LEGAL ANALYSIS OF A JOINT VENTURE AGREEMENT AS A PROTECTION OF INVESTMENT IN INDONESIA
Keywords:
investment protection, agreements, joint ventureAbstract
Foreign direct investment activities are often realised through the establisment of joint venture companies registered as Limited Liability Company (PT) legal entities and joint venture agreements become an important instrument in regulating the relationship between foreign and national investors. This research uses a literature research method through a normative juridical approach reviewed from the Civil Code (KUHPerdata), Law No. 25 of 2007 on Capital Investment, and Law No. 40 of 2007 on Limited Liability Companies that regulate the provisions of protection of foreign investment activities in Indonesia. The purpose of this research is to evaluate the legal protection for foreign investors and national investors as well as the role of joint venture agreements in providing legal certaintu in Indonesia. Such protection is important to ensure that investments do not harm either party and support sustainable economic growth in Indonesia. The results show that the Investment Law and the Limited Liability Company Law provide sufficient legal framework to protect investors through joint ventures. However, there are still gaps related to improving for better legal certainty of Joint venture in Indonesia.
References
Ali Rahman, I., & Sukma Kelana, D. (2022). Perlindungan hukum bagi investor asing menurut Undang-Undang Nomor 25 Tahun 2007 tentang penanaman modal. Jurnal Ilmiah Hukum dan Keadilan, 9(1). https://doi.org/10.59635/jihk.v9i1.187
Halim, S. (2017). Hukum kontrak: Teori dan teknik penyusunan kontrak. Sinar Grafika.
Jumalan, R. (2018). Sinkronisasi pengaturan joint venture agreement dan anggaran dasar dalam perusahaan patungan. Jurnal Bina Mulia Hukum, 2(2), 1–16. https://doi.org/10.23920/jbmh.v2n2.17
Laela, S. (2022). Perlindungan hukum bagi pelaku usaha penyelenggara fintech peer to peer lending. IBLAM Law Review, 2(2), 220–236. https://doi.org/10.52249/ilr.v2i2.255
Purwaningsih, S., & Widyawati, A. M. J. (2023). Joint venture agreements as a form of investment cooperation. Jurnal Rectum: Tinjauan Yuridis Penanganan Tindak Pidana, 5(1), 488. https://doi.org/10.46930/jurnalrectum.v5i1.2714
Rajagukguk, E. (2019). Hukum investasi penanaman modal asing (PMA) dan penanaman modal dalam negeri (PMDN) (Cetakan 1). RajaGrafindo Persada.
Soerodjo, I. (2020). Joint venture as a model of cooperation in the infrastructure projects in Indonesia. International Journal of Economics and Business Administration, 8(2). https://doi.org/10.35808/ijeba/470
Sukananda, S., & Mudiparwanto, W. A. (2020). Analisis pengaturan penanaman modal asing dalam bentuk perusahaan joint venture di Indonesia. Diversi: Jurnal Hukum, 5(2). https://doi.org/10.32503/diversi.v5i2.559
UU Nomor 25 Tahun 2007 tentang Penanaman Modal, Pub. L. No. 25 (2007). https://jdih.kemenkeu.go.id/fulltext/2007/25TAHUN2007UU.HTM
UU Nomor 40 Tahun 2007 tentang Perseroan Terbatas (2007).
Yuwafi, R. Y., Nachrawi, G., & Miharja, M. (2022). Klausula eksonerasi dari perspektif asas kebebasan berkontrak dan asas keadilan studi kasus putusan kasasi nomor 8/K/PDT/2013. Jurnal Hukum Pelita, 3(1), 78–101. https://doi.org/10.37366/jh.v3i1.1047.