TANJUNG LESUNG Paradise on The West Coast of Java

Tanjung Lesung is the first appointed area to get the status of Special Economic Zone (SEZ) in Tourism, awarded by the Indonesian Government.

TANJUNG LESUNG AT GLANCE

TANJUNG LESUNG SEZ

THE CURRENT STATE OF TANJUNG LESUNG SEZ

Tanjung Lesung is located in the Banten Region, between West Java and Sumatera. It is the most western part of Java, located near Jakarta and can be accessed by :

FUTURE EXCELLENT ACCESSIBILITY

Toll Road is Under Construction

& Ready 2019

Marina New Airport

At Panimbang

Tourist Train

EXCELLENT INFRASTRUCTURE

Energy The electric power in Tanjung Lesung is supplied by Perusahaan Listrik Negara (PLN), a public electric company. PLN currently generates electricity by diesel, supplying 40% of Tanjung Lesung electricity.

Waste Water The central waste water system manage by tanjung Lesung infrastructure

Telecommunication It is very easy to access internet in Tanjung Lesung, supply by TELKOM Indonesia, a public telecommunication company. There is a mobile telecommunications network company on the site from many providers.

Estate Management Good quality road works and drainage management. Overall landscaping and signage management

Water The central water system only supplies and manage by Tanjung Lesung infrastructure. Residents outside of Tanjung lesung area extract water directly from rivers or drill wells themselves.

24 Hours Security 24 Hours Security

GATEAWAY TO TOURIST ATTRACTIONS In West Java

PHASE 1 – 1500 Ha PHASE 2 – 5500 Ha

TANJUNG LESUNG SPECIAL ECONOMIC ZONE (SEZ)

PHASE 2

TANJUNG LESUNG SEZ MASTER PLAN

WHY INVEST IN TANJUNG LESUNG

•  Located in Special Economic Zone in Tourism •  Large land development 1.500 HA •  Single Destination & Single Management •  The growth of foreign travelers is promising •  Land value increased significantly •  Surrounded by beautiful beaches •  All year round tropical weather

Government Regulation No.96 Year 2015 Benefit for Foreign Investor and Visitor

As stated in Chapter 68, 75 & 78

Foreigner has the right to own property in Tanjung Lesung Special Economic Zone ! ü  No Minimum Price ü  Stay Permit for 5 Years ü  Leasehold / Right to Use ü  Up to 70 years (25+20+25)

Income Tax Reduction by 20-100% for 5-15 years for investment of more Rp 500 billions As stated in Chapter 10

Free Tax for Import of Luxury Goods As stated in Chapter 12

FISCAL BENEFITS

Main activity (Tax Holiday) •  Main activity (Tax Holiday) includes 20-100% of PPh reduction for 10-25

years with investment value of more than Rp 1 trillion •  20-100% of PPh reduction for 5-15 years with an investment value of

more than Rp 500 billion Tax Allowance •  Activity outside Main Activity (Tax Allowance) includes 30% of net income

for 6 years; accelerated shrinkage. •  10% of PPh on dividend. •  Compensation for 5-10 years of loss •  Import : not levied •  Income from Other Place in Customs Territory (TLDDP) to KEK : not

levied •  Expense from KEK to TLDDP : not levied. •  Transaction between the doers in KEK : not levied •  Transaction with the doer in other KEK : not levied From KEK to domestic market: import tariff uses the provision of Certificate of Origin (SKA)

Income Tax

Value-added tax (PPN) and Luxury Goods Sales Taxes (PPnBM)

Customs

Field

NON FISCAL BENEFITS

•  Foreigner/Foreign Corporation is allowed to own residence/property in KEK (landed house or apartment unit).

•  Owner of residence/property is permitted to live with managing business entity of KEK as a guarantor

•  Exemption of PPnBM and PPn is given for luxury goods. •  In KEK, Wage Council and Special Tripartit Cooperation Institution (LKS)

are formed •  There is only 1 (one) Labor Union/Trade union (SP/SB) Forum in each

company. •  Validation and Extension of the Expatriate Employment Plan (RPTKA) in

KEK. •  Extension of Expatriate Work Permit (IMTA) in KEK.

•  Visa-on-arrival facility for 30 days and it can be extended five times and 30 days for each.

•  Multiple visa valid for 1 year. •  Validation and Extension of the Expatriate Employment Plan (RPTKA) in

KEK. •  Residence permit for foreigner who has property in KEK •  Residence permit for elderly foreigner who lives in KEK for Tourism.

Property Ownership For Foreigners

Employment

Immigration

Field

FOR INQUIRIES :

PT. Banten West Java TD A subsidiary company of PT. Jababeka Tbk.

Marketing Gallery Menara Batavia, Ground Floor

Jl. K H Mas Mansyur Kav 126, Jakarta 10220 – Indonesia Phone : 62 21 572 7225 Fax : 62 21 572 7221

By: rully.lasahido@jababeka.com