The Comparison of Responsibilities of Owners and Directors in Individual Limited Companies Based on the Job Creation Law and the PT Law

DOI

10.2991/978-2-38476-164-7_90How to use a DOI?

Keywords

Legal Protection; Individual PT; MSME; Job Creation Law

Abstract

Micro, Small, and Medium Enterprises (MSMEs) have a central role in the national economy, but the government has given more contribution and full attention to large entrepreneurs, especially after the enactment of Law no. 11 of 2020 concerning Job Creation. So that this causes the need for legal protection for MSMEs, especially MSME actors in PT Individuals. The problem that will be studied in this study is the legal problems that occur regarding the regulation of individual PTs and the responsibility of owners of individual PTs, given the changes in these regulations. The research method used is normative juridical using the statute and conceptual approaches. The results of the study show that legal problems occur in individual PTs namely matters related to legal protection, benefits, and conveniences that are obtained by MSME actors after their legality is fulfilled by the legal entity in the form of an individual PT, including the accountability of the owner. Furthermore, regarding the protection and benefits of MSMEs at PT Individuals, it has been properly regulated through the Job Creation Law and PP Number 7 of 2021. In these regulations, there are provisions that lead to providing better legal protection for MSME actors, including in terms of ownership and responsibility. Replied the owner of the PT Individual. Thus, this study emphasizes the importance of paying attention to legal protection and the benefits of MSMEs, especially in the context of individual PTs, as an integral part of efforts to advance the MSME sector in the national economy. Legislative efforts such as the Job Creation Law and its implementing regulations are expected to provide a strong foundation for the development of sustainable and competitive MSMEs.

Copyright

© 2023 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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TY  - CONF
AU  - Sunita
AU  - Tri Lisiani Prihatinah
PY  - 2023
DA  - 2023/12/21
TI  - The Comparison of Responsibilities of Owners and Directors in Individual Limited Companies Based on the Job Creation Law and the PT Law
BT  - Proceedings of the 3rd International Conference on Law, Governance, and Social Justice (ICoLGaS 2023)
PB  - Atlantis Press
SP  - 969
EP  - 981
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-164-7_90
DO  - 10.2991/978-2-38476-164-7_90
ID  - 2023
ER  -