Super News: 45 Additional Business Fields no Longer Have to Apply for Additional Licenses

Just like in every other country, when it comes to starting a business in Indonesia, you will have to navigate a number of government offices at local and provincial levels to apply for a business license. Different regions in Indonesia may require different types of licenses before entrepreneurs can start running their businesses.

Good news for investors, both local and foreign, the government of Indonesia has come up with more efficient ways to encourage investments into the country. Previously, the government made a successful attempt to make Indonesia a business-friendly country by simplifying the business license application process through the implementation of what is called the Online Single Submission (OSS) system.

Now, the government has added 45 business fields (Klasifikasi Baku Lapangan Usaha Indonesia – KBLI) that can start operations once they have obtained Business Identification Number (Nomor Induk Berusaha – NIB) through OSS without having to apply for additional licenses such as tourism license.

OSS Guarantees Faster and More Convenient Business Licensing Process

OSS is an integrated web-based business permit application that allows the business license application in Indonesia to happen as fast as two hours, making OSS is an ideal example of a fast, affordable, and certain licensing service model. Business owners and investors from anywhere across the world can now access the OSS system online anywhere and anytime.

As briefly mentioned above, a business license is required for any business activities and companies operating in Indonesia, including foreign-owned companies (PT PMA).

With the implementation of OSS that has been effective since July 2018, all business entities will have to register online. After the completion of registration at OSS, each business will automatically get a NIB one day after the registration, provided that all required documents are complete. A Business License (Surat Izin Usaha Perdagangan – SIUP) will also be granted alongside the NIB if your business does not require other licenses, which depends on the business sector your company is engaged in.

Update on Business License in Indonesia: 45 Additional KBLIs No Longer Required to Apply for Additional Licenses

If you intend to run a business in one of the following fields, you will not have to apply for any additional licenses. Once you have secured your NIB and SIUP, you can start your business operations in Indonesia immediately.

For more information about KBLI, check out Cekindo’s E-Library.

Notes for PT PMA

If your company is a PT PMA, you will still need to satisfy the requirements for the establishment of PT PMA, such as the limitation of foreign ownership as regulated under the Negative Investment List (Daftar Negatif Investasi – DNI), the minimum paid-up capital, and the investment plan. To know more about PT PMA and the benefits it offers to foreign entrepreneurs, read Registering a PT PMA in Indonesia.

Consult with Experts before Incorporating Your Business in Indonesia

To ensure seamless business incorporation in Indonesia, it is always best to consult with experts. Consisting of a team of professional consultants and legal specialists, Cekindo has been assisting thousands of clients wanting to start or expand businesses to Indonesia.

Start right by engaging one of our specialists for free. Fill in the form below or visit one of our offices that are situated in Jakarta, Bali, and Semarang.