Investor Presentaiton
Implementation of Risk Based Licenses Encourage Government Services to
be Efficient, Easy, and Certain
Licensing Reform
The implementation of Job Creation Law reforms
business licensing regulations by implementing Risk-
based Norms, Standards, Procedures, Criteria
Licenses
based
approach
High
Risk
>>>
Risk based
approach
Government
Regulation No.
5/2021
Medium
High Risk
Purpose:
•
•
A more effective and simpler business
license issuance
integrated supervision of business
activities that is more transparent,
structured and accountable
Medium
Low Risk
Business Identification
Number + Permit
Business Identification
Number + Standard
Certification (Verification)
Business Identification
Number + Standard
Certification (Self Declare)
Low
Business Identification
Risk
Number
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