Indonesia Issues Guidance For Online Licensing Service

The Indonesian Investment Coordinating Board ("BKPM") on April 1, 2020, issued BKPM Regulation No. 1 of 2020 regarding Guidelines for the Implementation of Electronic Integrated Licensing Services ("BKPM Reg. 1/2020").

The BKPM issued this regulation as part of its authority to provide guidance on business licensing services through the Online Single Submission System (the "OSS System") under Article 94(1) of Government Regulation No. 24 of 2018 regarding Electronic Integrated Business Licensing Services ("GR 24/2018") and Presidential Instruction No. 7 of 2019 regarding Acceleration of Ease of Doing Business.

With the issuance of BKPM Reg. 1/2020, the BKPM has set the norms, standards, procedures and criteria for the business licensing framework through the OSS System, as presently governed under BKPM Regulation No. 6 of 2018 regarding Guidelines and Procedures for Capital Investment Licensing and Facilities, and its amendment, BKPM Regulation No. 5 of 2019.