Common Contracts
1 similar General Agreement on Trade in Services (Gats) contracts
GENERAL AGREEMENT GATS/SC/43General Agreement on Trade in Services (Gats) • August 23rd, 2005
Sector or subsector Limitations on market access Limitations on national treatment Additional commitments ALL SECTORS INCLUDED IN THIS SCHEDULE 1), 2) As specified in each sector 1), 2) As specified in each sector3) The Income Tax Law provides that non- resident taxpayers will be subject to withholding tax of 20% if they derive the following income from Indonesian source:a) interestb) royaltiesc) dividendd) fee from service performed in Indonesia Land AcquisitionUndang-Undang Pokok Agraria (Land Law) No. 5 of 1960 stipulates that no foreigners (juridical and natural persons) are allowed to own land. However, a joint venture enterprise could hold the right for land use (Hak Guna Usaha) and building rights (Hak Guna Bangunan), and they may rent/lease land and property. Any juridical and natural persons should meet professional qualification requirements. 3) Commercial Presence of the foreign service provider(s) may be in the form of joint venture and/or representative office, unles
