JOB CREATION LAW FOR INDONESIAN LIMITED LIABILITY COMPANIES

Abstract

The concept of Limited Liability Companies is undoubtedly affected by the changes that take place. This essay will examine this issue by focusing on a few key points, contrasting the Job Creation Law and the Limited Liability Company Law from an institutional standpoint. The research's findings indicate that the idea of a company has changed. Article 1 of Law No. 40 of 2007 was amended, and the new basis is now contained in Article 109 number 1 of Law No. 6 of 2023. For this reason, the government wants to provide space for MSEs to establish business entities in the form of Individual Companies, so the government must also be consistent, namely by creating norms that differentiate the structure of Capital Partnership Companies from Individual Companies.

Keywords

• limited liability company
• individual companies
• job creation law
• indonesia