The government's ongoing efforts to create a nation which is an investment hotbed remain at full throttle. After advancing several regulations which relax various provisions relating to investment, the Minister of Finance (“Minister”) has now issued Regulation No. 104/PMK.010/2016on Tax, Customs and Excise Treatments in Special Economic Zones (“2016 Regulation”). Through the 2016 Regulation, any new business which is located in a special economic zone (Kawasan Ekonomi Khusus – “KEK”) may be entitled to enjoy certain tax, customs and excise facilities. 
 
A KEK itself is an area which has been designated for the purpose of economic activity and which is subject to certain tax, customs and excise facilities. Such facilities vary, depending on the amount of investment which is being injected by a business, as well as on whether or not the business in question is engaging in the main sector of any given KEK (“KEK Main Sector”). At present, there are 10 KEKs in Indonesia, as detailed in the table below:[1]