Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 3 (2022): Budapest International Research and Critics Institute August

The Effect of RBA OSS-Based Company Licensing on Domestic Investment

Raras Nadifah Cahyaningtyas (Unknown)



Article Info

Publish Date
08 Aug 2022

Abstract

As an embodiment of Law Number 11 of 2020 concerning Job Creation (UU CK) which prioritizes improving the investment ecosystem and business activities as well as Government Regulation (PP) Number 5 of 2021 concerning the Implementation of Licensing Risk-Based Business, business licensing in Indonesia has undergone significant reforms in order to keep attracting investors. In particular, domestic investment is of greater concern because it will encourage job creation. When people have got a job, of course the income will increase. When people's incomes increase automatically this encourages an increase in consumption. In this paper, the author hopes that the reader can find out the importance of the influence of domestic investment. In particular, after the simplification of the company's licensing system, it became a Risk-Based Business Licensing or OSS RBA (Online Single Submission Risk Based Approach).

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...