Special Economic Zone
Kendal Industrial Park (KIP) has officially become Special Economic Zone regulated by PP 85/2019. We are the only industrial park in the whole Java island with this SEZ status. There are some fiscal and non-fiscal benefits for investors as follows.
Fiscal Benefits*:
- 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)
- Postponement of import duty
Non Fiscal Benefits:
- Immigration
- Employment
- And so on
If you want to know more details about the incentives, please feel free to contact us.
*Subject to the government regulation and approval.