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
RISK-BASED TARGETING - Optimizing Effectiveness and Cost of
Monitoring:
Resource and time limitations
The Government implemented OSS-RBA on August 9, 2021,
based on Regulation 5 of 2021.
•
Low Risk
Medium Risk
High Risk
•
Focus on critical hazards that are more likely to arise
NIB Issued = 7,058,517
•
Period August 4, 2021 - December 29, 2023
Based on Business
Based on
Based on Business
Actor:
Investment Type:
Scale:
Business Entity
•
FDI = 24,341
= 786,847
DDI =
Individual =
6,271,670
•
Short Medium-term
•
.
-
7,034,176
Micro =
6,800,186
=
Medium = 23,310
Small 187,228
Large = 47,793
Action Plans
Accelerate the reduction of Ex Ante licenses toward Ex Post compliance
(Risk-Based Approach)
• Towards technical regulations for risk management - Third Party System
Establish OSS as a national portal for business licenses with legal
security
Long-term
Consider random inspections because blanket inspections are
not appropriate, resulting in excessively costly (for countries.
and businesses)
INSPECTION:
.
•
Based on the risk
Inspection is carried out to ensure the implementation
of operational and commercial activities according to
business standards
Exception in the implementation of supervision for Micro
and Small Enterprises
Implementation of inspections can be carried out by
certified professionals (third parties).
The Progress of Development Monitoring/Inspection Subsystem
Of the 44 modules in the monitoring (inspection) subsystem:
•
36 modules have been completed/embedded in the OSS RBA (go-live)
•
Speed up better development approach (e.g., climate change, etc.)
8 modules are still in the process of User Acceptance Testing (UAT)
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