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Indonesia to Construct World’s Largest Green Industrial Park

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Indonesia will construct the world’s largest green industrial park, aiming to attract producers of high-tech and precision products.

Indonesia Increases Minimum Wage for 2022

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Indonesia has increased the average minimum wage of each province by 1.09 percent for 2022. The figure was obtained through the new guidelines on minimum wage under Government Regulation 36 of 2021 (GR 36/2021).

Indonesia’s Omnibus Law: Relaxed Foreign Ownership Laws on Real Estate

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Indonesia has made it easier for foreigners to own real estate in the country through Government Regulation 18 of 2021.

Indonesia’s Omnibus Law: New Provisions on Indonesia’s Trade Sector

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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 Passes Major Tax Overhaul Bill

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Indonesia’s parliament has approved the Harmonized Tax Law, which will overhaul the existing tax structure.

Indonesia’s Omnibus Law: Changes to the Immigration Law

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Indonesia issued Government Regulation 48 of 2021 (GR 48/2021) in March 2021 which amends the country’s immigration law.

Indonesia’s Omnibus Law: New Tax Treatment to Support Ease of Doing Business

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Learn about new income tax exemptions for foreign dividends received by domestic taxpayers, reduced WHT on bond interest, and other tax law amendments.

Stamp Duty in Indonesia: New Law in Effect

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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.

Bukalapak Becomes Indonesia’s First Listed Tech Unicorn

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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’s Batam Receives Two New Special Economic Zones

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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.

Showing 10 of 1115 articles
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