Home Blog [2020 Updated] OSS System Services Begin to Operate at BKPM Business Licenses | Business Setup | Indonesia | Legal Updates [2020 Updated] OSS System Services Begin to Operate at BKPM InCorp Editorial Team 31 December 2018 3 minutes reading time Table of Contents What to expect? 2020 Update: OSS 1.1. is in Its Full Operation Nearing the end of the year 2018, The Electronic Integrated Business Licensing System (Perizinan Berusaha Terintegrasi Secara Elektronik abbreviated as PBTSE), also known as the Online Single Submission (OSS) system, will be transferred from the Coordinating Ministry for Economic Affairs to the Investment Coordinating Board (BKPM), starting on January 2, 2019. The schedule is as the following: Operational licensing services assisting and operating the OSS system will begin on January 2, 2019. Issues concerning the transfer shall be managed jointly by the Technical Team from Coordinating Ministry for Economic Affairs. Provision of OSS system infrastructure by BKPM will begin on March 1, 2019. BKPM’s Main Secretary Andi Maulana stated that he was ready to accept the transfer of business licensing services and OSS system management from the Coordinating Ministry for Economic Affairs. The OSS system is a web-based system that currently runs on cloud infrastructure and as such does not require any application transfer. Coordinating Minister for Economy, Darmin Nasution has emphasized that OSS will only run temporarily in the Coordinating Ministry for Economic Affairs. It is only a transitional period before its permanent implementation by BKPM. OSS was established based on Government Regulation Number 24 of 2018 concerning Electronic Integrated Business Licensing Services. Established on July 9, 2018, the system attempts to simplify business licensing and create a model of integrated licensing services that are fast, inexpensive and provide certainty for business applicants. Other updates: New Negative Investment List Opens 54 Sectors to Foreigners What to expect? The system is currently accepting applications as usual since such process is being conducted online. Further updates will be visible next year upon execution of the schedule. For more information contact our teams of advisors based in Jakarta, Semarang, and Bali. Other updates: Digital Financial Innovation in Indonesia 2020 Update: OSS 1.1. is in Its Full Operation To ensure even better business compliance and the streamlined process, the Indonesian government has upgraded its OSS system to OSS version 1.1. Highlighted differences between the upgraded OSS system and the previous one include defined business actors for account registration, more clear business licensing stages, better data entry format legality, location permit for forest and water, application of commercial and operational licenses, notice about business requirements that are yet to be fulfilled, automatic calculation of total investment value based on all five digits of KBLI codes, and an addition of branch office registration and Foreign Company Representative Office (KPPA) registration. Cekindo is a leading one-stop market entry company that not only provides market penetration services but presents legal updates in order to keep Cekindo’s clients updated and in compliance with the current law. Read Full Bio Verified by Daris Salam COO Indonesia at InCorp Indonesia With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships. Frequently Asked Questions Can investors own shares with preferential rights? Under Indonesian Company Law, shareholders can hold shares with various preferential rights, such as voting rights, nomination rights for board members, priority dividend or liquidation proceeds, and options for conversion or withdrawal after a set period. Is there limited responsibility for shareholders in a PMA company? In a PMA Company in Indonesia, shareholders typically have limited liability, meaning they’re not personally liable for agreements or losses beyond their shareholding, except in certain circumstances. Liability may extend if the company isn’t properly established or if shareholders exploit the company in bad faith, engage in unlawful acts, or deplete company assets to the detriment of creditors. What is the difference between PT and CV? You can find the difference below: PT: limited liability company (shareholders are not legally liable for company liabilities) CV: a proprietary company where liability falls on the shareholders Can you provide pricing examples for company registration services? To provide you with accurate pricing information for our product registration services, we consider the complexities of your inquiries and the dynamic nature of regulations in Indonesia. As a result, the pricing for the service may vary accordingly. For detailed information, don’t hesitate to contact our consultants. Get in touch with us. Lead Form Updates Full NameEmailPlease provide corporate email where possiblePhone NumberOffice SetupWhich city are you planning to expand into?JakartaSemarang/Central JavaBali/LombokBatam/SumateraSurabaya/East JavaOther ProvincesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Package (20% OFF)[SPECIAL PACKAGE] Product Registration + License Holder (20% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Service (20% OFF)[SPECIAL PACKAGE] Comprehensive Industrial Package (15% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration + Office Service (20% OFF)[SPECIAL PACKAGE] Comprehensive Industrial Package (15% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration (25% OFF) + Office Space (Private Office 30% OFF)[SPECIAL PACKAGE] Company Registration + Investor KITAS (25% OFF)[SPECIAL PACKAGE] Accounting + Tax Services+ Annual Fintax Report (20% OFF)[SPECIAL PACKAGE] Payroll Services for Executive Role (20% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -[SPECIAL PACKAGE] Company Registration (20% OFF) + Office Service (25% OFF)[SPECIAL PACKAGE] Company Registration + Micro Finance Services (25% OFF)[SPECIAL PACKAGE] Property Assistance: Due Diligence + AJB Purchase/Lease Agreement (25% OFF)Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesType of Service- Please Select -Business SetupAccounting and TaxHR & Payroll servicesImmigration ServicesProduct Registration and ImportCompliance and Secretarial ServicesBusiness AdvisoryMore ServicesServices Company Registration Renting Virtual and Serviced Office Mergers and Acquisitions Business and Import Licenses Corporate Recovery and Insolvency Closing of Company (Dissolution) Land and Property Ownership Shelf Company Local NomineeServices Accounting and Tax Reporting Audit and Review Transfer Pricing Compliance Tax RefundHuman Resource Sub Services Payroll Outsourcing Employer of Record Recruitment and HR Establishment Employment ServiceServices Business Visa Work Permit and KITAS Dependent Visa (Spouse and Family) OtherBusiness Visa Subservices Business Visa Visit Visa Visa ExtensionServices Medical Device Beauty (Skincare and Cosmetic) Food and Beverage Health Supplement Household Product Halal Certification TrademarkServices Legal Consultation Legal Agreement Service Due Diligence and Background Check Company Documents RevisionBusiness Advisory Business Advisory Services ESG Reporting & Advisory Internal Audit Risk ManagementMore Services Market Research and Analysis Local Distributor and Partner Bank AccountMessageSubmit What you’ll get A prompt response to your inquiry Knowledge for doing business from local experts Ongoing support for your business Disclaimer The information is provided by PT. 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