Deregulation In Capital Investment Licensing And Non-Licensing Process
The Indonesian Capital Investment Coordinating Board (“BKPM”) has issued a new regulation in Regulation of the Head of Capital Investment Coordinating Board Number 5 of 2013 concerning Guidelines and Procedures for Capital Investment Licensing and Non-Licensing Services (“Perka BKPM No.5/2013”) replacing the previous, Regulation of the Head of the Capital Investment Coordinating Board Number 12 of 2009 concerning Guidelines and Procedures for Capital Investment Applications (Perka BKPM No.12/2009).