Implementing The Job Creation Law, BKPM Collaborates With Funds To Facilitate MSMEs In Obtaining Business Registration Numbers Through OSS

BKPM building. (Photo: Doc. Antara)

JAKARTA - The Ministry of Investment / Investment Coordinating Board (BKPM) collaborated with PT Espay Debit Indonesia Koe (DANA Indonesia) for the development of digital-based micro, small and medium enterprises (MSMEs) in Indonesia.

The collaboration was stated in a memorandum of understanding which was signed directly by Riyatno as Deputy for Investment Cooperation at the Ministry of Investment/BKPM and Vince Iswara as CEO & Co-Founder of DANA Indonesia on Monday, April 18 in a hybrid manner.

In his speech, Riyatno expressed his hope that this memorandum of understanding can be implemented properly, especially in supporting the implementation of risk-based business licensing.

In accordance with the direction of President Joko Widodo and also the mandate of Law no. 11 of 2020 concerning Job Creation (UU CK), the Ministry of Investment/BKPM is tasked with facilitating MSME actors to advance to become business actors with legality and better governance/management.

“Most of the MSMEs still have not received the legality of doing business in this case the Business Identification Number (NIB). Therefore, the government's target is to provide legality in the form of NIB to as many MSME business actors throughout Indonesia as possible. One way is through this collaboration," said Riyatno in his statement quoted on Tuesday, April 19.

Furthermore, Riyatno explained that this collaboration can make it easier for MSMEs, especially Micro and Small Business (UMK) actors with low risk business activities to obtain a Business Identification Number (NIB) through the Online Single Submission (OSS) system.

The NIB which not only functions as identity and legality, but also as a single license includes facilitation of the Indonesian National Standard (SNI) and Halal Product Guarantee Certification (SJPH) after receiving guidance from the relevant agencies, in accordance with the provisions of the legislation.

Vince Iswara, CEO & Co-Founder of DANA said, DANA is present in the midst of the Indonesian people as a bridge for financial inclusion in Indonesia through collaboration with various parties and carrying an open platform to present an inclusive digital financial ecosystem.

"This synergy is a manifestation of our efforts to provide ease of doing business for MSMEs, especially to the more than 500 thousand MSMEs under the guidance of DANA. We hope that MSMEs will be able to enjoy various proposals for various facilities that can make MSMEs more advanced and play a maximum role as one of the economic pillars. new," he explained.

Supporting the progress of MSMEs DANA also has a Business DANA feature that makes it easy for MSMEs to do business digitally through easy, safe, and fast verification. MSMEs can also facilitate transactions through the QRIS feature which can help them enjoy a surge in transactions of up to 35 percent.

The existence of the Product Catalog feature in DANA Bisnis also allows business actors to digitally display a list of their business goods and distribute them to potential buyers. Moreover, DANA has an open ecosystem through the use of online QR for easy integration, enabling partners and users to transact through various digital wallets.

The scope covered in the memorandum of understanding is socialization of business licensing information for MSMEs, facilitation of business licensing for MSMEs, guidance and development of skills and capabilities for digital-based MSMEs in the context of increasing competitive competence, and other collaborations agreed by both parties. in writing.

Since it was inaugurated on August 9, 2021 by President Joko Widodo, the issuance of NIB through OSS has continued to increase. As of March 31, 2022, business permits issued for MSMEs account for nearly 98 percent of the total NIB. Of the total 1,043,323 NIB issued, as many as 966,489 NIB were issued for micro-enterprises and 54,925 NIB for small businesses.

The existence of an NIB that has been owned by MSMEs can be beneficial for business development because it allows them to get assistance for business development to easy access to financing access to bank and non-bank financial institutions.