Indonesian Political, Business & Finance News

Government Updates KBLI 2025 to Enhance Business Licensing Efficiency - IKPI

| | Source: IKPI.OR.ID Translated from Indonesian | Regulation
Government Updates KBLI 2025 to Enhance Business Licensing Efficiency - IKPI
Image: IKPI.OR.ID

The government has officially updated the Indonesian Standard Industrial Classification (KBLI) 2025 as part of efforts to strengthen the risk-based business licensing system. This policy is expected to provide legal certainty, enhance the efficiency of the licensing process, and promote national investment competitiveness. The adjustment to KBLI 2025, established through the Central Bureau of Statistics (BPS), represents a significant update from the previous version. The government deems these changes necessary to accommodate new economic dynamics, including developments in the digital economy and artificial intelligence, efforts to mitigate climate change, and the emergence of new business models. Additionally, the update includes strengthening the financial services sector, encompassing the development of bullion banks, which has recently become a focus in deepening the national financial market. Coordinating Minister for the Economy Airlangga Hartarto emphasised that the government has prepared transitional steps to ensure the implementation of the latest KBLI does not disadvantage business actors. “To provide certainty to business actors, today we announce a Joint Circular (SEB) between the Minister of Investment and Downstreaming/Head of BKPM, the Minister of Law, and the Head of BPS. This SEB serves as an operational technical guide in applying KBLI code adjustments without harming business interests,” Airlangga stated in his remarks on Thursday (23/4). In its implementation, there are two main mechanisms for adjusting KBLI 2025. First, automatic adjustments through system integration between the Directorate General of General Legal Administration (AHU) and the Online Single Submission (OSS). Second, adjustments carried out directly by business actors, particularly if there are changes in the company’s articles of association.

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