The Importance of the Investment Business Sector in Foreign Investment
Journal: International Journal of Arts and Social Science (Vol.5, No. 7)Publication Date: 2022-07-30
Authors : Sri Purwaningsih Agnes Maria Janni Widyawati;
Page : 09-94
Keywords : List of Business Fields; Foreign Owned Companies; Joint Venture agreement;
Abstract
: Direct investment means investment (investor) forming a business or company in Indonesia (Article 1 point b) Law no. 3 of 1982 concerning mandatory company registration (UU WDP).The choice of business field is one of the important aspects in the establishment of Foreign Investment in addition to the policy aspect, the realization of the agreement and the establishment of the company.The parties in foreign investment, namely the Indonesian (Indonesian Participation) and foreign (Foreign Participation) parties make a Memorandum of Understanding (MOU), then they make a Joint Venture Agreement which contains the will of the parties in a more detailed and complete manner as a follow-up to the MOU. The relationship of the Parties in foreign investment is an equal and equal relationship.
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