By Tanita Dhiyaan Rahmani On March 16, 2016, Indonesian President Joko Widodo announced a plan to simplify business licensing in Indonesia by revoking five existing business permits issued at the regional level. These five business permits are:
Building Location Permit (SuratIzin Tempat Usaha): A permit for individuals and legal entities to establish a place of business that is in accord with the required spatial layout in the framework of capital investment. This permit is currently regulated by each region through regional regulations.
Location Permit (Izin Lokasi). A permit for a company to obtain the required land for its capital investment. This permit is currently regulated under Minister of Agrarian Affairs and Spatial Layout/Head of the National Land Agency Regulation Number 5 of 2015 regarding Location Permit.