Indonesia is a country with the largest nickel reserves in the world, which are concentrated on the islands of Sulawesi and Maluku. Geologically, the islands of Sulawesi and Maluku were formed by intense tectonic activity, which made it possible for nickel deposits to occur. Volcanic activity and volcanic eruptions contribute to the creation of an … Read more
Indonesia is a country that plays an important role in the global mining industry. Located in the Pacific Ring of Fire, Indonesia consists of 17,000 islands with abundant natural resources, characterized by the content and production of mining goods such as coal, oil and natural gas; nickel ore; gold and silver ore; copper ore; bauxite … Read more
Minister of Energy and Mineral Resources Regulation No. 11 of 2019, effective since January 1, 2020, prohibits nickel mining companies in Indonesia from exporting nickel ore due to the excessive volume of nickel exports. The primary reason for implementing this policy is to ensure the limited reserve sustainability. The proven reserve for Indonesia’s national nickel … Read more
MINISTRY OF FINANCE REGULATIONS NO. 9 YEAR 2024 (PMK 9/2024) CONCERNING SALES TAX ON LUXURY GOODS ON THE IMPORT AND/OR DELIVERY OF TAXABLE LUXURY GOODS IN THE FORM OF CERTAIN FOUR-WHEELED BATTERY-BASED ELECTRIC VEHICLES BORNE BY THE GOVERNMENT IN THE 2024 FISCAL YEAR This regulation aims to support the Government policy in transitioning from the … Read more
MINISTRY OF FINANCE REGULATIONS NO. 8 YEAR 2024 CONCERNING VALUE ADDED TAX ON DELIVERY OF CERTAIN FOUR-WHEELED BATTERY-BASED ELECTRIC VEHICLES AND CERTAIN BUS BATTERY-BASED ELECTRIC VEHICLES BORNE BY THE GOVERNMENT This regulation aims to continue government support to provide fiscal incentives in the form of Value Added Tax (VAT) for the delivery of certain four-wheeled … Read more
The government provides tax incentives in the form of Tax Holiday and Tax Allowance to Corporate Taxpayers (“Corporate Taxpayers”) with the aim of promoting investment activities, economic growth, and competitiveness. Additionally, tax incentives are intended to support commercial production preparation and protect domestic business activities, particularly the domestic industries. Tax Holiday Facility is provided to … Read more
MINISTRY OF FINANCE REGULATIONS NO. 61 YEAR 2024 (PMK 61/2024) CONCERNING ADDITIONAL VALUE ADDED TAX INCENTIVES ON SUPPLIES OF LANDED HOUSES AND FLAT UNITS BORNE BY THE GOVERNMENT FOR THE 2024 FISCAL YEAR The Indonesian Government has implemented a policy for Value Added Tax (VAT) incentives borne by the Government on delivery of landed houses … Read more
The Indonesia Stock Exchange (IDX) collaborated with SW Indonesia to inform the public about IPO Readiness. The collaborative seminar was successfully held on July 10, 2024, at the Main Hall of the Indonesia Stock Exchange Building, Jakarta. More than 150 attendees gained valuable insights into IPO Readiness from two keynote speakers and four expert speakers. … Read more
An Initial Public Offering (IPO) represents a pivotal moment for a company, namely transitioning from a privately held entity to one that is publicly traded. The complex of IPO process demands compliances to regulatory requirements and transparency standards to safeguard the interests of investors. which aim to protect investors’ interests. Capital market regulations require independent … Read more
Compliance with tax and investment administration in Indonesia requires compliance with the preparation of financial statements according to the Financial Accounting Standards applicable in Indonesia. Currently there are 4 (four) Accounting Standards that are applicable in Indonesia: For multinational companies and foreign direct investment, the commonly used accounting standard is the number 1 (one) mentioned … Read more
Copyright © 2025 SW Indonesia
