Investor Presentaiton
INVESTMENT INCENTIVE IN NORTH SUMATRA
I. Import Duty Facilities
Import duty exemption for 2 years or directly submit a request for 4 years for
companies that use local production machinery (minimum 30%). This facility
applies for goods and services producing companies, including:
Telecommunication
Tourism and Culture
Mining
6
2
Public Transportation
5
Construction
7
Ports
3
Public Health Service
BB BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
Requirements
Importing machineries, goods and raw materials
Not yet produced by local companies.
If local machineries are available but unable to meet required machineries requirements.
If local machineries are available but unable to meet required machineries numbers.
II. 30% of Investment Value
Government of Republic of Indonesia has issued a new regulation related to Tax Allowance policy, namely Government
Regulation No. 78 Year 2019 on 12 November 2019.
DATA
183 business fields meet the requirements to receive tax allowance,
expanded from 145 segments on previous regulation.
With certain requirements including investment value or export
orientation, labor absorption, Domestic Component Level (TKDN), and
project location (especially outside Java island).
Deduction of companies' net income which amounts to 30% of
total investment that will be done over a 6-year period
(equivalent to 5% deduction per annum).
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North Sumatra Investment BookView entire presentation