The Position and Role of Notaries in the Formation of Individual Limited Liability Companies as Legal Entities after the Job Creation Law

Abstract

The birth of the Individual Limited Liability Company (PT) as a new form of legal entity after the enactment of the Job Creation Law brought significant changes in the corporate legal system in Indonesia. One of the important implications of this policy is the simplification of the procedure for establishing a legal entity, which no longer absolutely requires the involvement of a notary in the preparation of a deed of incorporation. This article aims to analyze the position and role of notaries in the formation of an Individual PT and its legal implications for legal certainty and protection. This study uses a normative juridical approach by examining laws and regulations and related legal doctrines. The results of the study show that although formally the role of notaries is no longer the main requirement in the establishment of a Individual PT, its existence is still relevant in providing guarantees of validity, legal certainty, and protection against potential disputes in the future. Therefore, the role of notaries has shifted from a formal obligation to a substantive need in legal practice.