IMPLICATIONS OF JOB CREATION LAW TO THE ESTABLISHMENT OF VILLAGE-OWNED ENTERPRISES AS A LEGAL ENTITY

  • Bryan Eduardus Christiano Universitas Indonesia
Keywords: ASEAN free trade, BUMDes, job creation law, omnibus law, village-owned enterprises

Abstract

A village is the lowest regional unit that is expected to be socially, culturally, and economically independent. Parallel with Indonesian principle that upholds the people's economy, Village-Owned Enterprises acts to strengthen village economic institutions, and social and non-economic benefits. Village-Owned Enterprisesitself is regulated by Law Number 6 of 2014 on Villages. However, the establishment of the Job Creation Lawas one of the clusters of the Omnibus Law gives several changes to the provisions of Village-Owned Enterprises. The most fundamental thing is the status changed to become a legal entity which then causemany implications for the establishment and regulation. This research was made using the normative legal research method, to discuss the impact of the provisions of Law Number 11 of 2020 on the Competitiveness of Village-Owned Enterprises in facing the era of the ASEAN Economic Community which demands great economic competitiveness.

petitiveness.

Author Biography

Bryan Eduardus Christiano, Universitas Indonesia

Bryan Eduardus Christiano is an active student at the Faculty of Law Universitas Indonesia and currently serves as the Chairman of the National Law Debate Community Indonesia 2021. During his college, he has participated in several moot court competitions, namely Asia Cup 2021, Nuremberg Moot Court 2021, and won the International Tribunal for the Law of the Sea Moot Court Competition 2020. He is also active in publishing articles in various journals both national and international, as well as participating in several international law conferences and became the youngest speaker in the conference themed ‚ÄúSustainable Diversity in Arbitration‚ÄĚ held by the Graduate School of Law, Nagoya University. He is interested in international law, civil law, and current legal issues. Bryan can be contacted via email: bryan.eduardus@ui.ac.id and WhatsApp +6281311111071.

Published
2021-12-07