Village-Owned Enterprises (BUM Desa) are village economic institutions formed by the village government together with the community, based on laws and regulations and mutual agreements. The goal is to strengthen the village economy and improve community welfare. However, the status of Village BUM as a legal entity is still a matter of debate, especially after the birth of the Job Creation Law which changed the provisions in the Village Law related to the legal status of Village BUM. Article 117 of the Job Creation Law amends Article 87 of the Village Law, which was later clarified through the Village BUM PP, by emphasizing that Village BUM must be registered as a legal entity. This study uses a normative juridical method with a descriptive-analytical approach. Research data was obtained through literature studies and interviews, with qualitative analysis. The results of the study show that clearer arrangements regarding the legal status of Village BUM are urgently needed to fill the legal void and ensure legal certainty. Although the Job Creation Law and the Village BUM PP have affirmed the legal status of the Village BUM, there is still a legal vacuum related to the form of the Village BUM legal entity due to the non-recognition of the Village Regulation (Perdes) in the order of legislation. This has juridical implications in the form of legal uncertainty regarding the form of the legal entity of the Village BUM. Thus, further arrangements are needed to ensure professional governance of Village BUM and in accordance with the guidelines of laws and regulations.