Indonesia's Mining Fiscal Regime 2019
Summary
GlobalData's “Indonesia's Mining Fiscal Regime 2019” report outlines the country's governing bodies, laws, mining licenses, rights and obligations. It envisages tax and royalty related information on commodities including coal, copper, gold, silver, and nickel.
Indonesia has abundant minerals, including coal, gold, bauxite, copper, and nickel, alongside the 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 Ministry of Energy and Mineral Resources (MEMR) is the country’s chief governing body. It endeavors to improve energy and mineral operations, making them more efficient, sustainable and environmentally friendly. The country's Association of Exploration and Mining Development promotes the minerals sector in Indonesia in socially, politically, environmentally and commercially responsible ways. Besides, it also attracts investment for new resource discoveries in the country and assists the government in developing mineral policies.
Scope
- To gain an overview of the Indonesia's mining fiscal regime
- Find out Indonesia's governing bodies, major laws in the industry
- Identify mineral licenses and mining areas in the country
Reasons to buy
- 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, and value added tax (VAT)
Summary:
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