Deerfield Beach, FL -- (SBWIRE) -- 01/13/2016 -- Synopsis

Indonesian fiscal regime report outlines the governing bodies, laws, mining licenses, mining rights and obligations and tax-related information on nine commodities: coal, copper, gold, silver, nickel, zinc, bauxite, iron ore and manganese.

Summary

Timetric's fiscal regime report covers Indonesia which has a wide range of key minerals, and produces significant quantities of coal, gold, bauxite, phosphates and iron sand. It also has the potential to produce alluvial diamond. The country plays a crucial role in global coal markets, and is a major supplier to Asian countries such as India, China, South Korea, Japan and Taiwan.

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Scope

The report outlines the governing bodies, laws, mining licenses, mining rights, obligations and key fiscal terms which includes central taxes, royalties, corporate income tax, depreciation, withholding tax, loss carry forward, value added tax (VAT) and land and building tax

Reasons To Buy

Gain an overview of Indonesia's mining fiscal regime

Key Highlights

- The Ministry of Energy and Mineral Resources (MEMR) is responsible for the formulation of national and technical policy in the fields of energy and mineral resources, to provide maximum benefits for residents' welfare.

- The Directorate General of Mineral and Coal is a subsidiary of the MEMR, and is responsible for carrying out development work in the fields of mineral and coal mining.

- The Ministry of Environment assists the President in formulating policy and coordinating environmental planning, implementation, monitoring and control in Indonesia.

- Law 4/2009 on Mineral and Coal Mining governs the Indonesian mining sector.

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Table of Content

1 Executive Summary

2 The Indonesian Mining Industry – Governing Bodies
2.1 Ministry of Energy and Mineral Resource (MEMR)
2.2 Directorate General of Mineral and Coal
2.3 Ministry of Environment
2.4 Nuclear Energy Regulatory Agency (Bapeten)

3 The Indonesian Mining Industry – Governing Laws
3.1 Law 4/2009
3.2 Domestic Market Obligation (DMO)

4 The Indonesian Mining Industry – Mining Licenses
4.1 Mining Efforts License
4.2 Special Mining Business License (IUPK)
4.3 Contract of Work (CoW) or Coal Contract of Work (CCoW)
4.4 Divestment Mining Regulation

5 Indonesian Mining Industry – Rights and Obligations
5.1 Rights
5.2 Obligations

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