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Nickel mining in Sulawesi. Nickel mining in Indonesia began with small-scale exploratory mining operations during the Dutch East Indies era and began to expand in the 1960s. . Most of Indonesia's proven nickel reserves are located in the islands of Sulawesi and Halmahera, and the country has the largest annual production and reserves of nickel in the wor
Normal rate of taxation in Indonesia corporate income is 25%. Companies that put a minimum of 40% of their shares to the public and are listed in the Indonesia Stock Exchange offer are taxed on 20%. Companies that have a gross turnover below 50 Billion (IDR) have a discount on 50% from the standard corporate income tax, in other words 12.5%.
The Ministry of National Development Planning/National Development Planning Agency (Indonesian: Kementerian Perencanaan Pembangunan Nasional/Badan Perencanaan Pembangunan Nasional) (abbreviated PPN/Bappenas) is a ministry of the Republic of Indonesia that has the task to oversee government affairs in the field of national development planning to assist the President in organizing state ...
The Job Creation Act (Indonesian: Undang-Undang Cipta Kerja), officially Act Number 11/2020 on Job Creation (Undang-Undang Nomor 11 Tahun 2020 Tentang Cipta Kerja, or UU 11/2020), is a bill that was passed on 5 October 2020 by Indonesia's House of Representatives, with the aim of creating jobs and raising foreign and domestic investment by reducing regulatory requirements for business permits ...