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
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