Indonesia has published Law No. 10 of 2020, which provides certain stamp duty amendments, including an increase in the fixed stamp duty rate with effect from 1 January 2021. Currently, certain documents such as notarial deeds, deeds of conveyance, financial documents, securities, etc. are subject to stamp duty at fixed rates of either IDR 3,000 or IDR 6,000 depending on document type and value.
With effect from 1 January 2021 a fixed rate of IDR 10,000 applies for all documents that are su…