In order to provide convenience and speed up the process of obtaining business licences in Indonesia, the government has issued an integrated licensing system known as the Business Identification Number (NIB).

Simply put, NIB is an identity that must be owned by business actors, including those who run business entities in the form of PT, CV, and so on.

Now, the NIB management process can also be done easily through the official OSS page. so that business actors can register their business to get NIB online.

This online management process allows business actors to save time in making the NIB. Then, what are the provisions and procedures for managing NIB? Check out the full explanation here.

Overview of NIB
NIB or Business Identification Number is an identity of business actors issued through the Online Single Submission (OSS) system. this is distinguished according to the output of the product or service produced. NIB consists of 13 digits of random numbers equipped with security and electronic signatures.

Apart from being used as an identity, NIB has other functions, namely as a Company Registration Certificate (TDP), Import Identification Number (API), Customs Access, and is often used as a condition for obtaining a Trade Business License (SIUP) and Halal Certificate.

Then, after the issuance of Law No. 11 of 2020 on Job Creation, there is now also the term risk-based NIB.

The meaning of risk-based is to consider the potential for injury or loss and the consequences of hazards from future business activities. This is regulated more specifically in Government Regulation No. 5 of 2021 concerning the Implementation of Risk-Based Business Licensing.

The implementation of risk-based business licensing includes the sectors:

• Marine and fisheries;
• Agriculture;
• Environment and forestry;
• Energy and mineral resources;
• nuclear power;
• Industry;
• Trade;
• Public works and public housing;
• Transport;
• Health, medicine and food;
• Education and culture;
• Tourism;
• Religion;
• Post, telecommunications, broadcasting, and electronic systems and transactions;
• Defence and security; and
• Labour.

How is the NIB Processing Process?
As mentioned, the NIB process can be done online through the OSS system. But before that, there are several required documents that must be fulfilled in order to apply for NIB management, including:

1. Company deed (if the business is already incorporated)
2. ID CARD
3. Personal/company NPWP
4. Active email
5. Active phone number
6. The business location is in accordance with the spatial layout of the licence to run a business

Once the required documents are complete, follow these steps:

• Open the OSS website at www.oss.go.id
• Click Register then fill out the form
• Fill in all personal data completely
• Open the registration email from OSS and click Activation
• Log in to your OSS account and fill in the required business data
• If complete, click NIB Process
• Click NIB to issue NIB
• NIB can be downloaded and saved

What are the Benefits of Processing NIB for Business Actors?
NIB ownership provides various benefits for business success, such as:

Access to Funding Assistance
For business actors who already have MSMEs, the government itself has emphasised that they will get easy access to funding. One of them is the low interest rate KUR.

The ease of KUR is implemented with government subsidies, so that the interest charged to users is only three per cent.

Obtaining Training
The process of obtaining NIB itself makes the business will be recorded at the central government. This will make it easier for related agencies to provide training and coaching on business skills according to domicile.

Make Business Get Legality
The existence of NIB also aims to provide legality to business actors. With NIB, the business run will have legality and it is easier to access matters related to the administrative field.

On Target in Obtaining Government Programmes
Having an NIB and being administratively registered with the central government provides an advantage in obtaining government programmes.

With this administrative data, the government can easily provide programmes that help businesses with the right targets according to their needs.

Ease of Entering the Official Community
NIB helps fulfil the legality and administrative aspects of business actors and provides benefits in accessing funding. In addition, NIB also provides easy access to official communities related to business actors.

Source: kontrakhukum.com