Makarim & Taira S.

Legal Services | Indonesia
tel: +6221 5080 8300 | fax: +6221 2521272
Summitmas I, 16th & 17th Floors | Jakarta | 12190 | Indonesia

Main Contacts

Lia Alizia

Managing Partner

Richard W. Cornwallis

Foreign Legal Consultant


Jakarta, Indonesia


Makarim & Taira S. is one of Indonesia's leading corporate and finance law firms. It was founded in 1980 by Harvard graduates Nono Anwar Makarim and Frank Taira Supit, and has since grown to become a multi-disciplinary practice. The Firm's personnel represent and demonstrate a comprehensive range of expertise and experience in both Indonesian and international law and business practices. The Firm, which has received recognition in a number of leading references and international legal guides, is now and will be in the future fully committed to the future both of Indonesia and the Firm's clients in their business dealings here.

Makarim & Taira S. has impressive and far-reaching contacts and connections both in Indonesia and overseas. Over the years the Firm has formed strong and lasting relationships with a large number of clients and businesses. We pride ourselves on the loyalty of our clients and attempt to provide to each client the same unvarying standard of service. The Firm also has unique and unsurpassed experience and insight into many aspects of Indonesia's business and governmental spheres and has the necessary expertise to assist our clients in their Indonesian investments and transactions.

Makarim & Taira S. is also favored as Indonesian counsel by a growing number of leading international law firms and has significant expertise in acting as local counsel in international and multinational transactions. Our existing connections both in Indonesia and overseas allow us to ensure the Firm maintains and develops its expertise and is able to assimilate the most up to date drafting and other legal techniques and knowledge.

Year this Office was Established: 1980
Lawyers Worldwide: 60
Languages: Indonesian, English, German, and French


Areas of Practice


Of Counsel

Foreign Legal Consultant

Richard W. Cornwallis

Richard W. Cornwallis

Foreign Legal Consultant
Hilton  King

Hilton King

Foreign Legal Consultant

Senior Associates

Stephanie  Kandou

Stephanie Kandou

Senior Associate
Norma  Mutalib

Norma Mutalib

Senior Associate
Adho  Putera

Adho Putera

Marketing Communications
Evelyn S.T. Simanjuntak

Evelyn S.T. Simanjuntak

Senior Associate
Harris  Toengkagie

Harris Toengkagie

Senior Associate


Update on the Terms of Domestic Non-Deliverable Forward Transactions Under Indonesian Law

Bank Indonesia recently updated its regulation on domestic non-deliverable forward (DNDF) transactions. Bank Indonesia Regulation No. 24/7/PBI/2022 on Foreign Exchange Market Transactions (“BI Reg. 24/7/2022”) replaces the previous regulation on DNDF, BI Regulation No. 20/10/PBI/2018 (as amended). BI Reg. 24/7/2022 makes some noteworthy amendments on the DNDF terms and introduces new thresholds and provisions on DNDF transactions. This Advisory covers the salient key points that banks and business actors need to note in the new BI Reg. 24/7/2022...

New Financial Service Authority Regulation on Peer-to-Peer Lending

The ever-growing industry of Peer-to-Peer Lending (“P2P Lending”) has driven the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) to issue OJK Regulation No. 10/POJK.05/2022 on Technology-Based Collective Financing Services, which came into force on 4 July 2022. The regulation provides more detailed and extensive provisions to cater with the rapid development of the industry...

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Makarim & Taira S. Welcomes Its Newest Partners

Makarim & Taira S. prides itself as a place of learning and a career springboard for aspiring lawyers in Indonesia. Every year, the firm welcomes passionate fresh graduates to the firm and provides them an environment that is conducive to growth. Over the past 40 years, Makarim & Taira S. has seen countless fresh law graduates from various universities grow and thrive to become the country’s most competent and successful lawyers. Undoubtedly, we are most thrilled to witness many evolve and become the firm’s own leaders. Therefore, we are pleased to introduce our newest Partners, Norma Mutalib, Stephanie Kandou, and Harris Toengkagie...

Makarim & Taira S. Continues to Receive Recognition in the Legal 500 Asia-Pacific 2022 Rankings

To start this year with another recognition as a Top Tier Firm in The Legal 500 (Legalease) Asia-Pacific 2022 is an astonishing and humbling experience. These recognitions do not come easy. Every year, the firm participates in comprehensive research conducted by global legal directories through which its work and lawyers are assessed and feedback on the quality of the services provided is gathered from clients and peers in the field. Therefore, they signify the firm’s most recent performance, its most complex and innovative advice and demonstrate its teams’ exceptional technical and in-depth abilities...

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