Attention for Oil and Gas Joint Operation Contractor: Maximum remuneration for expatriates is applied
The maximum remuneration amount for expatriates which can be recognized as expense by an Oil and Gas Joint Operation Contractor (hereinafter referred to as “the Contractor”) is stipulated in the Finance Minister No. 258/PMK.011/2011. The remuneration shall consist of salary, allowance, and other payment related with annual performance of the Contractor and shall not be given in a long term period.
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RATE FOR EXPATRIATES WITH PASSPORTS FROM THE FOLLOWING AREA
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| Category of Position | Asia, Africa and Middle East Area | Europe, Asia, Australia, and South America Area | North America Area | Remarks |
| Highest Executive | 562,200 | 1,054,150 | 1,546,100 | Level-1 position in Cooperation Contract Contractor/KKKS (President, Country Head, General Manager) |
| Executive | 449,700 | 843,200 | 1,236,700 | evel-2 position inKKKS (Senior Vice President, Vice President) |
| Managerial | 359,700 | 674,450 | 989,200 | Level-3 position inKKKS (Senior Manager, Manager) |
| Professional | 287,700 | 539,450 | 791,200 | Level-4 position inKKKS (Specialist) |
The remuneration limit is not valid for those having very specific and rare skills in the natural gas and oil sector. In other words, there is an exception of remuneration for such expatriates, where it can be recognized as expense by the Contractor without a limitation on the amount. The remuneration expensed shall be the actual amount paid to such expatriates.
