Written by Rivary Finan Hernawan on 01/08/2024
The author’s views are entirely their own and may not always reflect the views of Putranto Alliance.
Below is an AI generated discussion of the topic summary. For any clarity or accuracy please contact us here.
Before a company can legally engage in business activities, it must obtain a business license. This article aims to raise awareness about the types of licenses for business in Indonesia, the laws governing them, and the steps required to obtain them.
Business licenses are permits issued by government agencies that allow individuals or companies to conduct business within the government’s geographical jurisdiction, it is a license to start a business issued by the local government. Its requirement is typically varies and often necessitates multiple licenses issued by various government departments and agencies. Without an appropriate license, government agencies can fine or close the operating business.
Key regulations include BKPM Regulation Number 14 of 2015, Government Regulation Number 24 of 2018 on Electronic Integrated Business Licensing Services, BKPM Regulation Number 1 of 2020, Law Number 11 of 2020 on Jobs Creation (the “Omnibus Law”), and Government Regulation 5 of 2021 on Risk-Based Business Licensing.
To start a business in Indonesia, acquiring a license for business is mandatory. The reasons for this requirement include:
Obtaining a business license in Indonesia comes with several advantages:
To engage in our services, please prepare the following documents:
The duration for obtaining a business license varies based on the type and complexity of the license. For example:
Many operational licenses can now be applied for through the Online Submission System (OSS). The steps to acquire it are:
Putranto Alliance provides comprehensive support to clients in obtaining various types of business licenses in Indonesia, ensuring compliance with all regulatory requirements. Our services include:
Consultation
We offer expert advice on the specific types of licenses required for different industries, such as construction, real estate, mining, and trading.
Application Preparation
We assist in preparing all necessary documentation, including the Company’s Articles of Association (AOA), approval from the Ministry of Law and Human Rights, Business Identification Number (NIB), and Company Tax ID.
Online Submission System (OSS) Navigation
We guide clients through the OSS platform, from registration to the submission of company information and the application for business licenses.
Special Permits Assistance
We help secure additional permits such as Location Permits, Water Location Permits, Environmental Permits, and Building Permits, depending on the business's specific needs.
Post-License Compliance
Our team ensures that businesses remain compliant with all regulations post-license issuance, including regular updates and renewals.
Foreign Investment Support
For foreign investors, we provide guidance on navigating the regulations set by the Investment Coordinating Board (BKPM), including assistance with any industry-specific requirements or exceptions for high-risk sectors.
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Both foreign and domestic investments are administered by BKPM, which regulates the Company Law and the Foreign Investment Law. However, BKPM does not issue licenses for high-risk industries such as financial institutions, insurance, or oil and gas.
A response to the inquiry will be sent to the provided email within 2 working days.
putranto@putranto-alliance.com
Jl. Denpasar Raya Blok C4/24
Kompleks Menteri, Kuningan
Jakarta Selatan, 12950, Indonesia
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