We use cookies
We use cookies that are needed for this website to work. With your permission, we would also like to use cookies to remember your preferences, understand how the site is used, and measure our advertising. You can accept all, reject all, or choose which ones to allow, and change your choice at any time with “Change Preferences”. Cookie Policy
Indonesian Government Revises Laws to Boost Investment and Jobs The Indonesian House of Representatives passed the landmark Omnibus Law on Job Creation on October 5 to improve the business climate. The government has amended 79 laws to boost investments and jobs, making Indonesia more competitive and attractive as an investment destination. According to the World…
Details
In Pandemic, Indonesia Introduces Tax Policy on Digital Goods and Services With the public shifting to the online world, the Indonesian government found it necessary to implement tax policy on digital goods and services. The taxation of the so-called digital economy has been among the top agendas of many countries. Governments are doing so to…
Details
IMF Calls for Broad-based Tax Reform to Support the Indonesian Economy The International Monetary Fund (IMF) is encouraging the Indonesian government to implement a broad-based tax reform as a means of improving its revenue as the economy slows down due to the coronavirus pandemic. In an interview with The Jakarta Post, IMF mission chief for…
Details
Government Releases Special Tourism Grants to Aid Ailing Sector The Indonesian government has made sure to take care of the tourism industries affected by the pandemic. In October 2020, it released Rp 3.3-trillion worth of special tourism grants to aid the regional governments and businesses rejuvenating the tourism industry. Tourism and Creative Economy Minister Wishnutama…
Details
Indonesia is Encouraged to Have Fair Regulations for Foreign Investors Senior legislator Rachmat Gobel calls for fair regulations for foreign investors to attract more business ventures in Indonesia. By having such, the country can also see improvement in the quality of the investments being approved. Gobel expressed his sentiments toward foreign investors’ regulations after Japanese…
Details
Indonesia to Introduce VAT on Imported Digital Products August 2020 New Regulation to Take Place from August 2020 Indonesia will introduce Value Added Tax (VAT) on imported digital products beginning in August 2020. This will be applicable to all foreign businesses and companies. If you sell digital products either through electronic systems or online,…
Details