Inflation Control and Financial Facilities Strategy slide image

Inflation Control and Financial Facilities Strategy

Enhancing Business License Service Standard Presidential Regulation to Accelerate Ease of Doing Business implemented since 2014 Main Policy Policy Goals Improve efficient, streamlined, & integrated business license service standards A 1 Provide business licensing process assurance in terms of the costs and lead times Overcome the barriers to doing business in Indonesia 2 4 6 3 5 M Source: Coordinating Ministry for Economic Affairs Accelerate the business licensing process Increase coordination & synergy between central & regional government Implement integrated licensing process (single submission) 1st Phase Forming a Task Force to identify & overcome the end- to-end licensing barriers Implementing a licensing checklist for Special Economic Zones (KEK), Free Trade Zones (FTZ), Industrial Zones & Tourist Zones Utilizing data sharing 2nd Phase Business license regulatory reforms Implementation of the Single Submission system Note: 1st and 2nd Phase are implemented in parallel 54
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