IFCCI has organized a Forum Group Discussion Investment Outlook- BKPM One Stop Service: “New Hope for a Conducive Investment?”
on Tuesday, 3rd of March 2015 at the Sultan Hotel Jakarta.
The new One Stop Service (OSS) is a service provided by BKPM to shortens the application process by giving the investor a direct access to the online system (skipping the step of the queue number which would apply in the offline process). By using the online OSS the investor will be able to find the different type of licenses, the required documents, and the completion period. The investors will be able to track their documents. It will then be easier to track the documents, especially in case of need of clarifications.
In this forum group discussion we have recognize that OSS favors is a greater efficiency and a more effective coordination, as all officials of the BKPM and related ministries are under one roof. The foreigners who want to set up their PMA in Indonesia can also directly monitor their application by internet. However, this service need to improve the licensing process for better progress. The BKPM wants to invite all the ministries to work together and to integrate the OSS. 22. The objective from this One Stop Service is to “streamline” the process.
Most of all, the key challenges itself are the infrastructures, business licensing, the consistency in the regulation policy, the labor issues.
Mr. Pratito Soeharyo, the Director of Business Empowerment of Indonesia Investment Coordinating Board (BKPM), Mr. Harri Santoso, as Investment Marketing Executive for America & Europe of Indonesia Investment Coordinating Board (BKPM), Mrs. Maria H. Sagrado, Partner at Makarim & Taira S. Counsellors at Law have delivered such an excellent presentation and Mr. Sandi Adila from Mochtar Karuwin Komar Law Firm took part as a moderator.
We believe the participants found the discussion interesting and informative. Thus, we appreciate the valuable contribution of the speakers’ presentation which was enlightening and insightful.
Once again, thank you for all the speakers and participants who attended this interactive group discussion. We look forward to having another fruitful discussion with all of you in the next IFCCI forum group discussion or seminars.