JAKARTA. The Indonesian government has officially introduced new rules on Natural Resource Export Proceeds (DHE SDA) under Government Regulation (GR) No. 21 of 2026, effective June 1, 2026. In addition to requiring exporters to retain export proceeds domestically, the government is offering tax incentives to businesses that comply with the new requirements.
Finance Minister Purbaya Yudhi Sadewa said natural resource exporters are now required to repatriate 100% of their export proceeds (DHE SDA) to Indonesia. The policy aims to increase the domestic supply of foreign exchange, support the stability of the rupiah, and strengthen financing for national development.
"Natural resource exporters are required to repatriate 100% of their export proceeds to Indonesia," Purbaya said during a press conference at the Danantara Building on Sunday (May 31), as quoted by CNNIndonesia.com.
0% Income Tax for Compliant Exporters
As compensation for the mandatory domestic placement of export proceeds, the government is offering more attractive tax incentives. Exporters that comply with the DHE SDA placement requirements will be eligible for a reduced Income Tax (PPh) rate on income earned from approved DHE SDA investment instruments.
"The government provides tax incentives for exporters that place their DHE SDA in Indonesia. The Income Tax rate on returns from DHE SDA placement instruments can be as low as 0%, depending on the placement period," Purbaya said.
According to the government, the preferential tax rate is more competitive than ordinary investment instruments, which may be subject to an Income Tax rate of up to 20%. The incentive is expected to improve exporter compliance while encouraging more foreign exchange earnings to remain in Indonesia.
Stricter DHE SDA Retention Requirements
Under the new regulation, non-oil and gas exporters must place 100% of their DHE SDA in a special domestic bank account for a minimum of 12 months. Meanwhile, oil and gas exporters are required to retain 30% of their export proceeds domestically for at least three months.
All DHE SDA funds must be placed through state-owned banks (BUMN banks) to strengthen the management of export proceeds.
Foreign Exchange Conversion Capped at 50%
The regulation also limits the use of DHE SDA by restricting the conversion of foreign currency into rupiah. Exporters may convert no more than 50% of the funds placed under the scheme.
"The government also limits the conversion of DHE SDA from foreign currency into rupiah to a maximum of 50% to ensure effective management of export proceeds," Purbaya said, as quoted by CNBCIndonesia.com.
However, the government has provided flexibility for certain exporters with transactions involving partner countries that have bilateral agreements or trade agreements with Indonesia. These exporters may use a more flexible placement scheme in accordance with the applicable regulations. (KEN)
