Tax Incentive Analysis to Encourage Venture Capital Investing in Digital Start-up Companies

Yosephine Uliarta, Milla Sepliana Setyowati

2019

Abstract

Digital start-up are generally the main drivers of the development of the digital economy. As a company that promotes innovation, investing in startups has a very high risk. One of the startup funding comes from venture capital investment. The purpose of this study is to analyze tax policy in Indonesia, which aims to encourage venture capital investment in startups and illustrate tax incentives for venture capital investment implemented in Singapore and China. This research was conducted using a qualitative approach and qualitative data analysis techniques. The results of this study indicate that to support venture capital investing in startups, the Indonesian government provides tax incentives in the form of tax exemptions on dividends. The tax incentives provided are not attractive because they do not fit into the venture capital investment model. Tax incentives for venture capital applied in Singapore are provided in the form of tax exemptions on capital gains, interest, and dividends, while China provides tax incentives in the form of tax reductions

Paper Citation

in Harvard Style

Uliarta Y. and Setyowati M. (2019). Tax Incentive Analysis to Encourage Venture Capital Investing in Digital Start-up Companies.In Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI, ISBN 978-989-758-461-9, pages 229-238. DOI: 10.5220/0009402402290238

in Bibtex Style

@conference{icoaci19,
author={Yosephine Uliarta and Milla Sepliana Setyowati},
title={Tax Incentive Analysis to Encourage Venture Capital Investing in Digital Start-up Companies},
booktitle={Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,},
year={2019},
pages={229-238},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009402402290238},
isbn={978-989-758-461-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,
TI - Tax Incentive Analysis to Encourage Venture Capital Investing in Digital Start-up Companies
SN - 978-989-758-461-9
AU - Uliarta Y.
AU - Setyowati M.
PY - 2019
SP - 229
EP - 238
DO - 10.5220/0009402402290238