Authority of a Notary in Legalizing the Establishment of a Limited Liability Company After the Job Creation Law Was Passed

Authors

Abstract

The legal basis for Limited Liability Companies in Indonesia has changed with the enactment of Law No. 6 of 2023 concerning Job Creation which replaced Law No. 40 of 2007. Capital partnership businesses and limited liability companies are now two parts of limited liability companies. As a result of these changes, this research aims to examine the authority of notaries in validating the establishment of limited liability companies after the ratification of Law No. 6 of 2023 concerning Job Creation. This research uses a normative juridical approach method through literature study techniques. Based on research findings, the presence of a notary is still needed when a company must change its legal status to a capital partnership company after the Job Creation Law is passed. This situation arises if the number of shareholders exceeds one person and/or the company no longer meets the criteria as a Micro and Small Enterprise. Before an individual company can change its status to a capital partnership company, this status transition must be carried out through a notarial deed and then registered electronically with the Minister.

References

Journals:

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Books:

Asshiddiqie, J. (2015). Hukum Perusahaan Indonesia. Sinar Grafika.

Santoso, R. (2017). Hukum Perseroan Terbatas di Indonesia: Teori dan Praktik. PT Gramedia Widiasarana Indonesia.

Trisna, Ida A.K. (2017). Kedudukan Hukum Perseroan Terbatas yang tidak sesuai dengan Undang-Undang No. 40 Tahun 2007 Tentang Perseroan Terbatas.

Regulation:

Code of Civil law

Law No. 2 of 2014 Amendments to Law no. 30 of 2004 concerning Notary Positions

Law of the Republic of Indonesia Number 6 of 2023 concerning Job Creation Amendments to Law No. 40 of 2007 concerning Limited Liability Companies

Government Regulation Number 8 of 2021 concerning Company Authorized Capital

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Published

2023-08-29

Issue

Vol. 2 No. 3 (2023): July 2023

Section

Articles

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