TEMPO.CO, Jakarta - Coordinating Minister for Economic Affairs Chairul Tanjung, has promised to issue a regulation on the simplification of business licensse process for micro, small and medium Enterprises (UMKM).
"The presidential regulation will be completed after the limited cabinet meeting in September," Chairul said on Wednesday, August 20, 2014, at his office.
In the regulation, drafted by a number of ministries and non-ministerial institutions, the government guarantees legal certainty and protection for UMKM. Chairul said that business owners would be required to show an electronic ID card to the local government. They will be provided with business permits for free since the cost for the procedure will be covered by the Regional Budget.
Cooperatives and Small-Medium Enterprises Minister Sjarifuddin Hasan added that his institution is ready to pass the bill draft. The regulation, he added, would provide better business opportunities for UMKM owners.
JAYADI SUPRIADIN