Procedure and Benefits of NIB Registration for MSME Owners
The NIB registration process is not actually complicated. It involves a series of administrative steps that must be taken by MSME actors. The initial step is to gather important documents, such as business owner identification, company establishment deeds (if applicable), business legality documents, and other supporting documents. Once these documents are prepared, the next step is to submit the registration to the relevant authority, such as the Tax and Company Registration Authority (BPPT) or the local Licensing Agency. After the verification process is completed, MSME actors will be provided with a valid Business Identification Number (NIB), indicating that their business has been officially and legally registered with the government.