Jakarta, Indonesia CNN - Finance Minister Bambang P.S. Brodjonegoro
began to open up a number of areas will be a key condition enactment as
the location of Offshore Financial Centres (OFC) or a tax-free area in
Indonesia. Some of the conditions that must exist in the area is to have adequate
infrastructure, as well as the existing international financial
institutions operating there."One of the conditions where OFC is the existence of international
financial institutions, or international banking should be there," said
Bambang, yesterday evening.So far, the site has not been determined. But the Bambang assure businesses that the company moved its base of
previously residing abroad to the area, will receive different tax
treatment."Please if there are areas that are interested but yes we would have
to decide the best location as soon as possible following the scheme,"
he said.
In addition, companies in the OFC must comply with the provisions set forth later. Among them, adhere to the transparency of tax and anti-money laundering.
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