The substance of Job Creation Law significantly changes law for establishment of Limited Liability Company (Ltd) in Indonesia, especially those regulated in Company Law. The legal issue in this article is the change in regulation on establishment of Ltd and legal responsibility of shareholders in an individual Ltd based on the Job Creation Law. The research method in this article is juridical normative. Changes in the arrangement for the establishment of Ltd in the Job Creation Law, namely: First, the addition of the exemption provisions that require Ltd to be established by 2 (two) or more persons, namely for Ltd that meet criteria for Micro and Small Enterprises. Second, the minimum capital arrangement for the establishment of a Ltd is removed and determined based on the founder's decision. Third, criteria for establishing Ltd for Micro and Small Enterprises are only using a statement of establishment, without going through notary deed. Fourth, founders and shareholders of Ltd for Micro and Small Enterprises are only private individuals. The responsibility of shareholders for an individual company criteria Micro and Small Enterprises based on the Job Creation Law are limited to paid-up capital.
CITATION STYLE
Harahap, Y. D., Santoso, B., & Prasetyo, M. H. (2021). Pendirian Perseroan Terbatas Perseorangan Serta Tanggung Jawab Hukum Pemegang Saham Berdasarkan Undang-Undang Cipta Kerja. Notarius, 14(2), 725–738. https://doi.org/10.14710/nts.v14i2.43800
Mendeley helps you to discover research relevant for your work.