Proceedings of the 2023 Brawijaya International Conference (BIC 2023)

Emerging Digital Microfinance as Providers of Capital for MSEs in the Form of Individual Limited Liability Companies

Authors
Reka Dewantara1, *, Siti Hamidah1, Sihabudin1
1Faculty of Law, University of Brawijaya, Malang, Indonesia
*Corresponding author. Email: rainerfh@ub.ac.id
Corresponding Author
Reka Dewantara
Available Online 29 October 2024.
DOI
10.2991/978-94-6463-525-6_8How to use a DOI?
Keywords
Digital Microfinance; MSEs; Individual Limited Liability Companies
Abstract

The establishment of an individual limited liability company raises many polemics and contains legal problems, namely the establishment of an individual company in the form of a limited liability company established without a notarial deed and without authorization as a legal entity and its juridical implications for applying for capital assistance. The purpose of this research is to analyze the legal status of an individual company in the form of a limited liability company established without a notarial deed and the juridical implications of applying for capital to financial institutions as a third party. The type of research in this article uses economic analysis of law. The results show that the absence of a notarial deed in the establishment of an individual limited liability company is very weak in terms of proving its establishment so that arrangements are needed regarding the establishment of digital microfinance institutions as intermediary institutions for MSEs in the form of Individual Companies.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 Brawijaya International Conference (BIC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
29 October 2024
ISBN
978-94-6463-525-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-525-6_8How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Reka Dewantara
AU  - Siti Hamidah
AU  - Sihabudin
PY  - 2024
DA  - 2024/10/29
TI  - Emerging Digital Microfinance as Providers of Capital for MSEs in the Form of Individual Limited Liability Companies
BT  - Proceedings of the 2023 Brawijaya International Conference (BIC 2023)
PB  - Atlantis Press
SP  - 67
EP  - 80
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-525-6_8
DO  - 10.2991/978-94-6463-525-6_8
ID  - Dewantara2024
ER  -