- The Minister of Investment/Investment Coordinating Board (Badan Koordinasi Penanaman Modal/BKPM) ("Minister") recently made an announcement on the postponement of the introduction of the new risk-based Online Single Submission ("OSS") system, which was originally set to be launched today, 2 August 2021 at 06.00 WIB in accordance with Circular of the Minister No. 18 of 2021 on the Amendment to Circular of the Minister No. 17 of 2021 on the Transition of Business Licensing Operations to Risk-Based Business Licensing Operations Through the OSS System.
- The implementation of the new risk-based OSS system has now been postponed until further notice in order to improve the system and ensure that risk-based business licensing services will be able to run optimally and efficiently.
- Given that the version 1.1 OSS system discontinued operations on 30 July 2021 at 18.00 WIB, the Ministry of Investment/Investment Coordinating Board is currently not offering any business licensing services until the new risk-based business licensing system comes online, hopefully in the very near future. (BKPM)
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