Online Single Submission (OSS) as a breakthrough in shorten Licensing Bureaucracy in Indonesia

Investment for a country is needed to support its economic development. Barriers to economic development can be multidimensional in nature, requiring enormous sources of financing and resources, both from within the country and from abroad (foreign capital). In Indonesia's economic development efforts, Foreign Investment has a strategic role considering that Foreign Investment is a supporting capital for development, as stipulated in the provisions of Article 3 Paragraph (2) of Law no. 25 of 2007 concerning investment, including Foreign Investment to increase economic growth, create jobs, process potential economics into real strength and others.

To achieve this goal, various efforts have been made by the Indonesian government to increase the entry of foreign capital through various policies including; issue a policy of One Stop Service, Acceleration of Business Implementation, Electronically Integrated Business Licensing Services known as Online Single Submission (OSS). Through this system, it is intended to reorganize the service system related to investment and business.

Electronic Integrated Business Licensing Service (online Single Submission) is a licensing system based on Information Technology by integrating licensing at the regional and central levels in order to facilitate domestic business activities. This licensing system is also integrated with all Ministries/State Agencies to Local Governments in Indonesia. The purpose of this OSS system is to eliminate overlapping permits by trying to become a system that is close to ideal in order to anticipate the long and long bureaucracy as often complained by investors.

For investors who will carry out business activities in Indonesia, they are required to have a business entity, either obtained through establishing a company, purchasing shares of an existing company or by taking over (acquisition). In the process of establishing a company for foreign investors, it must be done in the form of a Limited Liability Company where business actors through the assistance of a Notary can do an online Legal Entity Administration System (SABH), make a deed of establishment and then submit an application for approval of the company's deed of establishment to the Minister of Law and Rights Human Rights to obtain a Decree Legalizing the establishment of a Limited Liability Company Legal Entity. Furthermore, to be able to carry out operational activities, the company must register a license for business activities through the OSS page by entering the requested data so that the OSS Institution will issue a Business Identification Number (NIB) which is a business identity as the basis for issuing a business license and commercial (operational) license based on commitments that have been fulfilled by business actors.

Thus, OSS is the answer to investor anxiety due to uncertainty in the process of obtaining business permits, so that OSS as a trimmer in the licensing process strives to create an efficient, fast and transparent business environment for investors.