NO&T Asia Legal Review
Introduction
In furtherance to the Law No. 11 of 2020 on Job Creation (“Omnibus Law”), the government introduced a new licensing system for companies in Indonesia, known as risk-based licensing through the Government Regulation No. 5 of 2021 on the Implementation of Risk-Based Licensing Service (“GR 5/2021”). Although this regulation has come into force on 2 February 2021, GR 5/2021 explicitly stipulates that the implementation of this new system will be effective on 2 June 2021. During the period between 2 February 2021 and 2 June 2021, the BKPM and other government institutions would actively communicate with businesses, both domestic and foreign investment companies.
Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Ario Putra Pamungkas
Long Nguyen
Rashmi Grover
Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Long Nguyen
Rashmi Grover
Anastasia Jessica Maureen
Yuan Yao Lee
Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Yothin Intaraprasong, Yosuke Konno, Naruenad Charoenpakdee (Co-author)
Ario Putra Pamungkas
Yuan Yao Lee
Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Yothin Intaraprasong, Yosuke Konno, Naruenad Charoenpakdee (Co-author)
Ario Putra Pamungkas
Ario Putra Pamungkas
Yoichi Maekawa
Anastasia Jessica Maureen
Luciana Fransiska