Recently, I received an email from my domain provider notifying me that PANDI will increase the prices for .my.id and .biz.id domains starting January 1, 2025. However, this isn’t exactly breaking news. According to Ufal Salman’s blog post, PANDI actually made the official announcement on Friday, March 15, 2024. What’s interesting is that the price adjustment will be rolled out in two phases. The first phase begins on July 1, 2024, followed by the second phase on January 1, 2025.
Starting July 1, 2024, the renewal price for .my.id domains will rise to Rp50,000, while .biz.id domains will cost Rp100,000. Then, on January 1, 2025, both registration and renewal fees will align with these new prices. This is a significant jump from the previous rates, which ranged between Rp10,000 and Rp12,000.
These domains have long been a favorite for many due to their affordability and availability through numerous local registrars. Whether for personal blogs or business websites, .my.id and .biz.id have been reliable and cost-effective choices. However, with the upcoming price increases, some may start exploring other options.
When compared to other domains, the new price of .my.id will be similar to .ac.id, .sch.id, .or.id, and .web.id, which are priced around Rp50,000. Meanwhile, .id domains remain at Rp220,000, and .co.id at Rp300,000. Despite the hike, .my.id and .biz.id are still relatively budget-friendly compared to some premium domains.
Adding to the recent polemic about tax increases starting January 1, 2025, my domain provider also shared an email regarding the upcoming changes. Based on Law No. 7 of 2021 on the Harmonization of Tax Regulations, specifically Chapter IV Article 7 Paragraph (1), the Value Added Tax (VAT) rate will increase to 12% starting January 1, 2025. This means that all transactions, including new purchases and service renewals, will be subject to the new VAT rate.
However, the provider clarified that there will be no increase in the base price of new services or renewals, except for the specific services previously communicated via email.
If you’re looking to avoid the higher costs, here’s a tip: consider renewing your domain now for multiple years, depending on what your registrar offers. This allows you to lock in the current rate of Rp12,000, even after the price increase. While it requires a larger upfront payment, it’s a smart way to save money in the long run. Think of it as an investment in your domain’s future!