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Indonesia Mining Industry Fiscal Regime Analysis including Governing Bodies, Regulations, Licensing Fees, Taxes and Royalties, 2022 Update

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    Report

  • 26 Pages
  • September 2022
  • Region: Indonesia
  • GlobalData
  • ID: 5665597
The publisher's 'Indonesia Mining Industry Fiscal Regime Analysis including Governing Bodies, Regulations, Licensing Fees, Taxes and Royalties, 2022 Update' provides a comprehensive coverage on Indonesia's mining fiscal regime. The report provides country's overview with macroeconomic performance, corruption index and mineral overview. It also provides a comprehensive coverage on the country's mining regulatory bodies, laws, rights, and obligations, as well as current and future tax-related proposals.

Indonesia has abundant minerals, including coal, gold, bauxite, copper and nickel, alongside potential to produce alluvial diamonds. It plays a crucial role in the global coal markets and is among the largest suppliers of coal to Asian markets such as India, China, South Korea, Japan, and Taiwan. The country's mining industry is a key contributor to the nation's economic growth. The country's mining contribution to GDP increased to 13.1% during the first half of 2022.The Ministry of Energy and Mineral Resources (MEMR) is the country's chief governing body. It endeavours to improve energy and mineral operations, making more efficient, sustainable, and environmentally friendly.

Scope

  • The report outlines the governing bodies, governing laws, various mineral licenses and fees

Reasons to Buy

  • Enhance your decision-making capability in a more rapid and time sensitive manner
  • Find out Indonesia's governing bodies, major laws in the industry
  • Identify various mineral licenses and fees
  • To gain an overview of Indonesia's mining fiscal regime

Table of Contents

1. Executive Summary

2. Country Overview
2.1 Macroeconomic Performance
2.2 Corruption Index
2.3 Minerals Overview

3. Fiscal regime
3.1 Governing Bodies
3.2 Laws and Regulations
  • Law on Mineral and Coal Mining No. 3 of 2020
3.3 Rights and Obligations
  • Rights
  • Obligations
3.4 Mineral Licenses and Mining Areas
  • Mining Licenses
  • Mining Areas
3.5 Taxes, and Royalties
  • Law of Tax Regulation Harmonization
  • Corporate Income Tax (CIT)
  • Carbon Tax
  • Mining Taxes
  • Depreciation
  • Withholding Tax
  • Luxury-Goods Sales Tax (LGST)
  • Tax Loss
  • Value-Added Tax (VAT)
4. Appendix
4.1 Abbreviations
4.2 Methodology
4.3 Coverage
4.4 Secondary Research

List of Tables
Table 1: Mining Governing Bodies and Agencies, 2022
Table 2: Mineral License, 2022
Table 3: Mining Areas, 2022
Table 4: Corporate Income Tax, 2022
Table 5: Fixed Fees by Mining License, 2022
Table 6: Royalty Rates by Selected Commodities, 2022
Table 7: Royalty rate revision for IUPK, 2022
Table 8: Royalty rate revision for IUP, 2022
Table 9: Depreciation Rates (%), 2022
Table 10: Withholding Tax Rate (%), 2022

List of Figures
Figure 1: Country overview, 2022
Figure 2: Nominal GDP ($ Billion) and Real GDP growth rate (%), 2001-21
Figure 3: Mining FDI and exports, 2017-21
Figure 4: Corruption perception index rank, 2015-21
Figure 5: CPI Ranking, 2021
Figure 6: Mineral’s production trend, 2011-2021