Fox Justi : Jurnal Ilmu Hukum
Vol. 15 No. 01 (2024): Fox justi : Jurnal Ilmu Hukum, 2024

Paradigm Shift Of Limited Liability Company Post Job Creation Law

Iriantoro, Agung (Unknown)



Article Info

Publish Date
03 Sep 2024

Abstract

The limited liability company law in Indonesia has undergone substantial modifications due to Law Number 11 of 2020 on Job Creation. One important development is the introduction of the idea of an individual limited liability company. The previous model of PT as a capital partnership has been replaced by this new model, which allows its formation by an individual. As a capital partnership, the Limited Liability Company faces a paradigm shift with the enactment of the Job Creation Law. The question is, how will this transition occur? How will this change in thinking affect the level of certainty that stakeholders, including business actors, have in the law? Conceptual and statutory approaches are used in this research as part of the normative legal research process. The research findings show that the paradigm shift of the PT has far-reaching consequences for several areas of corporate law, including limited liability, segregation of wealth, and corporate governance. There are theoretical and practical barriers to formally establishing micro and small businesses that the amendment seeks to remove. To maintain the consistency of the entire PT legal system, it is necessary to harmonize the Job Creation Law, UUPT, and other implementing regulations.

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Journal Info

Abbrev

Justi

Publisher

Subject

Humanities Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The Fox Justi : Jurnal Ilmu Hukum a scientific LEGAL BRIEF which includes scholarly writings on pure research and applied research in the field of Law as well as a review-general review of the development of the theory, methods, and related applied sciences. Legal Theory Law of E-Commerce Legal and ...