DHE SDA Relaxation Effective 1 September: Check the Criteria
JAKARTA, DDTCNews — The relaxation of the provisions on the domestic placement for export proceeds from natural resources (devisa hasil ekspor sumber daya alam/DHE SDA in Indonesian) under Article 18A of Government Regulation (Gov. Reg.) 21/2026 takes effect for export declarations (pemberitahuan pabean ekspor/PPE in Indonesian) from 1 September 2026.
Based on the mapping of PPE data, 64 companies have been recorded as satisfying the criteria of Article 18A of Gov. Reg. 21/2026, and are therefore entitled to utilise the relaxation of provisions on the domestic placement of the DHE SDA.
"The refined implementation of Article 18A of Gov. Reg. 21/2026 applies to PPE from 1 September 2026," wrote the Coordinating Ministry for Economic Affairs in its official statement, as cited on Monday (31/8/2026).
For a company to utilise the relaxation under Article 18A of Gov. Reg. 21/2026, three cumulative requirements must be satisfied. First, the exporter must be in the form of a limited liability company (perseroan terbatas/PT in Indonesian) engaged in the mining sector.
Second, one shareholder of that limited liability company must be from one of the 5 designated partner countries. Third, the shareholding by shareholders from those 5 countries must be a minimum of 10%.
The 5 partner countries designated by the government are the United States (US), China, Hong Kong, Australia and Canada.
Where all three criteria are fulfilled, a company may place its export proceeds domestically at a minimum of only 30% for a period of 3 months, rather than 100% for 12 months as generally applicable.
Further, companies satisfying the criteria of Article 18A of Gov. Reg. 21/2026 may also place their export proceeds in banks other than state-owned (SOE) banks.
"Article 18A constitutes a facility whose utilisation is optional for mining-sector exporters that fulfil the criteria. Exporters utilising such facility are subject to the obligation to place a minimum of 30% for a minimum period of 3 months at designated foreign exchange banks, including non-SOE foreign exchange banks," stated the Coordinating Ministry for Economic Affairs in its official statement.
Non-SOE banks designated for the implementation of the relaxation of Article 18A of Gov. Reg. 21/2026 include Standard Chartered Bank, Deutsche Bank AG, MUFG Bank, Ltd., JP Morgan Chase Bank, N.A., Citibank, N.A., Bank of China, PT Bank ICBC Indonesia, PT Bank China Construction Bank Indonesia Tbk, PT Bank SMBC Indonesia Tbk and PT Bank HSBC Indonesia.
Should any issues arise in the implementation of Article 18A of Gov. Reg. 21/2026, companies are requested to submit a letter to the Coordinating Ministry for Economic Affairs, in this case, the Secretary of the Coordinating Ministry for Economic Affairs, with a carbon copy the Ministry of Finance, in this case, the Director General of Economic and Fiscal Strategy, and Bank Indonesia, in this case, the Head of the Compliance Management and Report Department. (dik)
