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Background The scope of investment services which includes the activity held by BKPM aside from the licensing services are the non-licensing services. Article 1 paragraph 6 of Regulation of Chairman of BKPM No. 12 year 2009 (“Perka BKPM 12/2009”) stated the definition of non-licensing services as all types of convenience services, fiscal facilities, and information…Read more
Background To create an order in the investment activity, the authorized body needs to set out a line of licensing process before an investor could conduct the investment activity in the territory of Indonesia. Investment Coordinating Board (Badan Koordinasi Penanaman Modal) (“BKPM’) introduced a system, namely Integrated One Door Service (Pelayanan Terpadu Satu Pintu) (“PTSP”)…Read more
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