North Sumatra Investment Book

FACILITIES AND CONVENIENCE 50 50 PMK 237/2020 BB BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA TAX HOLIDAY Eligible Subjects Minimum Investment Facilities Procedure Business entity FACILITIES AND CONVENIENCE Investors/producers who carry out main activity in SEZ IDR 100 billion Tax holiday 100% • • Business entity as long as 10 years Investors/producers accordance to investment value Investment > IDR 1 trillion as long as 20 years Investment IDR 500 billion to < IDR 1 trillion as long as 15 years Investment IDR 100 billion to < IDR 500 billion as long as 10 years Transition to 50% of income tax (PPh) reduction for 2 years Submission, verification and decision making are done online via OSS system. Verification is carried out by BKPM within 5 working days PMK 237/2020 TAX ALLOWANCE FACILITIES AND CONVENIENCE Investors/producers who : • Carry out main activities in SEZ and choose to be given a tax allowance or do not meet the criteria and requirements of the SEZ tax holiday, or Carry out other activities in SEZ • Eligible Subjects • Reduction in net income by 30% for 6 years (5% per annum) Facilities Procedure North Sumatra Investment Book • • . Accelerated depreciation and amortization Dividend income tax rate of 10% for foreign taxpayers or lower in accordance with Double Taxation Avoidance Agreement (P3B) Loss compensation for 10 years that are given automatically without the need to meet certain conditions Submission, verification and decision making are done online via OSS system. Verification is carried out by BKPM within 5 working days

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