Home Blog Daris Salam Accounting | Audit Review | Finance | Financial Operational Resilience | Payroll | Tax Reporting | Transfer Pricing Advisory | Transfer Pricing Compliance Daris Salam InCorp Editorial Team 8 January 2024 0 minute reading time Table of Contents Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.
Home Blog Applying for The Tax Holiday in Indonesia Applying for The Tax Holiday in Indonesia InCorp Editorial Team 18 April 2024 2 minute reading time Table of Contents What is a tax holiday? Application for the tax holiday Eligibility and requirements Why Choose InCorp Indonesia? What is a tax holiday? Foreign direct investments in Indonesia are determined to receive a tax holiday facility. As a fiscal facility, tax holidays in Indonesia reduce the income taxes of any business investments. The Ministry of Finance regulates the incentive for this income tax holiday through Regulation No.130/PMK.010/2020. Talk to our experts Application for the tax holiday As a leading firm in business advisory services in Indonesia, InCorp Indonesia assists with your needs in obtaining tax holiday incentives. We ensure that all the necessary processes will run smoothly. Talk to our experts Eligibility and requirements The Indonesian government provides an array of industries with tax holiday incentives. However, there are requirements to obtain this convenience. The industry must prioritize job creation, technological innovation, and strategic value for the nation’s economic outlook. Additionally, IDR 100 billion is the minimum capital investors should pay to gain a tax holiday for the investments. Currently, only 18 business sectors offer tax holiday incentives, known as the pioneer industries. The abovementioned requirements are only a few among the long list for an approved tax holiday. Our seasoned consultants will guide you to understand the foreign direct investment regulations to obtain a tax benefit in Indonesia. Talk to our experts Why Choose InCorp Indonesia? 1HIGH QUALITY SERVICE We constantly provide high-quality service by seeking to understand your issues and needs. Our solutions are personalized for every business. 2COMPLETE PACKAGE We do not do things halfheartedly. To ensure client satisfaction, we offer a complete package of our services. 3TIME AND COST-EFFICIENCY To save time and minimize costs for tax-related issues. Your talents can be focused on business strategies that will help grow your business.