Realizing Easy Business Through Individual Company Legal Entities Post Pandemic Era

Setijati Sekarasih (), Abdul Rachmat Budiono, Sukarmi and Budi Santoso
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Setijati Sekarasih: Brawijaya University, Department of Management, Faculty of Economics and Business
Abdul Rachmat Budiono: Brawijaya University, Department of Management, Faculty of Economics and Business
Sukarmi: Brawijaya University, Department of Management, Faculty of Economics and Business
Budi Santoso: Brawijaya University, Department of Management, Faculty of Economics and Business

A chapter in Proceedings of the 1st Brawijaya International Conference on Business and Law (BICoBL 2022), 2023, pp 94-106 from Springer

Abstract: Abstract With the promulgation of Law Number 11 of 2020 concerning Work Creation, State Gazette of the Republic of Indonesia of 2020 Number 245, Supplement to the State Gazette of the Republic of Indonesia Number 6573 gave birth to regulations on individual companies. The existence of individual companies is expected to provide more business opportunities for micro, small and medium enterprises (MSMEs). Article 109 The fifth part of the Job Creation Act changes several articles in the Limited Liability Company Law. This writing is legal research, with research method legislation. Meanwhile, the problems studied are: 1) What is the legal ratio for the regulation of individual companies; 2) Is the existence of an individual company able to support the development of MSMEs? In order to create a conducive atmosphere of ease of doing business, the government has made legal breakthroughs by regulating Individuals. With the regulation on individual companies, it is hoped that the business activities of MSME actors will increase by providing some bureaucratic convenience to establish an individual company business entity.

Keywords: Ease of Doing Business; Individual Company (search for similar items in EconPapers)
Date: 2023
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DOI: 10.2991/978-94-6463-214-9_11

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