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
High
Risk
Business Identification
Number + Permit
Risk based
approach
Government
Regulation No.
5/2021
Medium
High Risk
approach
.
Purpose:
A more effective and simpler business
license issuance
integrated supervision of business activities
that is more transparent, structured and
accountable
Source: Ministry of Finance
Business Identification
Number + Standard
Certification (Verification)
Business Identification
Medium
Low Risk
Number + Standard
Certification (Self Declare)
Low
Risk
Business Identification
Number
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