Legal Guide to Investing in Indonesia Law on Integrated Job Creation in Indonesia
The definitive work on interpreting the new 2020 Indonesian law on entrepreneurship and employment.
- author
- publishers
- Issue date2021-07
- TagBooks and Periodicals
Author's Profile
Founded in 2010, based in the Economic Zone on the West Coast of the Taiwan Straits, Tuowei Law Firm focuses on real estate and construction engineering, compliance and administrative law, investment, financing and mergers and acquisitions, commercial dispute resolution, tax law and intellectual property rights and other specialized areas of legal affairs, adopting a professional division of labor and teamwork, integrating the internal resources of the law firm, and innovating the mode of legal services to provide efficient and high-quality legal services for the government agencies, commercial clients and domestic and foreign investors. We provide efficient and high-quality legal services to governmental organizations, commercial clients and domestic and foreign investors.
In 2017, with the support of the governments of China and Indonesia, Touve responded to the national "Belt and Road" initiative and took the lead in setting up the Indonesia Investment Service Center among law firms in China to provide comprehensive services for Chinese enterprises to invest in Indonesia.
In 2019, Topway was nominated for the Asian Legal Business Indonesia Law Awards and shortlisted for the PRC Law, Indonesia Practice of the Year award.
Book Description
This book is a translation of Indonesia's Omnibus Law on Job Creation, which consists of two parts: legal provisions and interpretation of legal provisions. The Law on Job Creation contains 11 categories, namely business license simplification, optimization of investment conditions, labor improvement, promotion of small and medium-sized enterprise (SME) development, promotion of business environment development, support for innovation and research, government administration, land expropriation, government projects, economic development zones, and scope of penalties. The Explanation of Laws section explains, analyzes, and gives examples of most of the specialized terms and phrases in the law for clarity in the specific context of today's Indonesia. The translation and interpretation of the Act, which involves the amendment, repeal or addition of 79 existing Indonesian laws, can provide legal support for China's "going out" investments.
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