Bank Indonesia Policy Mix
Implementing Regulation on Risk-Based Licensing
A new paradigm in accelerating the licensing process to improve Indonesia's investment competitiveness
Ease of Doing Business
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.
Risk-based Business License
Risk Based Business Licensing
aiming to simplify the procedure to
obtain a business license based on
risk analysis and determination of
the scale of a business (whether it
is a small or a big business)
There are 16 sectors in which the Gov
Regulation No 5/2021 covers licensing:
Low Risk
Medium Risk
9.
Transport;
1.
Marine & fisheries;
10. Health, medicine and food;
High Risk
Business Identification
2.
Agriculture;
11. Education and culture;
3.
The environment & forestry;
4.
Energy & mineral resources;
5.
Nuclear energy;
6. Industry;
7. Trading;
8. Public works and housing;
12. Tourism;
13. Religion;
14. Post, telecommunications,
broadcasting, electronic
systems and transactions;
Only required to
obtain a Business
Business
Identification
Number +
Number + License +
Standard Certificate
Identification
Standard
Number
issued by either the
central or regional
15. Defense & safety;
16. Employment.
Certificate
KEMENTERIAN INVESTASI/
BKPM
Source: Coordinating Ministry for Economic Affairs
government
Online Single Submission (OSS) – Risk Based Approach (RBA) will be implemented
starting August 9, 2021 in all regions of Indonesia
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