Special Economic Zone
Kendal Industrial Park (KIP) has officially become Special Economic Zone in 2019, regulated by PP 85/2019. We are the only industrial park in Central Java with this SEZ Status. There are some fiscal and non-fiscal benefits for investors as follows.
- Tax Holiday up to 20 years depending on the investment value
- Tax Allowance of 30% divided into 6 years
- Exemption of Value Added Tax (VAT)
- Exemption of Import Duty
- and so on
*Subject to the government regulation and approval.