Only foreigners with work, business, or residency permits can enter Indonesia, although they will be placed in quarantine for five days.
Indonesia’s Regulation 29 of 2021 makes changes on issues of trade, particularly in areas such as the distribution of goods, exports, and imports.
Indonesia’s parliament has approved the Harmonized Tax Law, which will overhaul the existing tax structure.
Indonesia’s GR 39/2021 mandates businesses in most industries to be Halal compliant and Halal certified.
Indonesia issued Government Regulation 48 of 2021 (GR 48/2021) in March 2021 which amends the country’s immigration law.
Learn about new income tax exemptions for foreign dividends received by domestic taxpayers, reduced WHT on bond interest, and other tax law amendments.
On January 1, 2021, Indonesia’s Law No. 10 of 2020 on Stamp Duty (the “Law”) came into effect, replacing the previous stamp duty law from 1985.
Indonesia has pledged to make the SEZs a policy priority to attract foreign investment – further facilitated through its tax incentive programs.
Indonesian e-commerce platform Bukalapak became the country’s first listed tech unicorn as the company made its debut on the Indonesian Stock Exchange.
Indonesia is set to open two new special economic zones in the island city of Batam with the aim to develop the digital economy, data centers, logistics, tourism, and aviation industries.