Learn about new income tax exemptions for foreign dividends received by domestic taxpayers, reduced WHT on bond interest, and other tax law amendments.
GR 8/2021 introduces individually owned companies, a new type of company category in Indonesia that can be incorporated by a single individual.
Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.
Indonesia’s GR 40/2021 highlights the various tax incentives to attract foreign investors into operating in an SEZ.
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed.
Indonesia’s Regulation 5 of 2021 introduces a risk-based approach to the issuance of business licenses.
Indonesia’s GR 35/2021 stipulates significant changes to fixed-term employment contracts, outsourcing, hours of work, and the termination of employment procedure.
GR 34/2021 regulation aims to ease the process of hiring foreign workers in Indonesia.
Indonesia issued Presidential Regulation 10 of 2021, which liberalizes many business sectors for foreign investment.
Indonesia has pledged to make the SEZs a policy priority to attract foreign investment – further facilitated through its tax incentive programs.