Investor Presentaiton slide image

Investor Presentaiton

Risk-based Business Licensing Deregulation Measures To Encourage FDI Ex-ante Licensing (satisfying all requirements in advance) is effectively replaced by ex-post licensing (the requirements are checked afterward), which will be particularly advantageous for low- and medium-risk businesses. Starting a Business ' Doing Business The Government implemented OSS-RBA on August 9, 2021, based on Regulation 5 of 2021. RISK-BASED TARGETING Monitoring: - Optimizing Effectiveness and Cost of Low Risk Medium Risk High Risk . NIB Issued = 895.875 Period August 4, 2021 - March 2, 2022 Resource and time limitations Focus on critical hazards that are more likely to arise Consider random inspections because blanket inspections are not appropriate, resulting in and businesses) INSPECTION: excessively costly (for countries • Based on the risk Inspection is carried out to operational and commercial standards ensure the implementation of activities according to business exception in the implementation of supervision for Micro and Small Enterprises implementation of inspections can be carried out by certified professionals (third parties). Based on Business Actor: Based on Investment Type: Based on Business Scale: . Business Entity FDI = 3.052 = 139.410 Individual = 756.465 DDI = 892.843 Micro = 831.288 Small = 46.068 Medium = 10.594 Large = 7.925 • Action Plans • Accelerate the reduction of Ex Ante licenses compliance (Risk-Based Approach) • Towards technical regulations for risk management • toward Ex Post - Third Party System Establish OSS as a national portal for business licenses with legal security Long-term Speed up better development approach (e.g., climate change, etc.) Source: Coordinating Ministry for Economic Affairs Action Plans OSS RBA system development included monitoring subsystem Short Medium-term 27 27
View entire presentation