Kamis, Juni 3, 2021

Implementation of Risk-Based Business Licensing through OSS System to Commence as of 2 July 2021

In order to ensure efficient and effective transition for the implementation of risk-based business licensing through the Online Single Submission ("OSS") system, the Minister of Investment/Head of the Investment Coordinating Board ("Minister") has recently issued Circular No. 14 of 2021 on the Transition of the Implementation of Business Licensing to the Implementation of Risk-Based Business Licensing through the OSS System ("Circular 14/2021").
Expecting a full and effective risk-based business licensing implementation to commence as of 2 July 2021, Circular 14/2021 mandates business actors to accelerate the processes for the fulfilment of commitments for existing business licenses that have not been effective and to submit the commitment fulfilments via the OSS system by no later than 25 June 2021 so that the relevant business licenses can be effective and issued by the OSS system before 30 June 2021.
Meanwhile, the fulfilment of commitments and applications for new business licenses by businesses which are submitted to the OSS system after 25 June 2021 and business licensing that have not been issued by the OSS system until 30 June 2021, will be processed through the risk-based business licensing approach, as stipulated under Regulation of the Government No. 5 of 2021 and Regulation of the Investment Coordinating Board No. 4 of 2021.
As of 2 June 2021, information service subsystem and risk-based business licensing subsystem within the risk-based OSS system have been publicly available and can be accessed through the following link: http://www.ujicoba-uuck.oss.go.id. Business actors may conduct trials on the relevant link and provide feedbacks to improve the performance of risk-based business licensing subsystem.
The Circular has been in force since 31 May 2021.

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In order to ensure efficient and effective transition for the implementation of risk-based business licensing through the Online Single Submission ("OSS") system, the Minister of Investment/Head of the Investment Coordinating Board ("Minister") has recently issued Circular No. 14 of 2021 on the Transition of the Implementation of Business Licensing to the Implementation of Risk-Based Business Licensing through the OSS System ("Circular 14/2021").
Expecting a full and effective risk-based business licensing implementation to commence as of 2 July 2021, Circular 14/2021 mandates business actors to accelerate the processes for the fulfilment of commitments for existing business licenses that have not been effective and to submit the commitment fulfilments via the OSS system by no later than 25 June 2021 so that the relevant business licenses can be effective and issued by the OSS system before 30 June 2021.
Meanwhile, the fulfilment of commitments and applications for new business licenses by businesses which are submitted to the OSS system after 25 June 2021 and business licensing that have not been issued by the OSS system until 30 June 2021, will be processed through the risk-based business licensing approach, as stipulated under Regulation of the Government No. 5 of 2021 and Regulation of the Investment Coordinating Board No. 4 of 2021.
As of 2 June 2021, information service subsystem and risk-based business licensing subsystem within the risk-based OSS system have been publicly available and can be accessed through the following link: http://www.ujicoba-uuck.oss.go.id. Business actors may conduct trials on the relevant link and provide feedbacks to improve the performance of risk-based business licensing subsystem.
The Circular has been in force since 31 May 2021.

......