Indonesia is a very welcoming place for cryptocurrency traders or individuals with crypto assets. Compared to some other countries, Indonesia applies a very low tax on cryptocurrency.
However, with the government’s recent tax rate update in July 2025, anyone engaged in cryptocurrency in Indonesia must understand their tax obligations.
This expert guide provides a comprehensive overview of the updated tax landscape. We’ll detail who is subject to cryptocurrency tax, explain the taxation rates for both local and foreign transactions, and clarify how to report income from crypto assets in Indonesia.
Furthermore, we’ll outline how a foreigner can become an official tax resident to benefit from Indonesia’s favorable tax system.
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Our team combines deep local knowledge with international best practices, ensuring that every solution is both compliant and strategic.
With a proven track record, clear communication, and a client-focused approach, ILA has become a trusted advisor for individuals and businesses looking to establish a strong, sustainable presence in Indonesia.
Who is Subject to the Cryptocurrency Tax in Indonesia?
When you sell or convert an asset to fiat currency, you trigger the tax, which applies to a range of participants in the crypto ecosystem. Below is a detailed breakdown of who is subject to this tax in Indonesia:
- Crypto Asset Sellers;
- Electronic System Trading Operators; or
- Crypto Asset Miners, related to Crypto Assets, are subject to Income Tax.
In other words, the tax system subjects a person resident in Indonesia or trading/operating in Indonesia to the tax on its crypto assets. The taxation applies when the asset holder sells their crypto or converts it into a Fiat, such as IDR.
Terms Related to Cryptocurrency Tax Subject
Understanding these specific terms is essential for navigating the complexities and ensuring a compliant cryptocurrency tax situation in Indonesia:
| Terms | Definition |
|---|---|
| Electronic System Trading Operators | Companies or platforms (both local and foreign) that facilitate the buying, selling, or trading of crypto assets. They are responsible for reporting and collecting the tax. |
| Fiat Currency | Government-issued money that is not backed by a physical commodity, such as gold or silver, but by the government that issued it. The Indonesian Rupiah (IDR) is an example. |
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How is Cryptocurrency Reported in Indonesia?
In Indonesia, the Exchanger (Electronic System Trade Operator) is responsible for reporting the income tax return (SPT PPh). Income Tax under Article 22, as referred to in Article 20, Paragraphs 1 & 4, is collected at the time:
- The Electronic System Trading Operator receives the payment as referred to in Article 20, paragraph (2), subparagraph a from the Crypto Asset Buyer;
- the execution of exchanging Crypto Assets as referred to in Article 20 paragraph (2) subparagraph b; and/or
- The Electronic System Trading Operator receives other income payments, other than those referred to in Article 20, paragraph (2), subparagraph a and subparagraph b.
Other provisions in the regulations define the income tax declaration as follows:
- Electronic System Trading Operators must create Withholding/Unified Collection Evidence for the collection of Income Tax under Article 22 as referred to in paragraph (9).
- Withholding/Unified Collection Evidence as referred to in paragraph (10) may be in the form of Documents Equated to Withholding/Unified Collection Evidence.
- Electronic System Trading Operators must remit the Income Tax under Article 22 that has been collected as referred to in paragraph (9) no later than the 15th day of the following month after the Tax Period ends, by the provisions of tax laws and regulations.
- Electronic System Trading Operators or others use a tax payment letter or other administrative means to remit the Income Tax under Article 22 as referred to in paragraph (12).
- Electronic System Trading Operators must report the Income Tax under Article 22 that has been collected and remitted by submitting a Unified Income Tax Period Notice Letter no later than 20 (twenty) days after the Tax Period ends, in accordance with tax laws and regulations.
Terms Related to Cryptocurrency Report
| Term | Definition |
|---|---|
| SPT PPh | Surat Pemberitahuan Pajak Penghasilan (Income Tax Return). This document serves as the official means to report income tax to the Indonesian tax authority. |
| Withholding/Unified Collection Evidence | An official document that serves as proof that Income Tax under Article 22 has been collected by the Electronic System Trading Operator. It may also be referred to as a “Document Equated to Withholding/Unified Collection Evidence.” |
| Unified Income Tax Period Notice Letter | An official letter or document that Electronic System Trading Operators must submit to report the taxes they have collected and remitted for a specific tax period. |
What is the Taxation of Cryptocurrency in Indonesia?
Indonesia’s crypto tax rates are specific and relatively low. However, the exact rate depends on whether you use a domestic or a foreign platform. For foreign investors, an existing tax treaty can also influence their tax obligations. Below is a breakdown of the specific tax rates and rules for cryptocurrency transactions in Indonesia.
- Income is subject to an Income Tax at a rate of 0.21% (zero point one percent) of the value of Crypto Asset transactions, excluding Value Added Tax and Luxury Goods Sales Tax.
- However, if you conduct the transaction on a foreign exchange platform (outside Indonesia), the Income tax rate is 1%.
- Regulations reduce the income tax on foreign e-commerce platform providers to 0.21%.
- Income Tax is final, meaning there is no more tax after the taxation.
- If the Electronic System Trading Operator, as referred to in paragraph.
- Suppose the amount of money paid by the Crypto Asset Buyer is in fiat currency other than the Rupiah. In that case, you shall convert the value into Rupiah based on the exchange rate determined by the Minister on the date of receipt of payment.
- If you conduct Crypto Asset transactions by exchanging Crypto Assets, you determine the transaction value by converting the Crypto Assets into Rupiah based on:
- The value determined by the futures exchange conducting the trading of Crypto Assets; or
- the value within the system owned by the Electronic System Trading Operator, is consistently applied.
- Suppose other income from Crypto Asset transactions is received or obtained in a currency other than the Rupiah. In that case, you shall convert the income into Rupiah based on the exchange rate determined by the Minister on the date of receipt or receipt of income.
Terms Related to Cryptocurrency Taxation
| Term | Definition |
|---|---|
| Income Tax (Crypto) | The tax levied on Crypto Asset transactions. The standard rate is 0.21% of the transaction value, but it increases to 1% if the transaction occurs on a foreign exchange platform. |
| Value Added Tax (VAT) | A consumption tax applied to goods and services. The text indicates that Crypto Asset transactions are *excluded* from this tax. |
| Final Income Tax | A type of income tax where the tax obligation is fully settled at the point of collection, meaning no further tax is due on that specific income after this initial taxation. |
What is the Best Way to Become a Tax Resident and Have the Cryptocurrency Taxed in Indonesia?
The best way to become a tax resident in Indonesia is simply to apply for a remote worker KITAS. The resident permit is valid for 1 year and allows the applicant to obtain a tax resident number (NPWP).
With this taxation number and the stay permit, the foreigner can provide the documentation to their own country and register to be a tax resident. The Indonesian taxation will then apply.
For somebody already having a company in Indonesia or a property, the best way is to obtain the investor KITAS and apply the exact mechanism.
Navigating the new cryptocurrency tax landscape in Indonesia can be complex, but ensuring compliance is crucial for a secure and profitable investment journey. Don’t let tax regulations and residency requirements become a source of stress.
For personalized guidance and expert assistance in managing your Cryptocurrency taxes in Indonesia, contact ILA Global Consulting today. Our team is ready to help you ensure a seamless and compliant process, allowing you to focus on your crypto assets with confidence.
