for valuation in the range of Rp 10 billion - Rp 100 billion, invested may be foreign to a maximum percentage of 49 percent.Well, for that is worth over USD 100 billion, said foreigners may own up to 100 percent.


"Because it's foreign entry, but at one point had to come out right. So it needs to consider its exit strategy," said Rudiantara.
According to Rudiantara, exit it could do to the capital markets. That is, through an Initial Public Offering (IPO).

"For example Tokopedia it, the later Softbank could exit (if IPO). Later people of Indonesia can take (shares)," he explained.
DNI revision of Presidential Decree regarding this, he said, should appear in the near future. "It should be this month or in March lah," he added.

The spirit of this rule, Rudiantara added, is to protect on the one hand but also make Indonesia remain competitive at the global level.

Source:
http://tekno.kompas.com/read/2016/02/12/08513397/E-Commerce.Mana.yang.Boleh.Dimiliki.Asing.