Legal Analysis of Foreign Investment in Batam City is Related With the Implementation of OSS Legal Standing

Abstract

 Investment is one of the initial steps in moving the wheels of a country's economy. In Batam City itself, it is very closely identified with the investment climate. With its strategic location, Batam City is located adjacent to its neighboring countries, namely Singapore and Malaysia. The OSS (Online Single Submission) system emerged as one of the steps aimed at increasing the competitiveness of the global region and encouraging investment growth. However, in the OSS system, there are still many obstacles both in terms of regulations and implementing regulations which are considered less than optimal in implementing electronically integrated business permits. This is also exacerbated by the dualism of authority in managing the region. Looking at neighboring countries, Singapore is a favorite destination for global companies looking to expand their business in Asia. The ease of obtaining a business permit has become a major focus for the Lion City. The purpose of writing this article is to study the ease of foreign investment in Singapore compared to Batam City along with the legal position of OSS in its application. The research method used in this journal uses normative juridical, namely examining through literature studies by reviewing all regulations and legislation related to the theme of investment and OSS to be studied. Based on the research conducted, the ease of investment is examined from various factors, namely in the fields of legal certainty, taxation, employment, and licensing. The Indonesian OSS system, including Batam City, still does not fully support a conducive investment climate in business compared to Singapore.