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New Principle License Procedures for Investment

The Head of the Indonesian Investment Coordinating Board (“BKPM”) recently issued Regulation No. 14 of 2015 on the Guidelines and Procedures for Principle Investment Licensing (“2015 Regulation”). As a part of President Joko Widodo’s economic-policy packages, the 2015 Regulation simplifies the procedure for the securing of a Principle License (izin prinsip) for investment activities.

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