Tax Facilities Provided in the Context of Realizing Nusantara Capital (IKN)

The Implementation of Government Regulation (PP) Number 12 of 2023

The President of the Republic of Indonesia has issued Government Regulation Number 12 of 2023 (PP 12), which regulates business permits, ease of doing business, and investment facilities for business players in the Nusantara Capital. This regulation was made in order to make the Nusantara Capital as a sustainable city in the world, the key driver of Indonesia’s economy in the future, and a symbol of national identity.

To achieve this objective, the government provides tax facilities that are specifically applicable to the Nusantara Capital. All tax facilities that are regulated in the taxation laws and regulations, which are not specifically regulated in this Government Regulation, apply mutatis mutandis in the Nusantara Capital.