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Today's Headlines Tax Oil & Gas Exploration

  • Investing in Indonesia: BKPM’s New One-Stop Service and a Tax Cut

    Investing in Indonesia: BKPM’s New One-Stop Service and a Tax Cut

    The Indonesia Investment Coordinating Board (BKPM) conducted a trial of its new one-stop integrated service on Thursday (15/01). This soft launch was attended by various Indonesian ministers. The introduction of the one-stop service aims to attract more (foreign) investment as it speeds up licensing procedures. Currently, Indonesia is characterized by a high degree of bureaucracy resulting in a lengthy licensing process as investors need to obtain permits from various ministries as well as local government institutions.

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