A Study on the Trends in Labor-Management Relations of Foreign Investment Companies in Korea

Abstract Foreign investment is a critical development strategy. The aim of the study was to investigate the factors affecting the attraction of foreign investment in Iran. The statistical population included foreign investment companies covered by the Foreign Investment Promotion and Protection Act and some experts from investment licensing executive agencies in Tehran province. A total of 400 subjects were enrolled in 2014-2017. The data analysis was performed using Kolmogorov-Smirnov test. All foreign investment companies covered by the investment promotion and protection law were studied by sampling. In addition, a non-random sampling method was used at the experts’ level in the operating systems and executive organisations. In the present research, the Cochran formula was used to determine the sample size being 400 subjects. As a result, 550 questionnaires were distributed and completed; finally, 400 questionnaires were received and analysed in a correct and complete manner. Within the framework of the research, the parametric test (t-test) and linear regression were used for data analysis and the hypotheses due to normal distribution. After analysing the data collected from results of the respondents’ responses and based on mathematical and statistical models, the most important factors affecting foreign investment attraction were the economic factor (p<0.001) followed by the social factor (p=0.002), the administrative bureaucracy (p=0.003), cultural factor (p=0.021) and the agent of the state (p=0.031), all of which exhibited a significant relationship. Based on the results, the economic and cultural factors were the most effective parameters affecting foreign investment.

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Legalitas Perusahaan Penanaman Modal Asing Untuk Mendatangkan Tenaga Kerja Asing ke Indonesia di Tengah Pandemi Covid-19

Jurist-Diction ◽

10.20473/jd.v4i3.26992 ◽

2021 ◽

Vol 4 (3) ◽

pp. 1183

Author(s):

Terry Christy Prasetya

Keyword(s):

Foreign Investment ◽

Transmission Rate ◽

Foreign Worker ◽

Foreign Workers ◽

Investment Climate ◽

Foreign Investors ◽

Indonesian Government ◽

Investment Companies ◽

The World ◽

Very High

AbstractNovel Coronavirus (Covid-19) is a contagious virus which attacks the respiratory system and has swept the entire world, including Indonesia. This virus has a very high transmission rate and affects various sectors in Indonesia, such as the economic sector. The Indonesian government always strives to maintain a positive investment climate for foreign investors. With the spread of the Covid-19 virus, countries around the world have closed access to their countries. This includes Indonesia. PT. PMA Virtue Dragon Nickel Industri (VDNI), a foreign investment company in Indonesia which holds a permit from the Ministry of Manpower (KEMENAKER) to bring in foreign workers in the context of building a smelter amidst the Covid-19 pandemic. This caused a polemic in Indonesia because despite various labor problems, the Indonesian Government gave permission to bring foreign workers to Indonesia during the Covid-19 pandemic. Therefore, this paper is a juridical analysis will be carried out regarding the legality of foreign investment companies bringing in foreign workers in the middle of the Covid-19 pandemic. Keywords: Foreign Worker; Covid -19; Legality.AbstrakNovel Coronavirus (Covid-19) adalah sebuah virus menular yang menyerang sistem pernafasan yang melanda seluruh dunia tidak terkecuali di Indonesia. Dengan tingkat penularan yang sangat tinggi hal ini tentunya memperngaruhi berbagai sektor di Indonesia termasuk dalan sektor ekonomi. Pemerintah Indonesia tentunya selalu berupaya untuk menjaga iklim investasi yang positif bagi penanaman modal asing. Dengan menyebarnya virus Covid-19 negara – negara di dunia menutup akses masuk ke negaranya, temasuk Indonesia. PT. PMA Virtue Dragon Nickel Industri (VDNI) salah satu perusahaan penanaman modal asing yang ada di Indonesia dan memegang izin dari Kementerian Tenaga Kerja (KEMENAKER) untuk mendatangkan tenaga kerja asing dalam rangka pembagunan smelter ditengah pandemi Covid-19. Hal ini kemudian menimbulkan polemik di Indonesia karena ditengah berbagai permasalahan ketenagakerjaan Pemerintah Indonesia memberikan izin untuk mendatangkan Tenaga Kerja Asing ke Indonesia di tengah pandemi Covid-19. Oleh karena itu dalam penulisan ini akan dilakukan analisa yuridis mengenai legalitas perusahaan penanaman modal asing untuk mendatangkan tenaga kerja asing di tengah pandemi Covid-19Kata Kunci: Tenaga Kerja Asing; Covid-19; Legalitas.

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THE PROBLEM OF THE SUPERVISION OF IMMIGRATION STAY LICENSES ON ILLEGAL FOREIGN LABOR WORKING IN FOREIGN CAPITAL INVESTMENT COMPANIES IN INDONESIA

Jurnal Ilmiah Kajian Keimigrasian ◽

10.52617/jikk.v1i2.31 ◽

2018 ◽

Vol 1 (2) ◽

pp. 13-24

Author(s):

Tony Mirwanto

Keyword(s):

Foreign Investment ◽

Migrant Workers ◽

Capital Investment ◽

Foreign Worker ◽

Foreign Workers ◽

Residence Permit ◽

Investment Companies ◽

Foreign Labor ◽

State Income ◽

The Government

Abuse of Residence Permits by foreigners with the mode of using tourist visit visas often occurs, generally used in the context of working as a Foreign Worker in a Foreign Investment Company in Indonesia. This has led to a reduction in employment opportunities for Indonesian Migrant Workers in the country and a reduction in State income in terms of the use of Foreign Workers. Based on the facts in the field, the problem of misuse of Tourism Visit Stay Permits generally comes from the policy of Free Visa for Tourist Visits, this is a problem that over time is increasingly difficult to resolve, even more difficult to detect by law enforcement officials. The involvement of Indonesia in various international agreements that accommodate the ease of investment and the use of foreign labor, has made Indonesia increasingly fulfilled by investors and foreign workers. The problem of the use of foreign workers needs to be taken seriously by the government, especially in monitoring its activities while in Indonesia, so that the use of foreign labor can be beneficial for Indonesia. Giving ease of Visa Free in order to increase foreign exchange in tourism to foreigners who will enter Indonesia, of course, must be accompanied by supervision of their residence permit as a consequence of the ease of granting the Visa Free. In order for the practice of using foreign workers illegally by foreign investment companies, it can be minimized as early as possible

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PERLINDUNGAN HUKUM BAGI PENANAMAN MODAL ASING (PMA) DI INDONESIA

JURNAL RECTUM: Tinjauan Yuridis Penanganan Tindak Pidana ◽

10.46930/jurnalrectum.v1i2.227 ◽

2019 ◽

Vol 1 (2) ◽

pp. 142

Author(s):

Ria Sintha Devi

Keyword(s):

Foreign Investment ◽

Capital Investment ◽

Legal Protection ◽

Investment Companies ◽

National Economic ◽

One Stop ◽

The Law ◽

The Republic ◽

The Government ◽

The One

The existence of Foreign Investment in Indonesia is very important and strategic in supporting the implementation of national economic development and increasing economic growth in the community. Foreign investment which is regulated in law No. 25 of 2007 about the legal protection for foreign investment in Indonesia, both investment in the form of a Limited Company (PT) or investment. This shows that foreigners in Indonesia who carry out their capital investment activities are regulated by law and protected by the government under the law. The formulation of the problem were how the position of the establishment of foreign investment companies in Indonesia was, what the procedures for the implementation of foreign investment in Indonesia were, and what efforts have been made by the government if there were violations of law in foreign investment in Indonesia. The results of the study showed every foreign company that wanted to invest in Indonesia had to get the principle permission to the Investment Coordinating Board (BKPM) and the One Stop Integrated Investment and Services Office (PTSP), so that the company could be established in Indonesia and its establishment was in accordance with the procedures of the law on foreign investment so that the foreign investment company was fully under the responsibility and supervision of the Republic of Indonesia. The government also gave relief to foreign investment in Indonesia in freeing the entry tax fees for goods or electronic equipment for foreign investment (PMA) in Indonesia in investing their capital.

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FAKTOR-FAKTOR YANG MEMPENGARUHI KEPATUHAN PAJAK, DENGAN PENDEKATAN PERILAKU DAN ETIKA (Studi Empiris Pada Perusahaan PMA Yang Terdaftar Di Kanwil DJP Jakarta Khusus)

TEKUN: Jurnal Telaah Akuntansi dan Bisnis ◽

10.22441/tekun.v8i1.5522 ◽

2019 ◽

Vol 8 (1) ◽

Author(s):

Deden Tarmidi

Keyword(s):

Foreign Investment ◽

Structural Equation ◽

Tax Compliance ◽

Slight Modification ◽

Equation Modeling ◽

Investment Companies ◽

Compliance Behavior ◽

Directorate General ◽

Improve Compliance ◽

Approach Theory

The purpose of this research is examine the factors that affect tax compliance, with the approach Theory of Planned Behavior (TPB) and ethics. The fact that tax compliance is still low in Indonesia, including foreign investment companies (PMA). Variables used for this research based on some previous research such as Schifter and Ajzen (1985), Ajzen (1991), Recker (1994), Hanno and Violette (1996), Blanthorne (2000), Bobek and Hatfield (2003) Ajzen and Fishbein (2005), Trivedi et. al. (2005), Mustikasari (2007), Hutagaol (2007), Harinurdin (2009), Wangsa (2009), Ernawati and Purnomosidhi (2011), and Damayanti (2012) with slight modification. The samples of this research consisted of one hundred and fifty tax professional as a representative of foreign investment company (PMA) in Kanwil DJP Jakarta Khusus. Structural Equation Modeling (SEM) was used for data analysis. The result showed that ethics of tax professional as PMA representative contributes a significant positive to tax compliance. The empirical results show that in order to improve tax compliance behavior of taxpayers, ethics in environment must continue to growed, Directorate General of Taxation can conduct a psychological approach to the taxpayer in order to further improve compliance in implementing their taxation

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The Law Related to Foreign Investment Companies in China

Asia Pacific Law Review ◽

10.1080/18758444.1996.11788039 ◽

1996 ◽

Vol 5 (1) ◽

pp. 96-101

Author(s):

Kaiyuan Tao ◽

Yapu Zhang

Keyword(s):

Foreign Investment ◽

Investment Companies ◽

The Law

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Foreign Investment

10.1093/oso/9780199677740.003.0018 ◽

2018 ◽

Author(s):

Simon Butt ◽

Tim Lindsey

Keyword(s):

Foreign Investment ◽

Public Private Partnerships ◽

Court Decisions ◽

Mining Sector ◽

Commercial Arbitration ◽

Foreign Investors ◽

Investment Companies ◽

Ore Processing ◽

The Law

Successive governments have emphasized Indonesia’s need for greatly increased foreign investment but have not matched this with sufficient reform to attract large amounts of it. This chapter begins by describing the requirements for foreign investment, including establishment of PMAs, or foreign investment companies, before considering the restrictions that apply to them, such as the ‘negative list’ of sectors closed to investors, or open with restrictions. It looks at important court decisions that have made foreign investment more difficult, along with the share divestment and onshore ore processing rules that have had the same effect, particularly in the mining sector. The chapter then outlines the law relating to commercial arbitration, including the rules limiting the enforcement of foreign awards in Indonesia. The last topic covered is public-private partnerships (PPPs) and the Indonesian Investment Guarantee Fund, which guarantees payment of state liabilities to foreign investors but struggles to attract new projects.

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Pengaturan Pendirian Perusahaan Penanaman Modal Asing (PMA) di Indonesia

Jurnal Interpretasi Hukum ◽

10.22225/juinhum.2.1.3084.43-47 ◽

2021 ◽

Vol 2 (1) ◽

pp. 43-47

Author(s):

Gusti Ngurah Sudarma Yuda ◽

I Nyoman Putu Budiartha ◽

Ni Made Puspa Sutari Ujianti

Keyword(s):

Foreign Investment ◽

Research Method ◽

Data Sources ◽

Standard Of Living ◽

Legal Research ◽

Conceptual Approach ◽

Business World ◽

Regional Autonomy ◽

Investment Companies ◽

Settlement Of Disputes

Investment has a very important function in terms of improving the development of the state's economy. This investment is an activity carried out by the business world in order to improve the standard of living of the community. The research aims to explain the arrangement of agreements for the establishment of foreign investment companies in the era of regional autonomy and to describe the settlement of disputes in foreign investment. The research method was normative legal research with a problem approach using a statutory approach and a conceptual approach. The data sources used were primary and secondary legal materials. The results of this study indicatde the existence of PMA during the regional autonomy era, the policies taken by the Bali Provincial BKPMD / BPM to attract investors to invest in the Bali area, especially the Bali Province BKPMD / BPM are still guided by the Letter of the Deputy for National Entrepreneurship Development, BPM Number S-35. / DU-5BKPM / 2001 concerning the field of promotion and international cooperation in investment and dispute resolution for foreign investment who commit violations according to Law Number 25 of 2007 is pursued by means outside the general court (non-litigation) through arbitration and through the judiciary ( litigation).

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