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Makarim & Taira S.

Rahayu Ningsih Hoed

Rahayu Ningsih Hoed



  • Construction
  • Corporate and Commercial
  • Employment
  • Foreign Investment

WSG Practice Industries


WSG Leadership

Employment and Labor Group
Women's Professional Forum Group
Rahayu Ningsih Hoed (Yayuk) is Managing Partner at Makarim & Taira S., and Head of the Dispute Resolution department at the firm. She has extensive experience in almost every aspect of legal practice, and is a widely recognized authority on corporate and M&A transactions, arbitration, employment, and project financing. Praise for Yayuk’s advice from clients include: “incredible, extremely well-considered advice”, “ensuring that deals always involve “remarkable levels of risk management.

Yayuk has represented many major companies such as PT Central Java Power/Sumitomo Subsidiary, Cirebon Electric Power, GE Corporation, Exxon-Mobil Oil Inc., PT Arun NGL Co., and more. Her achievements include project financing for the 1,320MW large capacity Tanjung Jati B power plant and its expansions, major land acquisitions for infrastructure and mining projects, and highly sensitive mass terminations of employees.

Her expertise is recognized in several legal directories such as Chambers and Partners as a Key Individual for Dispute Resolutions and Real Estate and Legal500 as a Leading Individual for Corporate and M&A, Employment, Projects and Energy and Real Estate. Asialaw Profiles has also selected her as one of their recommended lawyers.

Bar Admissions

Indonesian Advocates Association (PERADI)
Indonesian Advocates Society (IKADIN)
Sworn Translators Examination Committee


S1., French Literature, Faculty of Letters, University of Indonesia, Jakarta, Indonesia, 1985
S.H. (cum laude), University of Pancasila, Jakarta, Indonesia, 1996
LL.M (outstanding student award), Boston University School of Law, Massachusetts, USA, 2001
Areas of Practice

Construction | Corporate and Commercial | Employment | Foreign Investment | Hotels, Resorts and Tourism | Infrastructure and Major Projects | Litigation and Dispute Resolution | Mining and Energy | Real Estate

Professional Career


Lecturer/Speaker for training of officers from BPKP and BPK (State Auditors) and BULOG (National Logistics Board). Topics given: Due Diligence, Legal Entities and Merger and Acquisitions, organized by Yan Apul Training Center and Ikadin
Moderator at Seminar on Taxation Court Law, organized by Multi Utama, 2002.
Host and Moderator at Seminar on Enforcement of Foreign Arbitration, organized by Multi Utama, 2002
Trainer on corporate courses organized by Ikadin in cooperation with Jakarta Study Center. Topics given among others: Agencies and Powers of Attorney, Contract Drafting, Due Diligence, Legal English, Legal Entities and Mergers and Acquisitions (ongoing activities)
Speaker at 1st (2003) and 2nd (2004) Annual Employment Law in Asia Conference, Singapore, 2003, 2004, organized by CCH
Sole speaker at Legal Aspects and Regulations Workshop for Public and Private Provision of Infrastructure Projects organized by Coordinating Ministry for Economic Affairs under World Bank Project
Speaker at Corporate Governance, Directors and Commissioners Liabilities, organized by Marcus Evans, Jakarta, 2006
Speaker at HRM Updates & Staff Relocation to Indonesia organized by CPISG, Singapore and Kuala Lumpur, 2006
Lecturer of Legal Translation in the Linguistics Department, Post Graduate Study, Faculty of Humanities, University of Indonesia
Speaker at various seminars regarding Contract Law and Regulations for in house lawyers organized by MUC Development Center, Jakarta, 2005 and 2006
Speaker at various seminars/trainings on Certified Financial Analysis for Lawyers and Legal Consultants for in house lawyers organized by the School for State Accountancy (STAN), Jakarta 2005, 2006 and 2007
Speaker at various seminars/workshops on Legal Officer Certificate for in-house lawyers organized by LP3-MKA & the Legal Business Institute, Jakarta, 2005, 2006 and 2007.
Sole speaker at a two day professional workshop on Legal Drafting organized by the Legal Business Institute, Jakarta 2006 and 2007
Speaker at Continuing Legal Education: Law Firm Management from planning to succession, a seminar organized by the Centre for Finance and Securities Law (CFISEL) in collaboration with Perhimpunan Advokat Indonesia (PERADI - Indonesian Bar Association), Jakarta, 2006
Speaker at a Workshop on Employment in Indonesia for executives and businessmen in Batam, organized by Batamindo Business Council, Batam, 2007


Electronic Certificates Regulation issued by the Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency
Makarim & Taira S., February 2021

On 12 January 2021, the Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency (“MOA”) issued Regulation No.1 of 2021 on Electronic Certificates (“MOA Reg. 1/2021”). This new regulation is intended to optimize the use of information and communication technology by implementing electronic-based land services and thus improve public services and the ease of doing business. Under MOA Reg...

Bill on Stamp Duty
Makarim & Taira S., September 2020

In the first week of September 2020, the House of Representative passed the Bill on Stamp Duty and now it is waiting for approval by a plenary meeting of the House. The Bill is expected come into effect on 1 January 2021 given the time needed to issue the implementing regulation and for public awareness. The Bill will only recognize a single stamp duty, Rp10,000 unlike the current law which recognizes two stamp duties (Rp3,000 and Rp6,000)...

Public Service Obligation = Subsidy? A Case Study From BUMN
Makarim & Taira S., May 2020

What is the Public Service Obligation (PSO)? Whose obligation is it? What is the realization of the PSO? Some of us may not be familiar with the PSO and what actually means for a country. This article provides a general understanding of the PSO and particularly, how the PSO can affect us directly. First things first, what is the PSO? The PSO is a concept commonly adopted by all nations and as you might guess, it is the obligation of the government to serve the public...

Additional Articles

Co-contributor, Indonesian Employment Law, published by CCH Asia PTE Limited, 2002, updated 2004
Co-contributor, Encyclopedia of International Franchising Law the Indonesian experience, published by Richmond Law and Tax, 2004
Co-contributor, Indonesian brief at HR Magazine- published by CCH Asia PTE Limited (ongoing activities)
Co-contributor, Indonesian section of the International Financial World - published by Richmond Law and Tax
Co-author, Asian Counsel Magazine, Vol. 4 Issue 3: Reducing labour pains: Indonesia's news Industrial Relations Dispute Settlement Law, May 2006
Co-author, Country Bulletin: Indonesia, May 2006
Co-contributor, "Doing Business in 2005: Removing Obstacles to Growth" - published by The World Bank, The International Finance Corporation and Oxford University Press, 2005
Co-author, Asia Staff Magazine, CCH Asia PTE Limited: Labour Unions: A Growing Challenge, January/February 2004
Co-author, Asia Staff Magazine, CCH Asia PTE Limited: Understanding the Manpower Law, March 2004
Co-author, Asia Staff Magazine, CCH Asia PTE Limited: The Regulations Behind Fixed Term Employment Contracts, October 2004
Co-author, Richmond Law and Tax: Indonesian section of the International Financial World, 2004

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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