Overview

In an effort to accelerate and strengthen Indonesia’s economic growth, the government is attempting to create a more conducive investment climate with an eye on boosting investment.[1] In order to realize these objectives, the Indonesian Government has decided to introduce a number of measures. One of these measures has been the preparation and submission of the Draft Bill on Taxation Provisions and Facilities for Economic Enhancement (Omnibus Law) (“Draft Bill”)[2] to the House of Representatives (“House”). The Draft Bill was submitted on 31 January 2020.[3]