Foreign investment is an investment activity carried out by foreign nationals to conduct business in Indonesia, including in the tourism sector in Bali. This study aims to analyze the legal regulations governing foreign investment activities conducted by foreign nationals in Bali's tourism sector, as well as the legal consequences of investment activities that do not comply with Law Number 25 of 2007 concerning Investment. The research method employed is normative juridical research using statutory and conceptual approaches. The results indicate that foreign investment activities must comply with provisions concerning the establishment of limited liability companies, share ownership, business licensing, and land use. Violations of these provisions may result in legal consequences, including the nullification by operation of law of nominee agreements in share ownership and the imposition of administrative sanctions in accordance with the nature of the violation. This study is expected to provide an understanding of the importance of legal compliance for foreign nationals conducting investment activities in Bali's tourism sector in order to establish legal certainty and protection for relevant parties.
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