Open AccessThe role of notaries in the economic growth of Medan city
Author(s) -
O. B. Gultom,
Bildanur Mauli Ginting,
Muhammad Yamin Lubis,
T. Keizerina Devi Azwar
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/452/1/012038
Subject(s) - indonesian , deed , business , government (linguistics) , bureaucracy , normative , accounting , business administration , law , political science , philosophy , linguistics , politics
Economic growth is an indicator of measuring economic success. The factors influencing the economy of a region is the business climate. Medan as the third largest city in Indonesia has a rapidly developing economy to accommodate business activities. Regional Government of Medan should provide Ease of Doing Business (EoDB) indicators for the investors. Starting a new business is one of the ten EoDB indicators which cannot be separated from the important role of notaries. However, the Regional Government and notaries in Medan have not synergized well so that trimming the licensing procedures for starting a business. This is legal research with a normative juridical approach. The results show that Government Regulation Number 24 of 2018 concerning Electronic Integrated Licensing Services mandates the use of Online Single Submission (OSS) systems. This system trims the bureaucracy and encourages new business start-ups. The Indonesian Notary Association intensely conducts education and training for Notaries on the benefit of applying OSS system. In conclusion, a Notary does not solely act as a deed maker in licensing procedures. Trimming procedures through OSS system as a support to ease of doing business will increase the economic growth in Medan, including licensing arrangements by a Notary.