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All Journal Journal of Progressive Law and Legal Studies
Meliala, Aurora Jelinia
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Humanities Decision Sciences, Operations Research & Management Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Risk-Based Business Licensing According Perspective of Investment Certainty in Indonesia Mirozul, Aldy; Wati, Diani Sadia; Meliala, Aurora Jelinia
Journal of Progressive Law and Legal Studies Том 3 № 02 (2025): Journal of Progressive Law and Legal Studies
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jplls.v3i02.1723

Abstract

In order to improve the investment ecosystem and business activities to create jobs, the Government has enacted Law Number 11 of 2020 concerning Job Creation, regulating the simplification of business licensing through the implementation of Risk-Based Business Licensing using standard methods based on risk levels as stated in Government Regulation Number 5 of 2021 concerning the Implementation of Risk-Based Business Licensing, the licensing transformation aims to provide legal certainty for foreign investors in investing in Indonesia. This study will examine the implementation of risk-based business licensing based on Government Regulation Number 5 of 2021 using Normative Legal Research or library research, with a statute approach, conceptual approach and historical approach to examine existing legal problems. The results of this study show that the change in business licensing to risk-based business licensing that integrates the authority and licensing issuance process in the OSS system still has problems starting from the implementation of authority and the issuance process of basic requirements, business licensing, supporting business licensing and risk classification based on sector. With these problems still existing, it can create legal certainty for investors to invest in Indonesia so that it is necessary to amend Government Regulation Number 5 of 2021 concerning the Implementation of Risk-Based Business Licensing.
Co-Authors mirozul, aldy Wati, Diani Sadia