Encouraging national industrial competitiveness,
through deregulation, simplifying bureaucracy, law enforcement & business certainty.
Accelerating national strategic project,
by removing various obstacles: licensing simplification, settlement of spatial issue and provision of land, accelerating the procurement of government goods and services, the discretion in the settlement of obstacles and legal protection, support the regional head to conduct the acceleration of national strategic projects.
Increasing investment in property sector by issuing the policies to stimulate housing development for low income, while offering opportunity for greater investment in property.
3-Hour Investment License Services for investment in industrial estate with min. investment of IDR 100 billion and/or 1,000 local labor.
Eliminating Required License on Forestry sector from 14 to 6 licenses.
Acceleration of SOP for the issuance of Tax Allowance:
25 days (from 28 days) for Tax Allowance and 45 days (from 125 days) for Tax Holiday.
Value Added Tax exemption for shipbuilding, railway, airplane, which include spare parts.
Interest-on-deposit tax reduction facilities for exporter.
Development of Logistic Center in Bonded Zone in Cikarang, West Java for the manufacturing industry, and for fuel oil logistic in Merak, Banten.
• Price reduction of Avtur, Pertamax, and Pertalite starts on 1 October 2015.
• Price reduction of solar by IDR 200/L starts on the third day after announcement.
• Gas price will be set according to purchasing power of the industries.
• For fertilizer industry, gas price will be reduced to USD 7 mmbtu• Starts on 1 January 2016. Electricity
• Automatic tariff adjustment of electricity will be applied for industry I3 and I4
• Up to 30% discounted tariff for midnight consumption (23.00-08.00).
• Up to 40% of electricity bills in the first 6-10 months can be deferred and be paid gradually for labour-intensive industry.
Minimum Wages Policy
Fixed formula that will be applied by the government to determine increases in labour wages across the 34 provinces of the Archipelago. The new formula is also designed to provide more certainty to business owners regarding minimum wage growth.
Minimum wage = current wage + [ current wage x (% inflation + % Δ GDP) ]
Income tax tariff (PPh) reduction for assets revaluation for legal entities or individual who doing the accounting book.
Previously, only limited companies with USD accounting book that can propose an asset revaluation. From previously 10%, the tax rate cuts are as follow:
Double-tax removal for infrastructure & Real Estate Investment Trust (REITs).
Incentives package for Special Economic Zones (SEZ), e.g. Tax Holiday 20-100% for 10-25 years.*
Certainty for existing investor on permit of water resources management.*
Online import licenses for drugs and raw materials to less than an hour.
Note: *upcoming Govt. Regulation
Acceleration on Land Certification Process
Tax incentives for labor intensive industry,
One Map Policy
Develop Energy Security
Incentives for Aircraft Maintenance Company
Accelerating electricity infrastructure development
Stabilizing supply and price of beef
Developing village access to global logistics
Negative List on Investment Reform
Increasing SME’s Competitiveness
Improvement of ease of doing business in Indonesia related to 10 indicators.