Indonesia’s Mining Fiscal Regime 2021

The Indonesian mining industry is governed by the Ministry of Energy and Mineral Resources (MEMR), which is formed to improve energy and mineral operations, making them more efficient, sustainable, and environmentally friendly. Together with MEMR, the mining industry in Indonesia is governed by the Ministry of Environment and Forestry, the Association of Exploration and Mining Development Indonesia, and the Indonesian Coal Mining Association. A new Mining Law No. 3 of 2020 has been enacted on 10 June to amend Mining Law No. 4 of 2009. The new law aims at developing the country’s downstream mining industry and encourages investments in mining exploration. Various taxes, including corporate income tax and withholding tax, luxury-goods sales tax, value-added tax, among others, are applicable to entities in Indonesia.

Scope

The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory

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 Ease of Doing Business

2.3 Corruption Index

2.4 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

– Corporate Income Tax (CIT)

– 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: Indonesia’s Mining Fiscal Regime – Ease of Doing Business, Global Ranking, 2019–2020

Table 2: Indonesia Mining Fiscal Regime – Mining Governing Bodies and Agencies, 2021

Table 3: Indonesia Mining Fiscal Regime – Mineral License, 2021

Table 4: Indonesia Mining Fiscal Regime – Mining Areas, 2021

Table 5: Indonesia Mining Fiscal Regime – Fixed Fees by Mining License, 2021

Table 6: Indonesia Mining Fiscal Regime – Royalty Rates by Selected Commodities, 2021

Table 7: Indonesia Mining Fiscal Regime – Coal Royalty Rates by Quality and Mining Method, 2021

Table 8: Indonesia Mining Fiscal Regime – Depreciation Rates (%), 2021

Table 9: Indonesia Mining Fiscal Regime – Withholding Tax Rate (%), 2021

List of Figures

Figure 1: Indonesia’s Mining Fiscal Regime – Country Overview, 2021

Figure 2: Indonesia’s Mining Fiscal Regime – Nominal GDP (US$ Billion) and Real GDP Growth Rate (%), 2001–2019

Figure 3: Indonesia’s Mining Fiscal Regime – Mining Sales and Production, 2015–2020

Figure 4: Indonesia’s Mining Fiscal Regime – Ease of Doing Business, Global Ranking, 2019–2020

Figure 5: Indonesia’s Mining Fiscal Regime – Corruption Perception Index Rank, 2015–2020

Figure 6: Indonesia’s Mining Fiscal Regime – EoDB and CPI Ranking, 2020

Figure 7: Indonesia’s Mining Fiscal Regime – Minerals Production Trend, 2011–2020

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