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