Overview

In order to improve the country’s investment climate, the Indonesian Government is continuing in its mission to integrate all business sectors into the Online Single Submission (“OSS”) system in a bid to deregulate the investment licensing process while simultaneously making it more efficient. With this overall goal in mind, the authority to operate and manage the OSS system has now been transferred to the Investment Coordinating Board (Badan Koordinasi Penanaman Modal – “BKPM”).[1]