This chapter examines Indonesia’s tax regime, focusing on a newly improved amnesty facility, income tax breaks available for pioneer industries, a new effort to improve data collection and processing, and the reduction of luxury goods tax for certain products.
It also contains a viewpoint from Ay-Tjhing Phan, Tax Leader, PwC Indonesia.
This chapter gives an overview of Indonesia’s legal system, focusing primarily on new policies that aim to improve the business environment, processing time for investment licences, sectors opening to foreign investment, business start-up costs, and other subjects of interest to investors.
It also contains a viewpoint from Todung Mulya Lubis, Senior Partner, Lubis, Santosa &...
Over the past few decades, Indonesia has made enormous strides in ensuring most of its children get a basic education. Now the focus turns to quality, and preparing children and young adults for life in the 21st century. President Joko Widodo made education a key part of his election campaign and, after he took office in October 2014, embarked on a series of reforms designed not only to make...
The year 2016 marks the second year of the rollout of universal health care, known locally as JKN, which aims to cover a population of approximately 260m by 2019. While millions have already been brought under coverage, reaching the whole population of an archipelago that contains 6000 inhabited islands will be no easy feat. Still, hopes are high for JKN. With greater access driving greater...
In spite of a raft of strategic development plans laying out a path towards a more diversified, modern economy with greater contributions from high-value-added industries, agriculture remains a fundamental sector for the country in both financial and social terms. Indonesia’s expansive territory and favourable soil and climate have given rise to a host of homegrown agro-industrial giants as...
As the top nickel producer globally in 2013, the second-biggest coal exporter in 2015 and host to one of the largest copper and gold mines in the world, Indonesia has the capacity to compete with the most prolific mining nations. However, this potential has not necessarily been translated into strong production figures in recent times, and the domestic mining sector has suffered markedly over...
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