In order to complement the recently simplified provisions regarding the securing of principle/investment licenses[1] and business licenses,[2] which are core requirements for companies looking to establish and engage in business in Indonesia, the Head of the Investment Coordinating Board (Badan Koordinasi Penamanan Modal-“BKPM”) has also issued a regulation that aims to simply procedures for obtaining investment facilities. The new regulation is Head of BKPM Regulation No. 16 of 2015 on the Guidelines and Procedures for Investment Facility Services (“16/2015 Regulation”).
 
This regulation sets out the procedures and requirements which should be met by Foreign Direct Investment (“FDI”) and Domestic Direct Investment (“DDI”) when applying for the following investment facilities (“Investment Facilities”):