Legal Certainty of Business Licensing Integrated Electronically in Investment Licensing

To drive the national economy, investment is one of the factors that continues to be developed by the Indonesian Government. Various efforts have been made by the Government to encourage both domestic and foreign investors to invest in Indonesia. One of these efforts is to build a new electronic-based licensing system. Based on PP Number 24 of 2018 concerning Electronically Integrated Business Licensing Services or often referred to as OSS, licensing services are becoming easier. Through the OSS system, licensing for business and investment is increasingly simplified. Through the OSS system, it is hoped that legal certainty for investing and doing business in Indonesia will be realized with certainty of requirements, certainty of time periods, certainty of costs incurred and certainty of licensing procedures. It is certain that these permits must be able to provide comfort for business actors, avoiding overlapping permits, abuse of authority or corruption from licensing holders. Business and investment permits must provide certainty of fulfillment of predetermined procedures and requirements so as to avoid disputes and lawsuits in court. With the issuance of Law Number 11 of 2020 concerning Job Creation (UUCK), it has further strengthened OSS as a business and investment licensing service system while realizing legal certainty and legal protection for investors in Indonesia.

Authors

Publication Details

Journal
International Journal of Social Science and Human Research
Published
2024-12-11
DOI
https://doi.org/10.47191/ijsshr/v7-i12-13
Primary Topic
Indonesian Legal and Regulatory Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Legal Certainty of Business Licensing Integrated Electronically in Investment Licensing

Ni Made Puspasutari Ujianti, I Nengah Renaya, I Nyoman Gede Antaguna, I Ketut Suliwa Catur Sastradi et al.
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International Journal of Social Science and Human Research
Indonesian Legal and Regulatory Studies
article

Legal Certainty of Business Licensing Integrated Electronically in Investment Licensing

Ni Made Puspasutari Ujianti, I Nengah Renaya, I Nyoman Gede Antaguna, I Ketut Suliwa Catur Sastradi, Ni Putu Laksmi Krisnina Maharani, Ida Ayu Kartika Indrawan
article en

Abstract

To drive the national economy, investment is one of the factors that continues to be developed by the Indonesian Government. Various efforts have been made by the Government to encourage both domestic and foreign investors to invest in Indonesia. One of these efforts is to build a new electronic-based licensing system. Based on PP Number 24 of 2018 concerning Electronically Integrated Business Licensing Services or often referred to as OSS, licensing services are becoming easier. Through the OSS system, licensing for business and investment is increasingly simplified. Through the OSS system, it is hoped that legal certainty for investing and doing business in Indonesia will be realized with certainty of requirements, certainty of time periods, certainty of costs incurred and certainty of licensing procedures. It is certain that these permits must be able to provide comfort for business actors, avoiding overlapping permits, abuse of authority or corruption from licensing holders. Business and investment permits must provide certainty of fulfillment of predetermined procedures and requirements so as to avoid disputes and lawsuits in court. With the issuance of Law Number 11 of 2020 concerning Job Creation (UUCK), it has further strengthened OSS as a business and investment licensing service system while realizing legal certainty and legal protection for investors in Indonesia.

International Journal of Social Science and Human ResearchVol. 07(12)
Peace, Justice and strong institutions
Openalex Percentile: Top 64%
Indonesian Legal and Regulatory Studies
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