scholarly journals Kajian Hukum Perbandingan Kemudahan Investasi Asing di Singapura dan di Kota Batam, Indonesia Beserta Legal Standing OSS Dalam Penerapannya

Wajah Hukum ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 431
Author(s):  
Abdurrakhman Alhakim ◽  
Jessica Sim ◽  
Hari Sutra Disemadi
Keyword(s):  
Investment Climate ◽  
Legal Certainty ◽  
Doing Business ◽  
Legal Standing ◽  
Strategic Location ◽  
Global Companies ◽  
Regulation Approach ◽  
Investment Growth ◽  
The City ◽  
Statutory Regulation

Investment is one of the first steps in moving the wheels of a country's economy. In the city of Batam itself is strongly identified with the investment climate. With its strategic location, Batam City is located adjacent to its neighboring countries, namely Singapore and Malaysia. The OSS (Online Single Submission) system emerged as one of the steps aimed at increasing the competitiveness of the global region and encouraging investment growth. However, in the OSS system there are still many obstacles both in terms of regulations and implementers of regulations that are considered less than optimal in applying electronically integrated business licenses. This is also worsen by the dualism of authority in managing the region. Looking to neighboring countries, Singapore is a favorite destination for global companies wishing to expand their business in Asia. The ease of obtaining a business license has become the main focus for this Lion Country. This study uses a normative legal research method with a comparative law approach and a statutory regulation approach. The purpose of writing this article is to study the ease of foreign investment in Singapore compared to Batam City and the legal standing of OSS in its application. Based on the research conducted, the ease of investment is examined from various factors, namely in the areas of legal certainty, taxation, employment, and licensing of the Indonesian OSS system including Batam City which still does not fully support a conducive investment climate in doing business compared to Singapore.

scholarly journals KAJIAN YURIDIS TERKAIT PENGEMBANGAN IKLIM INVESTASI INDONESIA DI ERA PANDEMI COVID-19

2021 ◽  
Vol 6 (1) ◽  
pp. 20-40
Author(s):  
Lis Julianti
Keyword(s):  
Economic Growth ◽  
Qualitative Analysis ◽  
Research Method ◽  
Economic Potential ◽  
Investment Climate ◽  
Legal Certainty ◽  
Conceptual Approach ◽  
Doing Business ◽  
Library Research ◽  
The Government

Investment is a sector that plays an important role in economic growth in a country. Indonesia is a country that has enormous economic potential to attract investors to invest, but has not been able to create a conducive investment climate. The existence of the COVID-19 pandemic has further exacerbated the decline in investment in Indonesia. This is due to various tight restrictions, the complexity of managing licensing and regulations that still overlap between the center and the regions. The research method used is juridical normative which is based on secondary legal materials. This study uses an approach: statute approach, and conceptual approach. The technique of searching for legal materials uses the document study technique (library research), and the analysis of the study uses qualitative analysis. The results of this study indicate that the Government has made maximum efforts by issuing various regulations or policies in order to revive the investment climate in Indonesia so that the country's economic growth can increase, and is able to guarantee legal certainty in doing business in Indonesia.

WAYS TOWARDS ADVANCED AUTOMATIC MEASURES TO PREVENT VAT EVASION

2018 ◽  
Vol 1 (11) ◽  
pp. 102-118
Author(s):  
Andrew Vadimovich Grona
Keyword(s):  
Accounting System ◽  
Investment Climate ◽  
Administration System ◽  
Doing Business ◽  
Key Points ◽  
Ministry Of Finance ◽  
Finance Department ◽  
Tax Payers ◽  
Electronic Administration ◽  
New Criteria

This paper intends to bring a view on possible measures, which the Cabinet of Ministers and Finance Department of Ukraine are authorized to implement. These measures concern introducing new criteria for evaluating the level of risks, sufficient for stopping a registration of tax invoices/adjustment calculations, depending on a kind of the stated goods’ issue. Both the criteria and implementation of those are based on the information, received from an au- tomated VAT payers’ inventory accounting system, necessary for creationas a component of VAT electronic administration system. The paper brings a view on measures, intended to automate a processof reviewing tax payers’ written expla- nations by the SFS committee, established in accord to FDU’s order # 566 on 13.06.2017. In addition, some automatic measures to prevent realizing the “twist- ing” operations have been proposed in the paper. It was noted that the procedure for stopping the registration of risky tax invoices was introduced as a means of automatically preventing such a widespread VAT avoidance scheme as a “twist” for all goods, and not just for fuel. In this article, under the risky tax billing/ adjustment calculations, it is proposed to understand such tax invoices/adjust- ments calculations that satisfy the approved criteria of the Ministry of Finance to assess the degree of risk sufficient to stop their registration. It is noted that the principle of indiscretion has already been established in Ukraine. It is estab- lished prematurely, since it is not yet backed up by effective automatic measures to prevent VAT deviations. The real implementation of this principle is one of the key points in improving the investment climate and implementing economic re- forms in Ukraine. It will sharply increase the level of freedom of doing business in Ukraine, will open the way for an automatic VAT refund procedure and deprive enterprises of unreasonable checks that are carried out in connection with the detection of tax breaches by their counterparties (and, more often, counteragents of their counterparties).

scholarly journals INVESTMENT SECURITY IN THE SYSTEM OF ECONOMIC SECURITY OF THE STATE

2021 ◽  
Author(s):  
Nataliia Sytnyk ◽  
Veronika Ishchenko
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Economic Security ◽  
The State ◽  
Fixed Capital ◽  
Investment Climate ◽  
Important Place ◽  
Doing Business ◽  
The World ◽  
The Government

In modern conditions of functioning of the market economy, in the era of development of globalization and globalization processes, the prevalence of international relations, the spread of various forms of international capital movement, in particular foreign direct investment, an important place is occupied by investment activities and policies implemented by the state within the framework of the latter. It is difficult to overestimate the importance and role of investment, because world experience shows that the effective development of business entities, and therefore the country's economy as a whole, cannot be imagined without making investments. Therefore, the government of almost any country in the world is focused on creating a favorable investment climate. The article defines the theoretical foundations of investment security of the state: the essence of the concept is outlined, the principles on which investment security is based, its place and role in the state's economic security system are justified. Qualitative and quantitative criteria for a comprehensive assessment of the state's investment security are presented. The calculation and analysis of the main indicators – quantitative criteria of investment security: gross accumulation of fixed capital; the degree of accumulation of fixed capital; the ratio of the cost of newly introduced fixed assets to the volume of capital investments is carried out; the ratio of net growth of foreign direct investment to GDP; the size of the Ukrainian economy as a percentage of global GDP. The dynamics of the total volume of foreign direct investment in the Ukrainian economy in the context of world countries is analyzed. The main investor countries that ensure the receipt of the largest volumes of investment flows to the Ukrainian economy are identified. Ukraine's place in the World Bank's “Doing Business” rating over the past ten years has been demonstrated. The positive dynamics regarding Ukraine's place in the World Bank's “Doing Business” rating and the main factors that influenced such positive changes were noted. The investment climate of the state is assessed and possible measures are proposed to improve the mechanism of managing the state's investment security.

scholarly journals Formation of investment potential as a factor in the development of Ivano-Frankivsk UTC

2020 ◽  
Vol 7 (3) ◽  
pp. 78-88
Author(s):  
Antonina Tomashevska
Keyword(s):  
Economic Development ◽  
Foreign Investment ◽  
Geographical Location ◽  
Special Role ◽  
Investment Climate ◽  
Foreign Economic Policy ◽  
Investment Activity ◽  
Expert Assessments ◽  
Labor Resources ◽  
The City

One of the key tasks of the current government is to develop the regions and strengthen their economic potential. One of the most important factors of economic growth is investment. For Ukraine, which is in a crisis pit, the issue of attracting foreign investments is especially important and relevant, as they have a significant impact on the economic development of the country. At the same time, the largest degradation in Ukraine today is investment activity, which is also due to the outbreak of COVID-19. Deterioration of the investment climate, the possibilities of budgets at all levels, the decline in business activity of economic entities have led to a difficult state of the investment sphere. The article analyzes the investment attractiveness of the regions of Ukraine. A special role is focused on the factors (positive and negative) that affect the formation of the investment climate of the regions: positive - geographical location, labor resources; negative - unfavorable climate and corruption. One of the indicators that reflects the stable economic development of certain sectors of the economy, as well as the country's economy as a whole is the investment potential of the regions. The investment and foreign economic policy of Ivano-Frankivsk UТС is analyzed, which is aimed at improving the image at the regional and international levels, promoting a significant increase in domestic and foreign investment in economic development, the implementation of active information and promotional activities. In the city, foreign investment is about 580 million dollars. US dollars, of which almost 80 million dollars. USA - loan capital. During the study, we analyzed the largest enterprises in Ivano-Frankivsk, including foreign investment, LLC “Electrolux Ukraine”, LLC “Tyco Electronics Ukraine Limited”, SE VO “Karpaty” (Delphi project), LLC “Imperial Foods”. The method of expert assessments indicates promising areas of business development of Ivano-Frankivsk UТС. In the course of the research we suggested ways to improve the investment attractiveness of Ivano-Frankivsk UТС.

PENERAPAN ESTETIKA VISUAL ARSITEKTUR MODEREN PADA REDESAIN BANGUNAN & FASAD HOTEL KOTA TEPIAN DI SAMARINDA

2020 ◽  
Vol 6 (2) ◽  
Author(s):  
Nur Husniah Thamrin ◽  
Maulana Refindo Dhuhur
Keyword(s):  
Economic Potential ◽  
Architectural Style ◽  
Natural Lighting ◽  
Public Facilities ◽  
East Kalimantan ◽  
Building Facades ◽  
Strategic Location ◽  
Long Time ◽  
To Come ◽  
The City

ABSTRACTThe development of the city of Samarinda is increasing and is still sustainable for a long time, especially in terms of suppressing administrative areas. The city of Samarinda as a province of East Kalimantan still has economic potential to continue to grow, this is triggered by increasing population and economic growth in the city of Samarinda. Hotel Kota Tepian have been around for a long time around 1990, Hotel Kota Tepian are included in the class of 2 star hotels that have various facilities such as 25 rooms to stay with various types of superior, premium, and standard. Hotel Kota Tepian also provides facilities for meetings, restaurants and SPA.The advantages of the Hotel Kota Tepian are its strategic location and is located in the middle of the city close to public facilities, offices and shopping centers such as Segiri Market, Mall Plaza Mulia, and Lembuswana while the shortcomings and problems of the Hotel Kota Tepian are designing the City Edge Hotel with emphasis on building facades using a modern architectural style, then designing natural lighting and artificial redesign on the interior of the Hotel Kota Tepian. Therefore, Kota Tepian hotel really needs to be redesigned to restore the image of the hotel in terms of visual aesthetic facade so that it becomes an attraction for visitors to come and feel comfortable while Kota Tepian Hotel.Keywords: Hotel, Kota Tepian, Redesign, Building, Facade. ABSTRAKPerkembangan kota Samarinda semakin meningkat dan masih berkelanjutan dalam waktu yang lama, khususnya dalam hal penekanan wilayah administrasi. Kota Samarinda sebagai provinsi dari Kalimantan Timur masih memiliki potensi ekonomi untuk terus berkembang, hal ini dipicu oleh semakin meningkatnya pertumbuhan penduduk dan ekonomi di kota Samarinda.Hotel Kota Tepian telah berdiri sejak lama sekitar tahun 1990, Hotel Kota Tepian termasuk dalam kelas hotel berbintang 2 yang memiliki berbagai macam fasilitas seperti 25 kamar tempat menginap dengan berbagai tipe yaitu superior, premium, dan standart.Pada Hotel Kota Tepian juga menyediakan fasilitas untuk pertemuan, restorant, dan SPA. Kelebihan dari Hotel Kota Tepian adalah lokasi yang strategis dan terletak di tengah kota dekat dengan falitas umum, perkantoran dan pusat perbelanjaan seperti pasar segiri, mall plaza mulia, dan lembuswana sedangkan kekurangan dan menjadi permasalahan dan penekanan dari Hotel Kota Tepian yaitu meredesain Hotel Kota Tepian dengan penekanan pada fasad bangunan dengan memakai gaya arsitektur modern. Maka dari itu Hotel Kota Tepian sangat perlu untuk di redesain untuk mengembalikan citra hotel dari segi estetika visual fasad sehingga menjadi daya tarik bagi pengunjung untuk datang dan merasa nyaman saat berada di Hotel Kota Tepian.Kata Kunci: Hotel, Kota Tepian, Redesain, Fasad, Bangunan.

scholarly journals PRINSIP-PRINSIP KEPEMILIKAN SAHAM PEMERINTAH DALAM PERUSAHAAN MILIK NEGARA (STUDI PERBANDINGAN ANTARA INDONESIA DENGAN SINGAPURA)

2014 ◽  
Vol 3 (1) ◽  
Author(s):  
Ni Wayan Desi Aryanti
Keyword(s):  
Corporate Law ◽  
Comparative Approach ◽  
Legal Standing ◽  
Legal Implications ◽  
Financial Audit ◽  
The Government ◽  
Materials Used ◽  
Regulation Approach ◽  
Legal Consequences ◽  
Practical Level

This  journal  entitled  “Comparative  Study  Concerning  The  Principles  of  Government’s Shares in State Owned  Enterprise”.  Problems  being research  in this thesis are, first: the legal standing of the state’s equity in Persero according to Indonesian corporate law and its comparison to Singapore corporate law. The second problem, what are legal implications of the government’s shares in Persero. The  method  being  used  is  normative  legal  research  through  legislation  and  regulation approach  and  comparative  approach.  Legal  materials  used  are  primary  legal  materials, legal materials and secondary and tertiary legal materials, the analysis done by descriptive, evaluative, interpretative, analytical and argumentative. This research shows that according  to Indonesian  corporate law, the state’s equity being placed in Persero   belongs to Persero and according to Singapore Law, the government’s equity being  placed  in  Persero  as the Government  Linked  Company  belongs  to the said company.  Legal consequences of the government equity in Persero are: the management of the said equity is no longer subject to state budget’s principals but to good corporate government principals; contracts made by Persero binds Persero and not the government, hence compliance and liability arising from the said contracts are Persero’s liability only and therefore Persero’s claim arising from contracts belong to the said Persero. However, in practical level, there are still some inconsistency in Persero’s equity treatment (i.e. financial audit and Persero’s inability to act as the guarantor to another company). On  the  other  side,  the  Government  of  Singapore’s  equity  in  Temasek  is  managed  by corporate mechanism and almost without government intervention (except for past reserves). Therefore  Temasek  is  free  to  make  any  contract  with  third  parties  and  can  act  as  the guarantor for its subsidiary.

scholarly journals Legal problems of the introduction and application of digital technologies in the field of passenger transport

2018 ◽  
Vol 239 ◽  
pp. 04009
Author(s):  
R.B. Bryukhov ◽  
K.E. Kovalenko
Keyword(s):  
Business Models ◽  
Urban Infrastructure ◽  
Negative Consequences ◽  
Small Cities ◽  
Large Cities ◽  
Doing Business ◽  
Urban Public Transport ◽  
New Business ◽  
The City ◽  
Motorised Transport

Urbanization continues. There is an outflow of population from small cities and towns to large ones. According to some estimates, 60% of the world's population will live in cities by 2060 (now 50%). The middle class is growing, and there are more and more people who buy cars. Consequently, the load on urban infrastructure and roads is increasing. The high number of traffic jams leads to negative consequences: the delay in the delivery of goods, the late arrival of people to work, etc. On the other hand, despite the best efforts of manufacturers, transport continues to pollute the atmosphere. Technologies continue to develop rapidly, new business models, rules of doing business in transport and ways to use it are emerging. Recently, there has been the emergence of such innovations as car sharing (the use of cars that are freely available in the city), various types of taxis that can be called up using a mobile phone, and improved urban public transport. In addition, the most current urban trends are the development of pedestrian areas in large cities, non-motorised transport, and bicycles.

Integrating internet of things in electrical engineering education

2020 ◽  
pp. 002072092090342
Author(s):  
Fahd Alharbi
Keyword(s):  
Internet Of Things ◽  
Engineering Education ◽  
Electrical Engineering ◽  
Advanced Manufacturing ◽  
Strategic Location ◽  
Electrical Engineering Education ◽  
Vision 2030 ◽  
Internet Of Things Technology ◽  
The City ◽  
The Internet Of Things

The Saudi Vision 2030 plan is based on three pillars: the Kingdom’s statues as a center for Arab and Islamic countries, stimulating the economy by diversifying revenues and taking advantage of the strategic location that makes the country a center of trade and gateway to the world. The initiative to establish the city of Neom emerges to achieve the objective of reducing the country’s dependence on oil, diversifying its economy, and developing public services sectors. NEOM project focuses on several sectors such as energy and water, mobility, biotech, advanced manufacturing, and digital sciences. One of the main sustainability factors for a smart city as NEOM project is the human factor. It is important to qualify engineers to be able to operate and maintain digital technology such as internet of things applications and devices. In this article, we propose integrating the internet of things technology and applications into the electrical engineering education to introduce students to the future skills and enable them to participate in the sustainability of Saudi Vision 2030.

scholarly journals KEWENANGAN PEMERINTAH PROVINSI BALI DALAM PENYELENGGARAAN PENANAMAN MODAL BERDASARKAN UNDANG-UNDANG NOMOR 25 TAHUN 2007 TENTANG PENANAMAN MODAL

2015 ◽  
Vol 4 (4) ◽  
Author(s):  
Anak Agung Ngurah Agung Satrya Diana
Keyword(s):  
Business Activity ◽  
Legal Certainty ◽  
Legal Entity ◽  
Paradigmatic Shift ◽  
Legitimate Business ◽  
Delegation Of Authority ◽  
Doing Business ◽  
Presidential Decree ◽  
One Stop ◽  
The Government

Licensing is one of the fundamental problems in the administration of the licensing applicant investment in Indonesia . Licensing is one of the very important first step in starting a business activity which is a testament to the legality of an otherwise legitimate business activities or the permissibility of a person or legal entity to conduct business activities . With the enactment of Law No. 25 of 2007 on Investment has shown that the character of a paradigmatic shift in the organization of centralized to decentralized investment in Indonesia , with the authority given to the Government of Blood to organize affairs in the administration of Investment mandatory . Especially with the issuance of Presidential Decree No. 27 Year 2009 on One Stop Services in the Field of Investment , is expected to provide legal certainty to investors who want to invest in an area designated by the legislation in force . The Province of Bali has established Investment and Licensing Agency Bali Province as Provincial Tool to Investment ( PDPPM ) , which has been granted delegation of authority from the Governor of Bali to host Investment in accordance with the authority granted by the laws and existing undnagan . However, there are shortcomings in the regulation of the Governor of Bali Delegation Authority in the Field Licensing and Nonperizinan To the Head of Investment and Licensing province of Bali , which does not include the authority to issue permissions to Investment based on legislation in the field of investment , so that in case PDPPM this as an institution in Bali province can not provide legal certainty associated with the licensing application filed by investors in doing business in Bali Province in accordance with the issuance authority.

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