Tag: Business License

Business Scope of Commercial Web Platform

Business Scope of Commercial Web Platform Business Scope of Commercial Web Platform

“The business field of Commercial Web Platforms in its classification includes various website operations with profit purposes but does not include financial technology.” The Commercial Web Platform is regulated in Government Regulation Number 5 of 2021 concerning Implementation of Risk-Based Business Licensing (“PP 5/2021”). The scope of the commercial web platform is divided into general […]

An Update on Business License by Omnibus Law

“The Omnibus Law changed on the business licensing from the classifications, requirements, to the process itself. The Environment aspect is will also be one of the approval documents, especially for the high-risk business activity.” In order to attract investors and bolster investment, the Government through Omnibus Law simplifies the licensing process and investment requirements by […]