Starting a business structure correctly and in accordance with the law from the start will make it easier for you in the future. We help you build a secure, flexible and legally compliant business for your long-term business.
Business licenses are an essential aspect of beginning and owning a business in Indonesia. Certain commercial operations are prohibited by the country’s laws if the company in issue lacks any of the required business licenses.
Any company that meets the requirements for getting a license or permission is eligible to apply. The business license in Indonesia will be issued if the government officials are satisfied with the application.
Business license is the most popular among the Indonesia company. They engage in general commercial activities as well as the provision of goods and services use this license.
An industrial business license is required for companies that manufacture but are not involved in oil, gas, or geothermal activity. Before beginning any commercial activity, building companies must get a construction business license. Although other types of company licenses exist in Indonesia, the three types listed above are by far the most common.
Regulation of Government No. 24 of 2018 on the Electronically Integrated Business Licensing Service is the fundamental regulation that oversees the issuing of business licenses in Indonesia. “Regulation 24/2018” is the official name for this statute.
A business license can be applied for in front of the head of the Indonesian Investment Coordinating Board (BKPM) or the head of the Regional Investment Coordinating Board (BKPMD).
Before issuing the license, the authorities assess the company’s domicile, business activity, and foreign investment license.
After that, the applicant must fill out and sign an application form at a BKPM or BKPMD office. All required documentation must be included. The license will be issued if the authorities are pleased with the application. The processing, approval, and issuance of a business license in Indonesia typically takes 14 working days.