New Regulation on Bonded Zones

The Director-General of Tax (“ Director-General ”) has issued Regulation on the Administration of Bonded Zones (“ Regulation 19/2018 ”), which will serve as an implementation of Article 57 of Regulation of the Minister of Finance on Bonded Zones (“ Regulation 131/2018 ”). [1] In essence, Regulation 19/2018 addresses comprehensive provisions relating to the administration of bonded zones. However, due to the broad scope of Regulation 19/2018, this edition of Indonesian Legal Brief will confine its discussion to the following matters: