FTAs are treaties which make trade and investment between two or more economies easier. As member states of ASEAN, Singapore and Indonesia are part of the ASEAN Free Trade Area. Through the establishment of ASEAN Trade in Goods Agreement (ATIGA), Singapore and Indonesia have eliminated their intra-ASEAN import duties on 99.65% of their tariff lines. Find out how you can benefit from tariff concessions with Indonesia.
DTAs serve to relieve the double taxation of income that is earned in one jurisdiction by a resident of another. The Singapore-Indonesia double tax agreement (DTA) provides relief from double taxation in the situation where income is subject to tax for both countries.
The provisions of the DTA apply to persons who are residents of one or both of the Contracting States. Please refer to IRAS for more information regarding the agreement between Singapore and Indonesia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
IIAs promote and protect investments between two countries. Singapore and Indonesia signed a Bilateral Investment Treaty on 11 October 2018.