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View all search resultsThe government’s online single submission (OSS) system, which aims to cut red tape surrounding the business licensing process in Indonesia, has piqued the interest of a lot of investors, says Coordinating Economic Minister Darmin Nasution.
The Office of the Coordinating Economic Minister has requested the House of Representatives budget committee to allocate it additional funds in the 2019 state budget to implement the Online Single Submission (OSS) system.
Coordinating Economic Minister Darmin Nasution said under the online single submission (OSS) system, investors do not need to apply for fiscal incentives because the system would automatically verify those who deserved it.
President Joko “Jokowi” Widodo has called on all offices under both central and regional governments to be prepared for the implementation of the online single submission (OSS) system, which is aimed at slashing red tape in business licensing procedures.
Coordinating Economic Minister Darmin Nasution admitted on Friday that the government had not been able to implement the online single submission (OSS) yet, although initially he said it could have been implemented since late last month.
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