In an effort to implement a simplified procedure for applications for and the granting of income-tax (Pajak Penghasilan– “ PPh ”) facilities, the Minister of Finance (“ Minister ”) has issued Regulation No. 96/PMK.010/2020 of 2020 (“ No. 11/PMK.010/2020 of 2020 on the Implementation of Regulation of the Government No. 78 of 2019 on Income-Tax Facilities for Investments within Certain Business Sectors and/or Certain Regions (“matters:

Granting of PPh Facilities for Investments within Certain Business Sectors and/or Certain Regions Reregulated
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