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ARTICLE · 07 NOVEMBER 2014

Mandatory BKPM online company folders

This new system of online company folders is known as the Electronic Investment Service and Investment Licensing System.

IndonesiaCorporate/Commercial Law

On 25 August 2014, BKPM issued Circular Letter No. 252/A.8/2014 on Company Folders. This new system is known as the Electronic Investment Service and Investment Licensing System (Sistem Pelayanan Informasi dan Perizinan Investasi Secara Elektronik or SPIPISE). BKPM aimed to introduce the SPIPISE system on 1 October 2014.

A company must have a "Right to Access" to create a "Company Folder". The Right to Access can be obtained by (i) visiting the Information and Data Centre (Pusat Data dan Informasi/Pusdatin) at BKPM, or (ii) accessing the official SPIPISE website and completing the application form. Once the Right to Access has been granted, the company must log in to the SPIPISE website and follow the instructions provided to access the system and upload its corporate documents. Further information on and the procedures for this Company Folder can be found at the official SPIPISE website (online-spipise.bkpm.go.id).

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