Denpasar City Government, through its Investment and One-Stop Integrated Services Agency, has called on business owners and investors to submit their Investment Activity Reports for the first quarter of 2025.
The reports can be submitted via the One Single Submission (OSS) system, an electronic-based licensing platform, which will remain open from March 17 to April 17, 2025.
As highlighted by Detikbali, “In accordance with the mandate from the central government through the Investment Coordinating Board/Ministry of Investment, every investment above IDR 5 billion is required to submit the Investment Activity Reports every quarter,” stated Ida Bagus Benny Pidada Rurus, Head of the Denpasar Investment and One-Stop Integrated Services Agency, on Monday, March 17, 2025.
Benny emphasized that this reporting initiative is crucial to monitor business development, ensuring a flourishing investment climate in Denpasar and continuous growth of its business sector.
“The implementation of the Investment Activity Report is one of the evaluation efforts to support and ensure that investments in Denpasar are proceeding well,” Benny added.
To facilitate investors in submitting their Investment Activity Reports, Benny explained that the agency has deployed service personnel at the Sewakadarma Public Service Mall in Denpasar.
“For investors or the public who are experiencing difficulties, they can come directly to the Sewakadarma Public Service Mall in Denpasar. We hope the investment climate in Denpasar will continue to grow positively,” Benny added.
By mandating the submission of these reports, the Denpasar City Government aims to foster a more transparent and accountable investment climate. This initiative is anticipated to draw higher-quality investors to the city, further contributing to Denpasar’s economic growth.
Sources: Detikbali, BaliNews.id.
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