Client Newsletter – New Implementing Regulations to Implement OSS System
As a furtherance to Government Regulation No. 24 of 2018 on Online Single Submission (“OSS”) Services (“GR 24/2018”), the Head of the Investment Coordinating Board (“BKPM”) has recently issued Head of BKPM Regulation No. 6 of 2018 on Guidelines and Procedures for the Implementation of Capital Investment Licensing and Facilities (“BKPM Reg 6/2018”) and Head of BKPM Regulation No. 7 of 2018 on Guidelines and Procedures for Capital Investment Implementation Monitoring (“BKPM Reg 7/2018”).
How will the new set of rules lead to a better implementation of OSS system and eliminate legal uncertainty to investment licensing in Indonesia?
Please see our newsletter on this here.