Govt Grants MSMEs with Supportive Regulations, Public Space Allocation

COVID-19 stimulus
Summary

The government supports micro, small, and medium enterprises (UMKM) through the issuance of Law No. 11/2020 on Job Creation and its secondary legislation, such as:

  1. Government Regulation (PP) No. 8/2021 on the Core Capital and the Establishment, Conversion, and Disbandment Registration of a Company Meeting the Micro and Small Business Criteria.
  2. PP No. 7/2021 on the Facility, Protection, and Empowerment for Micro, Small, and Medium Enterprises (MSMEs).
  3. Presidential Regulation (Perpres) No. 10/2020 on Investment.

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