Pension contribution rates and other details regarding the Pension, Work Accident, Death, and Old Age insurance programs were provided for in the long-awaited government regulations on BPJS-TK programs (effective 1 July 2015). These were finally signed and issued by President … Continue reading →
Corporate Income Tax 25 percent on all income (normal rate) a 5 percent lower than normal rate is applied to a Limited Company of which at least 40 percent of its shares are traded on the stock exchange market (IDX) … Continue reading →
What is The Investment Negative Investment List ? In the effort to increase investment in Indonesia and to execute the ASEAN Economic Community (AEC), the Government of Indonesia had done amendments to the provision list of business fields closed and … Continue reading →
Economic growth Indonesia has the largest economy in south east Asia with nearly half of the region’s Gross Domestic Product (GDP). It is the only G20 member from south east Asia. It’s predicted to be in the top 7 largest … Continue reading →
In recent years the Indonesian government has been eager to cut energy subsidies and redirect these funds to the government’s infrastructure budget. In the 2016 State Budget a record high IDR 313 trillion (approx. USD $24 billion) was allocated to … Continue reading →