Skip to main content


icon two people standing next to a building (icon)



Icon banknotes with arrows pointing left and right (icon)

Total tax contribution


Taxes borne


Taxes collected


  • Third-party revenues


  • Related-party revenues


  • Total revenues


  • Profit before tax


  • Corporate income tax paid


  • Corporate income tax accrued


  • Stated capital


  • Accumulated earnings


  • Tangible assets


  • Other payments to governments

Shell's footprint

Shell's presence in Indonesia goes back more than 100 years to when the discovery of crude oil in Sumatra led to the formation of Royal Dutch Petroleum Company. In 2022, Shell had upstream and downstream activities in Indonesia. Shell's downstream activities include the marketing of fuels, lubricants and bitumen. In its upstream activities, Shell was a partner of INPEX which operates the Masela production-sharing contract, including the Abadi gas fields. In 2023, Shell completed the sale of its 35% interest in the project.

Country financial analysis

The statutory corporate income tax rate in Indonesia is 22%. In 2022, Shell's revenues rose as a result of higher oil and gas prices and increases in demand, and were generated mostly by the downstream business. Our upstream activities are in the exploration phase and therefore did not make a profit. Shell in Indonesia reported a loss for 2022. Corporate income tax paid in 2022 relates to a prepayment made in 2022 and a tax refund for 2019 received in 2022. The corporate income tax accrued figure represents net corporate income tax payable accrued for 2022.

Read more in Total tax contribution.

Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
View complete glossary
Corporate income tax accrued
This is the amount of corporate income tax for 2022 recorded as current-year tax in Shell’s Consolidated Statement of Income. This also includes withholding tax accrued. It does not include prior-year adjustments, deferred tax or provisions for uncertain tax liabilities.
View complete glossary
Corporate income tax paid
This comprises corporate income tax paid in 2022, as recorded in Shell's Consolidated Statement of Cash Flows, and includes accrued withholding taxes on dividend, interest and royalty payments to Shell entities. In some cases, this may include payments made in relation to previous years or future years as tax payments are often made in arrears or in advance. It does not include withholding taxes collected by Shell on dividends paid to shareholders. Nor does it include corporate income tax paid by non-consolidated joint ventures and associates.
View complete glossary
Corporate income tax payment regimes differ. Many tax regimes require payments to be made in instalments. These payments may be due before the final tax liability is known or agreed.
View complete glossary
Production-sharing contracts or concessions
A production-sharing contract is a contractual arrangement between the holders of a resource, typically a country’s government, and a resource extraction company, concerning how much oil or gas each party would receive. The company bears the mineral and financial risk of the initiative. It explores, develops and, if successful, manages production. Costs are recovered through the sale of oil or gas and what is left over is split depending on the terms of the contract.
View complete glossary