Overview
One of the main objectives of Law No. 11 of 2020 on Job Creation (“Job Creation Law”) is the simplification of Indonesia’s prevailing business licensing regime through the implementation of a risk-based business licensing approach. Now that the Job Creation Law has introduced this new approach in general, provisions that elaborate upon it further are required and thus the Indonesian Government is currently preparing a Draft Regulation of the Government (Rancangan Peraturan Pemerintah – “RPP”)[1] on the Implementation of Risk-Based Business Licensing.[2]
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