Law No. 6/2014 concerning villages mandates that each village form a Village-Owned Enterprise (BUMDes) to realize village independence. The existence of Village-Owned Enterprises (BUMDes) as economic assets in villages, with complete community management, has yet to be utilized to support the community's economy. The number of BUMDes in Indonesia continues to increase each year, but not all can achieve independence in practice. Malaka Regency is located in the border area, making it a strategic area where BUMDes can improve village economies, thereby impacting development in Malaka Regency. This research aims to analyze the characteristics of BUMDES in Malaka Regency. This research uses quantitative and qualitative approaches. The data collection method involved collecting secondary and primary data: primary data in the form of BUMDes condition data, and data obtained through interviews and questionnaires with the village government and BUMDes administrators. The secondary data was obtained from the Malaka Regency Community and Village Empowerment Service and the Central Statistics Agency. The results of the analysis show that the development of BUMDES characteristics in Malaka Regency tends to be homogeneous, as indicated by several indicators, namely contribution to superior products, length of business, number of employees, number and type of businesses, capital, turnover, profit, and PADes donations. Of the 86 Bumdes in Malaka Regency, most were established in 2018; the majority have gone bankrupt or are not running, so they are currently being revitalized.