Open AccessThe Challenges of Micro, Small and Medium Enterprises in Indonesia in the Era of the ASEAN Economic Community
Author(s) -
Rina Shahriyani Shahrullah,
Febri Jaya,
Inal Arifin
Publication year - 2021
Publication title -
syiah kuala law journal
Language(s) - English
Resource type - Journals
eISSN - 2580-9059
pISSN - 2549-1741
DOI - 10.24815/sklj.v5i1.19695
Subject(s) - indonesian , normative , small and medium sized enterprises , business , law , political science , philosophy , linguistics
This study analyzes the challenges of Indonesian MSMEs under Law No. 20 of 2008 concerning Micro, Small and Medium Enterprises in the era of AEC 2015-2020 and the readiness of MSMEs under Law No.11 of 2020 concerning Job Creation (the Omnibus Law) in facing the era of AEC 2025. It adopted a normative legal research and found that MSMEs faced many challenges in the AEC era under the MSMEs Law. However, the amendment of this Law by the Omnibus Law constitutes a better strategy to improve and develop the Indonesian MSMEs to be ready in facing the AEC 2025.