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Key Takeaways and Implications of New BKPM Regulation for Indonesia’s Risk-Based Business Licensing Framework and Investment
Luciana Fransiska
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GUIDANCE ON THE PROVISION OF INTEGRATED ONLINE LICENSING SERVICE THROUGH OSS SYSTEM (Indonesia)
- Publisher
- Nagashima Ohno & Tsunematsu
- Journal /
Book - NO&T Asia Legal Review No.24 (June, 2020)
- Reference
- Practice Areas
*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.
The Indonesian Investment Coordinating Board/Badan Koordinasi Penanaman Modal (“BKPM”) has issued the Regulation BKPM No. 1 of 2020 on Guidelines for the Implementation of Integrated Business Licensing Services (“BKPM Regulation 1/2020”). The BKPM Regulation 1/2020 sets out the framework of business licensing through the OSS System. We summarize the key points that need to be taken into consideration by foreign investors:
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