Timetric’s Indonesian fiscal regime report outlines the governing bodies, laws, mining licenses, mining rights and obligations and tax-related information on nine commodities: coal, copper, gold, silver, nickel, zinc, bauxite, iron ore and manganese
Timetric's fiscal regime report covers Indonesia which has a wide range of key minerals, and produces significant quantities of coal, gold, bauxite, phosphates and iron sand. It also has the potential to produce alluvial diamond.
The country plays a crucial role in global coal markets, and is a major supplier to Asian countries such as India, China, South Korea, Japan and Taiwan.Scope
The report outlines the governing bodies, laws, mining licenses, rights, obligations and key fiscal terms which includes central taxes, royalties, corporate income tax, depreciation, withholding tax, loss carry forward, value added tax (VAT) and land and building taxReasons To Buy
Gain an overview of Indonesia’s mining fiscal regime.
The Ministry of Energy and Mineral Resources (MEMR) is responsible for the formulation of national and technical policy in the fields of energy and mineral resources, to provide maximum benefits for residents’ welfare.
The Directorate General of Mineral and Coal is a subsidiary of the MEMR, and is responsible for carrying out development work in the fields of mineral and coal mining.
The Ministry of Environment assists the President in formulating policy and coordinating environmental planning, implementation, monitoring and control in Indonesia.
Law 4/2009 on Mineral and Coal Mining governs the Indonesian mining sector.