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 = 4.886.769
Period August 4, 2021 – July 26, 2023
•
Based on Business
Based on
Actor:
Investment Type:
Based on Business
Scale:
Business Entity
Micro =
•
FDI = 17.954
= 605.807
DDI =
Individual =
4.868.815
•
4.280.962
•
Short Medium-term
•
-
Action Plans
4.669.739
=
Small 158.938
Medium 20.101
Large = 37.991
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
Speed up better development approach (e.g., climate change, etc.)
Source: Coordinating Ministry of Economics
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)
•
8 modules are still in the process of User Acceptance Testing (UAT)
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