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Investors no longer need BKPM recommendation to get stay permits
Prior to the launch of the new system, investors had to visit the BKPM office directly to get recommendation letters.
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President Joko “Jokowi” Widodo (sitting, center), accompanied by Coordinating Economic Minister Darmin Nasution (right) and Investment Coordinating Board (BKPM) head Thomas Lembong (second right) visit the Online Single Submission (OSS) consultation center at the BKPM office in Jakarta on Jan.14 , 2019. integrated government licensing service, was moved to the BKPM recently from the Office of the Coordinating Economic Minister.
(Antara/Wahyu Putro A.)
T
he Investment Coordinating Board (BKPM) and the Law and Human Rights Ministry’s Immigration Directorate General have integrated their respective Online Single Submission (OSS) system and Immigration Management and Information System (SIMKIM) to ease the procedures investors have to go through in obtaining temporary stay permits (Kitas).
With the integrated system, investors wanting to obtain stay permits no longer need to obtain recommendation letters from the BKPM because the immigration office can get the required data and documents from the OSS system.
“With the new integrated system, recommendation letters from the BKPM are no longer required,” said Husen Maulana, the BKPM’s deputy of investment services at a press conference at the BKPM headquarters on Monday.
Prior to the launch of the new system, investors had to visit the BKPM office directly and had to wait for five working days until their recommendation letters were issued. “The new system therefore makes redundant the offline process,” Husen said.
The integrated system is especially intended for investors who hold the position of director or commissioner of a company with a share ownership of more than Rp 1 billion and who are exempt from payments to the expertise and skill development fund (DPKK).
Shareholders who do not hold positions as directors or commissioners are also exempt from DPKK payments as long as their share ownership is worth more than Rp 1.12 billion.
The DPKK fund that must be paid is US$100 per month or $1,200 per year. With a recommendation letter from the BKPM, business operators can obtain stay permits and an exemption from DPKK payments.
