The Indonesian government and the House of Representatives are advancing plans to establish the Indonesia International Financial Center (PFII) in Bali, designed to attract global investors with aggressive incentives. Central to the proposal is a 0% corporate income tax rate for up to 50 years, which lawmakers describe as a progressive step to strengthen Indonesia’s competitiveness as a financial hub. The PFII would host a wide range of institutions, including investment banks, insurance companies, pension funds, and family offices, positioning Indonesia as a destination for global wealth management and financial services. Mukhamad Misbakhun, chairman of the House Commission XI, emphasized that the initiative aims to repatriate investment flows currently routed through offshore jurisdictions like the British Virgin Islands, Cayman Islands, and Labuan. He also expects state-owned banks, including members of the Himbara group, to expand into investment banking under this framework. The PFII is envisioned as a dedicated enclave combining business-friendly regulations with investment activities that support both the financial industry and the real economy, complementing Indonesia’s stable credit rating of BBB for long-term debt and A-2 for short-term debt.Source: https://indonesiabusinesspost.com/6940/business-and-investment/bali-financial-center-offers-zero-percent-tax-incentives-for-up-to-50-years (ICE GIACARTA)

Fonte notizia: Indonesia Business Post, 17 July 2026