Investor Presentaiton slide image

Investor Presentaiton

Boosting Investment: Implementation Of Job Creation Law To Provide Legal Certainty And Improve Investment Climate Constitutional Court Decision (25 Nov 2021) ☐ The Constitutional Court stated that the Job Creation Law (Law Number 11 of 2020) conditionally was unconstitutional - The omnibus method has not yet been regulated in the Law - on the Establishment of Legislation Writing technical error Meaningful participation is not maximized The Job Creation law is still valid, and asked the government to complete the revision within two years. Follow-up (Jan-Dec 2022) 1. Setting the omnibus method in the Law on the Formation of Legislation (Law Number 13 of 2022) 2. Improvements to the Job Creation Law: ■ Use of the omnibus method ☐ Meaningful increase in participation ■ Substantial study results: employment, environment, land, and base ■ Correction of writing technical errors. Emergency Regulation (30 Dec 2022) The President has issued a Government Regulation instead of Law Number 2 of 2022 concerning Job Creation (Perpu on Job Creation). ☐ It is urgently needed to anticipate global and domestic conditions. The contents of the Job Creation Perppu are generally the same as those of the Job Creation Law. However, there are some improvements to the content. Promulgation of the Job Creation Law (31 March 2023) as an The government has promulgated Law No. 6 of 2023 endorsement of Perpu No. 2 of 2022 concerning Job Creation Becomes Law. Perpu on Job Creation as an attachment to Law no. 6 Year 2023. All implementing regulations for the Job Creation Perpu and Law Number 11 of 2020 concerning Job Creation are still valid. Identification of Revision of Implementing Regulations of Law Number 6 of 2023 • Source: Coordinating Ministry of Econ . PP Number 5 of 2021 concerning the Implementation of Risk-Based Business Licensing • PP Number 28 of 2021 concerning the Implementation of the Industrial Sector • PP Number 29 of 2021 concerning the Implementation of the Trade Sector . • • • PP Number 39 of 2021 concerning the Implementation of the Field of Halal Product Assurance Presidential Regulation Number 32 of 2021 concerning Commodity Balances Determination of Decisions and/or Actions that are Considered Legally Accepted PP Number 19 of 2021 concerning the Implementation of Land Acquisition for Public Interests Presidential Decree Number 10 of 2021 concerning the Investment Business Sector (BUPM) and Presidential Decree Number 49 of 2021
View entire presentation