PAPER

GROUP ASSIGNMENT
BUSINESS LAW IN INDONESIA
Indonesia has become one of the developing markets in the world. Indonesia views as a young
country that is changing its progressive politics, explaining the emergence of an autocratic
government of the year.
Economic and urbanization-related infrastructure must be funded by oil and minerals which are
priorities for exports. The government has launched investment sectors to address the new
financial popularity of the industry, as a step to entire its investment savings reform.
The legal system in Indonesia is based on civil law and civil law system, the law is designed to
complement all cases.

The source of business law in Indonesia:

The source of business law is actually the same as the source of law in Indonesia. Similar to
other fields of law, sources of business law can be mentioned as follows:
1. Statutory regulations, namely applicable legal regulations, such as: Laws, Government
Regulations, and so forth.
2. Agreement or contract, which is an agreement made by the parties in a business
transaction. There is also an opinion which states that the agreement or contract applies
as a law against the parties who made it.
3. Treaty, namely the provisions in relations and international law, both in the form of an
agreement between the leaders of countries in the world, regulations in international law,
guidelines made by world institutions, and others that are enforced in Indonesia.
4. Jurisprudence, which is a legal decision that is usually used as a guideline in formulating
or being considered in the preparation of regulations or subsequent legal decisions.
5. Habits in business, namely habits that are carried out by business people in general.
6. Doctrine, i.e. expert opinions or legal experts related to business law. Doctrine is usually
called the opinion of legal scholars.

The written legal basis for business law in Indonesia is as follows:

1. KUH Trade which has not been changed much.
2. The KUH trade has changed a lot.
3. Trade KUH which has been replaced by new legislation.
4. Civil Code which has not been changed much.
5. The Civil Code has changed a lot.
6. Civil Code that has been replaced with new legislation.
7. Legislation that is not bound by the Commercial Law or the Civil Code.
The Scope of Indonesian Business Law
Considering that Indonesian business law was born to regulate, supervise, protect economic
activities, the scope of business law is also related to these activities. Almost every joint of
business activity in Indonesia has been touched by business law. The existence of current
business law, has succeeded filling the empty space in business activities.
As for the scope of business law, including:
 Business Arrangements and Contracts,
 Business Entities and Legal Entities (Companies),
 Financing,
 Investment / Investment, Insurance,
 Bankruptcy and Liquidation,
 Consumer Protection,
 Business Competition,
 Transportation,
 Taxes,
 Employment,
 Securities ,
 Intellectual Property Rights,
 Business Dispute Resolution,
 and other Business Activities.

Member of Group:
Ayu Rizqi A (12010119190214)
Aldira Jasmine R.A (12010119190284)
Rosa Nabillah (12010119190306)
M. Raihan Ezeddin (12010119190312)
Jullian Rafli Rizqi A (12010119190244)