Ease of Establishment of Micro and Small Business Individual Companies in Supporting Tourism Businesses after the Enactment of the Job Creation Law

To support the economic growth of the Indonesian people in general and the Balinese people in particular, most of whom are in the tourism sector, the Government has enacted several laws and regulations, including Law Number 11 of 2020 concerning Job Creation. The enactment of the Job Creation Law provides discretion to micro and small businesses in terms of establishing a legal entity whose establishment does not require a notary deed, and even the founder and shareholder only need one person. Companies that meet the criteria for micro and small businesses will receive the facilities as stipulated in the Job Creation Law. This will be very beneficial for Shareholders of Individual Companies.