Innovative Technology Finance and Market Association 2024 Indonesia Implementation Strategy
1. Policy environment
The Indonesian government has launched a number of preferential investment policies in recent years, such as simplifying licensing procedures and reducing tax rates, etc.
Key industries that encourage foreign investment include manufacturing, infrastructure, digital economy, etc.
Emphasize sustainable development and promote green economic transformation
2. Tax system
The corporate income tax rate is 22% and will be gradually reduced to 20%
Various investment tax incentives are available, such as tax credits, accelerated depreciation, etc.
The standard VAT rate is 10%, and some products have special tax rates.
3. Economic Overview
Indonesia is the largest economy in Southeast Asia, ranking among the top ten in terms of GDP
In recent years, GDP growth has remained around 5%, and the economy has maintained good resilience.
Major industries include manufacturing, resource extraction, agriculture, tourism, etc.
4. Business environment
Infrastructure construction is constantly improving, and networks such as highways and ports are becoming increasingly complete.
Abundant labor resources and relatively low labor costs
The government strongly supports the development of the digital economy, and e-commerce and technological innovation are booming.
5. Investment opportunities
Manufacturing industry: Auto parts, electronic appliances, textiles and other fields have great potential
Infrastructure: There are extensive investment opportunities in electric power, highways, railways and other fields
Digital economy: E-commerce, mobile payment, online education, etc. have promising prospects
Comments