Legal Provisions of Foreign Investment in Badung Regency - Bali

Authors

  • Anak Agung Istri AGUNG Warmadewa University, Indonesia
  • I Nyoman SUKANDIA Warmadewa University, Indonesia
  • I Nyoman SUJANA Warmadewa University, Indonesia

DOI:

https://doi.org/10.38142/pjlel.v2i2.1174

Keywords:

Types of Investment, Foreigners, Legal Protection

Abstract

The progress of the Indonesian nation is also supported by the presence of investors who are willing to invest in important domestic sectors. Investment is one of the instruments that drives economic progress in Indonesia, especially in Badung Regency - Bali. Many foreigners come to Bali for various purposes, including vacationing while doing business, working, learning about culture, doing research, or investing. Recently, there have been many foreign business activities involving property rental (land and buildings) either by individuals or in the form of PT PMA (Limited Liability Company with Foreign Investment) in Indonesia. This study aims to determine and understand the legal provisions for foreign investment in Bali, especially in Badung Regency and legal protection for foreigners investing in Bali based on applicable provisions. The method used in this study is normative legal research to find the type of investment and legal protection for foreigners investing in Bali based on applicable provisions.

References

Ali, A. (2009). Uncovering Legal Theory and Judicial Prudence. Kencana Predana Media Group.

Badung reigns as investment destination in Bali. (n.d.). Retrieved August 1, 2024, from https://nusabali.com/berita/139134/badung-rajai-destinasi-investasi-di-bali

Civil Code (KUHPerdata).

Mertokusumo, S. (2002). Indonesian Civil Procedure Code. Liberty.

Badung Regency Government, Bali offers investment in central and northern regions. (n.d.). Retrieved September 6, 2024, from https://antaranews.com/berita/4169631/pemkab-badung-bali-tawarkan-investasi-di-wilayah-tengah-dan-utara

Foreign investors in the tourism sector are “comfortable” investing in Bali. (n.d.). Retrieved August 1, 2024, from https://ekonomi.kompas.com/read/2018/09/27/062419126/pemodal-asing-sektor-pariwisata-betah-investasi-di-bali

Regulation of the Head of the Central Statistics Agency Number 2 of 2020 concerning the Standard Classification of Indonesian Business Fields.

Regulation of the Government of the Republic of Indonesia Number 18 of 2021 concerning Management Rights, Land Rights, Apartment Units, and Land Registration.

Supreme Court Decision with Decision Number 3020 K/PDT/2014.

Law No. 25 of 2007 concerning Investment.

Law Number 40 of 2007 concerning Limited Liability Companies.

Law of the Republic of Indonesia Number 2 of 2014 concerning Amendments to Law Number 30 of 2004 concerning the Position of Notary.

Law of the Republic of Indonesia Number 6 of 2023 concerning Stipulation of Government Regulation in Lieu of Law Number 2 of 2023 concerning Job Creation into Law.

Constitution of the Republic of Indonesia Year 1945 (UUD 1945)

Downloads

Published

2024-12-20

Most read articles by the same author(s)