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Sep 10, 2018

Minimum equity requirement for foreign investors to use OSS system reduced from 10 billion to 2.5 billion

The minimum equity requirement for foreign investment companies to register on and use the Online Single Submission (OSS) portal, which used to be IDR 10 billion, has been reduced to IDR 2.5 billion reportedly as of 10 September 2018, effective immediately. The OSS portal is an online platform that integrates the process of applying for multiple regulatory permissions in one place.

Type: Promotion and facilitation (Investment facilitation )

Industry: Not industry specific