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Blog - Business Licenses

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Blog: Business Licenses

Update on Licensing Procedures for National Construction Service Businesses in Indonesia

Effective from June 13, 2019, the Minister of Public Works and Public Housing has enforced Regulation No. 08/PRT/M/2019 (or Regulation 8/2019) on Guidelines for National Construction Service Business Licensing Services. This regulation is enacted for the purpose to fulfill the requirements for standardised business licensing for construction companies in Indonesia. Regulation 8/2019 has replaced the …

Your Quick Guide to Building Permit (IMB) in Bali

If you are ready to start a business in Bali, you surely need to prepare yourself to get familiar with the property market, licenses and permits required on the island. This includes knowing what IMB permit or building permit is in Bali, and why you need that. The use of IMB in Bali is not …

Alcoholic Beverage Companies Required to Obtain Industrial Business Licenses through OSS

To further solidify the regulations on alcoholic beverage industry, in terms of production, import, or distribution of alcoholic beverages in Indonesia, the Minister of Industry has recently issued Regulation 17/2019: Control and Supervision of Alcoholic Beverage Industry. Regulation 17/2019 replaced the earlier regulations: Regulation of Minister No. 63/M-IND/PER/7/2014 and the amended version Regulation No. 62/M-IND/PER/8/2015 …

Application for IUI and Expansion Licenses is Now Integrated into OSS System

Licensing services for Industrial Business Licenses (Izin Usaha Industri – IUI) and Expansion Licenses are required to be processed through the Online Single Submission (OSS) system in Indonesia. What is OSS System? The Indonesian government has adopted several business-friendly policies to make it simpler for foreign investors to jumpstart their businesses in the archipelago, including …

Business Licensing within Agricultural Sector in Indonesia

Sustained by its diverse landscape and fertile soils, the agricultural sector in Indonesia has long been a potential sector and an important source of income for many local households and foreign investors. Though serving as one of the pillars of Indonesian economy, it is believed that agriculture is yet to achieve its full potential. Therefore, …

Opening A Restaurant in Bali: Why and How?

Despite the hard work that a foreigner has to put into for running any kind of business, opening a restaurant business in Bali may be one of the most rewarding experiences of your life. Setting up a restaurant business in Bali fuses two of every foreign investor’s greatest desires: making a steady profit while living …

Business Update: Digital Certificates for Construction Sector in Indonesia

Construction market in Indonesia is one of the most important sectors that support the economic growth in Indonesia. In real terms, the construction companies in Indonesia made the economy grow by 5.01% in 2017 and the Gross Domestic Product (GDP) by 10.38% in the same year. In 2018, this sector was worth IDR 451,337 billion …

Business Update: Domicile Letter No Longer Required for Business Establishment in Jakarta

Both local and foreign entrepreneurs looking to start businesses and establishing companies in Jakarta may feel relieved as the procedure of company registration in Jakarta has been made easier than ever before, thanks to the city’s government. This article elaborates in more details regarding the business update related to company registration in Jakarta. Company and …

All Important Points You Need to Know about Investment Adviser in Indonesia

Are you interested in investing in Indonesia? If you need assistance to make the right investment decisions and manage your investment portfolio, you will want to look for an investment adviser for his or her advice. In general, an investment adviser provides direction and guidance in selecting the investment combination that works for you, in …