This paper will analyze the licensing problem which is a constraining factor for investment in Indonesia. This type of research is a normative legal research, using a conceptual approach and statute approach. The data used are secondary data consisting of primary legal materials and secondary legal materials. The collected data were then analyzed qualitatively. The results showed that the reality today is that many investors have very low confidence in the investment climate in Indonesia, this is because there are still a number of obstacles that RI needs to tackle. Licensing improvements with the Online Single Submission system and the provision of various tax incentives such as tax holidays and tax allowances are not sufficient. The government, needs to re-simplify procedures when investing, such as land acquisition and other licensing issues. Apart from these two obstacles, there are also other hindering factors. For example, inconsistent government policies, no central and regional coordination, as well as wages and labor issues. A good investment climate will certainly have a big impact on the investors who come. The investment climate which is considered conducive will indirectly also affect the services for these investors. The Job Creation Law is an effort that is considered to be able to improve the investment climate in Indonesia after the pandemic that occurred.