Announcement
17 Feb 2017
On 17 February 2017, the Indonesian Ministry of Trade announced regulation 07/M-DAG/PER/2/2017 amending its previous regulation 36/M-DAG/PER/9/2007 on the trading business license.
Source
Number of interventions
2
0 certainly harmful
0 likely harmful
2 liberalising
Implementation date
22 Feb 2017
Revocation date:
No revocation date
The license is also required for the export of goods from Indonesia. The scrapping of the renewal requirement is hence also classified as an export-related non-tariff measure.
The amendment scraps the obligation for companies to renew its trading business license every five years. The license was necessary to engage in international trade. According to the preamble of th...
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