Strengthening Regulations for Micro and Small Business (MSB) as a Post-covid-19 Government Innovation

DOI

10.2991/978-2-38476-024-4_12How to use a DOI?

Keywords

Regulation; Micro and Small Business (MSB); Individual Companies

Abstract

The Covid-19 pandemic that has occurred in the last few years has had a significant impact on the Indonesian economy, especially in the sector Micro and Small Business (MSB) which is experiencing difficulties in developing business activities. The government through Law Number 11 of 2020 concerning Job Creation (Job Creation Law),) seeks to maintain and strengthen the existence of MSB. This is specifically regulated through Government Regulation (PP) Number 8 of 2021. This regulation has a positive impact on MSB in order to obtain legal protection in the form of legal entity status, namely Individual Companies. An individual company is a relatively new form of legal entity in Indonesia, in contrast to companies in general, an individual company is established by one founder who also serves as director and shareholder. The presence of an individual company legal entity for MSB can provide various conveniences in accessing various economic sectors, in addition to having a positive impact, individual companies still have weaknesses that need to be improved in the future. To answer these questions, the type of research used is normative-legal, examining various laws and regulations and the literature relevant to the issues discussed. The present study therefore concludes that the presence of a legal entity in the form of a sole proprietorship has a positive effect in the form of a guarantee of legal certainty for his MSB who is not yet a legal entity.

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  - Restuadi Putra
AU  - Gentur Cahyo Setiano
AU  - Ariella Gitta Sari
PY  - 2023
DA  - 2023/04/19
TI  - Strengthening Regulations for Micro and Small Business (MSB) as a Post-covid-19 Government Innovation
BT  - Proceedings of the International Conference On Law, Economics, and Health (ICLEH 2022)
PB  - Atlantis Press
SP  - 92
EP  - 98
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-024-4_12
DO  - 10.2991/978-2-38476-024-4_12
ID  - Putra2023
ER  -