OJK Seeks Tax Incentives to Boost Indonesia's Capital Market Depth

Request to Commission XI DPR RI

The Financial Services Authority (OJK) has formally requested that Commission XI of the Indonesian House of Representatives (DPR RI) consider implementing tax incentives for the Indonesia Stock Exchange (BEI). This request was made by OJK Chairman Mahendra Siregar during a working meeting with BEI management and Commission XI members on December 3, 2025, at the Parliament Complex in Jakarta.

Rationale for Tax Incentives

The proposed tax incentives are intended to enhance market depth and stimulate activity in Indonesia's capital markets. According to Mahendra Siregar, such measures are crucial for promoting financial market development and increasing the overall competitiveness of the Indonesian capital market. The OJK believes that appropriate incentives will encourage greater participation and investment in the market.

Implications for Indonesia's Financial Markets

The request for tax incentives reflects the OJK's proactive approach to addressing current challenges in Indonesia's financial sector. By potentially reducing the tax burden on market participants, the OJK aims to create a more favorable investment climate. This move is expected to have a positive impact on market liquidity and overall economic growth.

Next Steps

The proposal will now be considered by Commission XI DPR RI, which will review and discuss the feasibility of implementing the requested tax incentives. The outcome of these deliberations will be crucial in determining the future direction of Indonesia's capital market development strategy.