Announcement
06 Mar 2023
In March 2023, the government of Indonesia provided several tax incentives to help the development of the new capital of Indonesia.
Source
Sign in to access
Number of interventions
11
4 certainly harmful
0 likely harmful
7 liberalising
List of interventions
Implementation date
06 Mar 2023
Revocation date:
No revocation date
Announced: 06 Mar 2023
Tax or social insurance relief
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, granting a tax concession to certain construction service companies in the new capital of Indonesia, Nusantara, in...
Sign in to see more
Announced: 06 Mar 2023
FDI: Entry and ownership rule
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, mandating foreign businesses that will operate within the new capital of Indonesia, Nusantara, to form a joint ven...
Sign in to see more
Announced: 06 Mar 2023
Tax or social insurance relief
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, granting a tax concession to certain construction service companies in the new capital of Indonesia, Nusantara, in...
Sign in to see more
Announced: 06 Mar 2023
Tax or social insurance relief
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting corporate income tax from local financial companies that invest or provide financing for the development...
Sign in to see more
Implementation date
06 Mar 2023
Revocation date:
No revocation date
Announced: 06 Mar 2023
Internal taxation of imports
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting VAT on the importation of raw materials for the following construction service companies in the new capi...
Sign in to see more
Announced: 06 Mar 2023
Labour market access
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, extending the foreign worker work permit duration from 5 years to 10 years for the foreign workers hired by busine...
Sign in to see more
Announced: 06 Mar 2023
FDI: Entry and ownership rule
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting foreign ownership limits for investments in the new capital of Indonesia, Nusantara. The foreign ownersh...
Sign in to see more
Announced: 06 Mar 2023
FDI: Entry and ownership rule
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting foreign ownership limits for investments in the new capital of Indonesia, Nusantara. The foreign ownersh...
Sign in to see more
Announced: 06 Mar 2023
Import tariff
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, providing import duties exemption on raw materials for the following construction service companies in the new cap...
Sign in to see more
Announced: 06 Mar 2023
Labour market access
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting foreign worker compensation funds for foreign workers working on projects for the new capital, Nusantara...
Sign in to see more
Announced: 06 Mar 2023
FDI: Entry and ownership rule
In force
On 6 March 2023, the government of Indonesia issued Government Regulation No.12/2023, exempting foreign ownership limits for investments in the new capital of Indonesia, Nusantara. The foreign ownersh...
Sign in to see more
Related State Acts
Announced: 13 Sep 2022
Indonesia: Government reduced the allowed foreign ownership in securities company
Announced: 04 Jul 2022
Indonesia: Restrictive measures imposed on the information technology-based co-financing services sector
Announced: 02 Feb 2021
Indonesia: FDI policy changes (February 2021)
Threads
See all
Liberalising Trade Policy Measures
This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
14571
interventions
186
jurisdictions
Foreign Direct Investment: Restrictions and Regulations
This Thread documents policy interventions affecting foreign direct investments (FDI) since 2017. Specifically, it encompasses screening mechanisms, foreign ownership limitations and other policies affecting international investors’ operations.
Published: 31 Jan 2025
948
interventions
87
jurisdictions
Harmful Trade Policy Measures
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70884
interventions
194
jurisdictions
BRICS: Harmful Trade Policy Interventions
This Thread tracks harmful trade policy interventions introduced by BRICS members since 2009. It covers all types of interventions monitored by Global Trade Alert.
Published: 13 Jan 2025
23497
interventions
81
jurisdictions
G20: Harmful Trade Policy Interventions
This Thread tracks harmful trade policy interventions introduced by G20 members since 2009. It covers all types of interventions monitored by Global Trade Alert.
Published: 15 Jan 2025
54148
interventions
121
jurisdictions