Investor Presentaiton

Subsidy and incentives for SEZ Income Tax • ● Tax holiday for investment >Rp 500bn Tax allowance of 30% from NI Faster depreciation allowed No VAT for import ● No VAT for transactions with tenant in Sei Mangkei Dedicated wage council. One Labor Union allowed. Better regulation for expat workers Labor Visa on arrival for 5 visits ⚫ Immig Multiple visa for 1 year • Living permit to owners of property • ration FISCAL VAT Foreigner Property Right Tourism Sector NON FISCAL • . Foreigners can own property • Owner of property can get living permit Deduction between 50- 100% for construction and entertainment tax Rights to build permit Easier process for land • permit Land Regulation 3 hours licensing • be done ⚫ Licensing All licensing can be done • through SEZ administrator 41

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