“The risk-based approach licensing regime divided the licensing into three risk levels: low, medium, and high risk. Medium risk contains two categories: medium-low and medium-high risk. For the low-risk category, the NIB also has the function of a business license. Meanwhile, for medium, both medium-low and medium-high risk, the company
“LKPM ditujukan sebagai sarana penyajian laporan terkait realisasi penanaman modal dan komunikasi antara BKPM dan pelaku usaha, termasuk Perusahaan Penanaman Modal Asing (PMA).” Undang-Undang Nomor 25 Tahun 2007 tentang Penanaman Modal (“UU Penanaman Modal”) mewajibkan para pelaku usaha untuk menyusun Laporan Kegiatan Penanaman Modal (“LKPM”) dan disampaikan kepada Badan Koordinasi
“The business entities who already registered on the OSS System previously have to migrate their data to the OSS Risk-Based Approach to maintain their business registry and licenses.” In November 2020, the Government issued the Job Creation Law No. 11 of 2020 (UU Omnibus) to attract more investors into Indonesia
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