Investor Presentaiton slide image

Investor Presentaiton

FISCAL INCENTIVES (GOVERNMENT REGULATION NO.96 YEAR OF 2015) No. 1 Income Taxes Scope Main Activity (Tax Holiday): Facility and Easiness - Income tax reduction by 20-100% for 10-25 years with total investment more than IDR 1 Trillion - Income tax reduction by 20-100% for 5-15 years with total investment more than IDR 500 Billion ▪ Exclude Main Activity (Tax Allowance): - Reduction of Net Income by 30% for 6 years - Accelerated Depreciation ■ Income tax on dividend for 10% Compensation for loss of 5-10 years ■ Import: not levied ◉ Input form other places in the customs area to SEZ, not levied 2 VAT and Luxury Sales Taxes 3 Customs 4 Property Ownership for Foreigner ■ Output form SEZ to other places in the customs area, not levied ■ Transaction among enterprises in SEZ: not levied ■ Transaction with enterprises in other SEZ: not levied From SEZ to domestic market: import duty using Certificate of Origin (COA) ◉ Foreigners / foreign enterprises may have residential / property in SEZ (house site or apartment unit) ■ Owner occupancy / property is given residence permit with a guarantee from Managing Enterprises of SEZ ◉ Exempted for VAT and luxury Sales Taxes ■ May be granted for tax reduction by 50-100% on the first development 5 Main Activity: Tourism Sector ■ May be granted for entertainment tax reduction by 50-100%
View entire presentation