- The Minister of Investment/Head of the Investment Coordinating Board ("Minister") recently issued Circular No. 17 of 2021 on the Transition of Business Licensing to Risk-Based Business Licensing Through the OSS System ("Circular") in relation to the soft launching of risk-based business licensing conducted via the Online Single Submission ("OSS") system.
- The Circular states that the implementation of the soft launching of the organization of risk-based business licensing via the OSS system will commence on 2 August 2021 and also includes the following provisions: 1) In order to perform data migration to the new risk-based OSS system, OSS system version. 1.1 will be taken off-line at 18.00 WIB on 30 July 2021. As a result, business actors will only be able to apply for business licensing through OSS system version. 1.1 up until a deadline of 24.00 WIB on 29 July 2021; 2) Business actors are expected to expedite the commitment fulfillment process and to submit the relevant documents via the OSS system by 24.00 WIB on 29 July 2021; and 3) From a total of 1702 business activities, some 1349 KBLI will become ready to utilize in relation to the soft launching of risk-based business licensing on 2 August 2021, while the remaining 353 KBLI are being targeted for introduction by the end of August 2021.
- The Circular has been in force since 27 July 2021.
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