Special Economic Zones as Ultimate Facilities for Taxpayers, How Significant are the Benefits?

Various issues regarding the prediction of the global economic recession in 2023 have been widely discussed on various digital platforms, including electronic and social media. Indonesia is also potentially facing a recession due to the decline in global economic stability after the Covid-19 pandemic. The government has warned about the recession threat and has set the theme for the 2023 state budget as being optimistic and cautious. Despite positive signs of economic recovery, it is still essential to remain vigilant about global economic data.

The government’s strategy to maintain economic stability and attract investment is by providing tax facilities for investors in Special Economic Zones (SEZs). SEZs play a vital role in performing economic functions with access to global markets through ports and airports.