Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
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
The Government implemented OSS-RBA on August 9, 2021,
based on Regulation 5 of 2021.
RISK-BASED TARGETING
Optimizing Effectiveness and Cost of
Monitoring:
Low Risk
Medium Risk
High Risk
NIB Issued = 3.049.239
Period August 4, 2021 - December 23, 2022
Based on Business
Based on
Actor:
Investment Type:
Business Entity
•
FDI 10.298
= 377.853
DDI =
=
•
Individual
2.671.386
Short Medium-term
.
.
•
-
3.038.941
Action Plans
Based on Business
Scale:
Micro =
2.888.733
•
Small = 117.477
Medium 16.565
Large = 26.464
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 for Economic Affairs
•
Resource and time limitations
Focus on critical hazards that are more likely to arise
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
operational and commercial
standards
ensure the implementation of
activities according to business
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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