Proceedings from the 1st International Conference on Law and Human Rights, ICLHR 2021, 14-15 April 2021, Jakarta, Indonesia

Research Article

Legal Study on Implementation of Individual Limited Company Post Application of The Copyright Law

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  • @INPROCEEDINGS{10.4108/eai.14-4-2021.2312849,
        author={O.K.  Isnainul and Jose Armando Parlindungan Marbun and Yusriando  Yusriando},
        title={Legal Study on Implementation of Individual Limited Company Post Application of The Copyright Law},
        proceedings={Proceedings from the 1st International Conference on Law and Human Rights, ICLHR 2021, 14-15 April 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={ICLHR},
        year={2021},
        month={10},
        keywords={legal studies implementation limited company},
        doi={10.4108/eai.14-4-2021.2312849}
    }
    
  • O.K. Isnainul
    Jose Armando Parlindungan Marbun
    Yusriando Yusriando
    Year: 2021
    Legal Study on Implementation of Individual Limited Company Post Application of The Copyright Law
    ICLHR
    EAI
    DOI: 10.4108/eai.14-4-2021.2312849
O.K. Isnainul1,*, Jose Armando Parlindungan Marbun1, Yusriando Yusriando1
  • 1: Universitas Prima Indonesia
*Contact email: okisnainul@unprimdn.ac.id

Abstract

Individual Limited Companies and ordinary LCs based on Law No. 40 of 2007 concerning Limited Companies and Law No. 11 of 2020 concerning job creation. To analyze the advantages and disadvantages of individual LC and ordinary LC according to Law No. 40 of 2007 and the Copyright Act. To analyze the implementation of LC in the work copyright law. The results of the research are the difference between limited companies regulated in Law No. 40 of 2007 concerning LC and the work copyright law, there is a new thing, namely Micro and Small companies which are regulated in article 153 that is divided into 10 Articles (153A, up to 153J). The implementation of the latest procedures and conditions for the establishment of an LC in 2021 is made it easier to improve the investment ecosystem, convenience, protection, and empowerment of MSMEs as well as ease of doing business in general. The procedures and conditions for establishing a Limited Company have been carried out again, and this time the umbrella is the Job Creation Law. In this regulation, there are several changes related to the procedures and conditions for the establishment of an individual company. Where to establish an LC, it is no longer necessary to go to a Notary. It is enough only to make a statement of establishment and ratify it to the Minister of Law and Human Rights.