On 6 May 2015, Indonesia's Regulation No. 18/2015 took effect, replacing Regulation No. 1/2007 as amended by Regulation No. 52/2011. The new regulation covers the incentives for domestic investment in certain sectors and regions by domestic legal entities.

Main Benefits

The main benefits of the incentive scheme include:

• A reduction of taxable income of up to 5% of the asset investment amoun…