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10. Foreign Capital Plant is a growing capital activity in the territory of the Republic of Indonesia which is carried out by foreign investors, either using fully foreign capital and a joint venture of investors in the United States. country.

11. Investors are individuals or businesses that make up a capital investment, domestic planters or foreign investors.

12. Domestic Investors are individuals of Indonesian citizens, Indonesian business agency, State of the Republic of Indonesia, or Region, which conducts capital cultivation in the country territory of the Republic of Indonesia.

13. Foreign investors are individuals of foreign nationals, foreign entities, and/or foreign governments conducting capital cultivation in the State of the Republic of Indonesia.

14. Capital is an asset in the form of money or other forms that are not money, which are owned by investors and have an economic value.

15. The Home Capital is a capital owned by the State of the Republic of Indonesia, an individual of the Indonesian Citizen, or a legal or legal entity in the form of a legal entity.

16. Foreign Capital is a capital owned by a foreign country, a person of foreign nationals, foreign entities, foreign legal entities, and/or Indonesian legal entities in part or all of its capital is owned by a foreign party.

17. Promotion is a communication activity to potential investors.

18. Domestic promotion is a communications activity to potential investors, which is carried out in the country.

19. Overseas Promotion is a communications activity to potential capital planters executed abroad.

20. The One-Door Integrated Service is the activities of licensing and nonlicensing of the institution or the devolution of authority from the institution or agency that has the authority of licensing and non-licensing, whose management process is the process of being authorized. is done in one place.

21. Micro-Business is a productive effort that belongs to an individual person and/or individual business entity that meets the criteria of the Mikro Business as per the provisions of the laws.

22. A small business is a self-established, productive economic entity committed by a person or a business entity that is neither a subsidiary nor a branch of a company owned, controlled, or part of either directly or indirectly (for example, an entity that is not a subsidiary of a corporation). not directly from the Medium or Great Effort, which meets the Small Business criteria in accordance with the rules of the invite-invitation rules.

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23. A medium is a productive economic entity that is self-founded, committed by a person or an entity that is neither a subsidiary nor a branch of a company owned, controlled, or part of either directly or indirectly. not directly from Small Business or Greater Business with the amount of net wealth or annual sales results in accordance with the provisions of the laws.

24. A Great effort is a productive economic effort undertaken by an entity with a net worth of wealth or annual sales results greater than the Intermediate Effort, which includes national or private-owned businesses, joint ventures and foreign ventures. who conducts economic activities in Indonesia.

25. The World of Business is Mikro's Effort, Small Business, Medium Effort and Great Effort which conducts economic activities in Indonesia and is domiciled in Indonesia.

26. The incentive is the support of the Local Government to the investors in order to encourage the increase in capital cultivation in the Regions.

27. Ease is the provision of facilities from the Regional Government to investors to make it easier for any capital raising activities in order to encourage increased capital cultivation in the Regions.

Second Part

The destination

Article 2

The capital planting is aimed at:

a. increased Regional economic growth;

b. creating jobs;

c. enhancing sustainable economic development and environmental insight;

d. enhancing the region's business dayasaing capabilities;

e. improving capacity and technology capabilities;

f. encouraging economic development of keracyatan;

g. Cultiving a potential economy becomes a real economic power by using funds that are derived both from domestic and abroad; and

h. improving community welfare.

Third Part

Asas

Article 3

Planting of capital in the Region is organized under asas:

a. legal certainty;

b. openness;

c. accountability;

d. equal treatment and does not distinguish the source of the investors;

e. togetherness;

f. Efficient efficiency;

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g. continuous;

h. Environmental insight;

i. Independence; and

j. the balance of progress and the national economic unity.

Fourth Section

Objective

Article 4

Target capital planting in the Region, i.e.:

a. the creation of an investment climate is conducive;

b. increasing the means and infrastructure supporting the capital planting;

c. increased human resources capability;

d. increasing number of capital plants;

e. increasing the realization of capital planting;

f. optimize the potential of natural resources and other resources; and

g. the increasing potential of capital planting opportunities for the Mikro, Small, Medium, Medium and Koperative Effort.

Fifth Section

Scope Room

Section 5

The scope of the holding of capital planting, includes:

a. capital planting policy direction in the Region;

b. planning and development of capital cultivation;

c. promotion of capital cultivation;

d. services and permissions in the field of capital cultivation;

e. services of investment realization or capital planting;

f. cooperation in the field of capital planting;

g. Rights, liabilities and responsibilities;

h. incentives and ease of capital cultivation;

i. the peranation and the community and the business realm;

j. Institutional investment field;

k. capital planting information systems;

l. socialization, education and capital planting training;

m. coordination of the holding of capital planting; and

n. coaching, oversight and control.

BAB II

AUTHORITY

Article 6

Area Government Authority in the holding of capital planting, includes:

a. the drafting and determination of the development policy of Regional Capital cultivation in the form of the Regional Capital Cultivation Plan and the Regional Strategic Plan in accordance with the Provincial Regional development program, coordinating with the Government;

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b. the formulation and determination of the guidelines, coaching and supervision of provincial-scale capital cultivation development, coordinating with the Government;

c. coordination in the framework of services and the facilitation of capital planters;

d. coordination, formulation, designation and implementation of Regional policies in the field of capital cultivation, covering:

1. The preparation of a business-field plan that needs to be considered closed;

2. The preparation of a business-field plan that needs to be considered open with requirements;

3. The preparation of the business-field proposal that needs to be considered is a high priority on the provincial scale;

4. Drafting of the Regional investment map and the potential of Regional resources, composed of natural resources, institutional and human resources, including micro, small, medium, cooperative, cooperative, and large employers, based on input from the Regency/Kota; and

5. Proposals and facilitation of capital planting facilities outside of the national fiscal and non fiscal facilities are the provincial authority.

e. support, execution, submission of material proposals and facilitation of the business world cooperation in the field of capital cultivation at the provincial level;

f. support, execution, submission of material proposals and facilitation of international cooperation in the field of capital cultivation at the provincial level;

g. Assessment, formulation, and drafting of technical policy of implementation of mentoring and promotion of capital cultivation promotion at the provincial level;

h. coordination and implementation of the promotion of Regional Capital cultivation promotion both within the country and abroad involving more than one regency/Kota;

i. coordination, study, formulation and drafting of the provincial-scale promotional material;

j. The study, formulation and drafting of the layout guidelines and the implementation of a one-door integrated services plant/city management activities, based on the layout guidelines and the implementation of a one-door integrated service. capital planting specified by the Government;

k. Administration of non-licensing and non-licensing activities that are the province's authority;

b. the implementation of a single door integrated service based on the exemption or devolution of authority of the institution or agency that has the authorizing and non-licensing authority to be the provincial authority;

m. The proposed approval of the national fiscal facility, for the investment of capital of the province;

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n. Study, formulation and drafting of technical policy control management of capital cultivation in the Regions;

o. implementation of coordination in the framework of monitoring, guidance, and supervision and control of capital cultivation in the Regions with the Government and/or Government of the County/Kota;

p. Study, formulation and drafting of the development and development guidelines of the development and development of a provincial-scale capital planting information system;

q. the development and development of a capital planting information system integrated with the Government and Government Capital cultivation information systems/Kota;

r. collection and processing of data as well as conducting the study of capital planting efforts and the realization of the Regional Capital cultivation project;

s. data updates and Regional Capital cultivation information;

t. coaching and supervising the execution of the Regency/Kota;

u. coordinate the implementation of socialization activities on the policy and planning of development, foreign cooperation, promotion, licensing services, execution control, and provincial-scale capital planting information systems to the apparatus. Government, the world of business and society; and

v. the coordination and execution of education and training of provincial capital cultivation.

BAB III

DIRECTION OF POLICY

Article 7

(1) The direction of the cultivation policy The capital in the area is driving the climate of the regional venture that is conducive to reinforcement of the Regional Economic competuing and accelerating the increase in capital cultivation.

(2) The Regional Government carries out the policy of capital planting as referred to in paragraph (1), through:

a. the same treatment for the investors with regard to the interests of the Regions;

b. Ensure legal certainty, ascertaining, and security efforts for capital planters since the planning process of capital planting, execution, up to the end of the venture capital activities, as per the provisions of the laws of the law; and

c. develop and provide protection and/or capital planting opportunities to Mikro, Small, Medium, Medium and Koperative Enterprises.

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BAB IV

PLANNING AND DEVELOPMENT

Section Parts

Planning

Section 8

(1) The Local Government is compiling the General Plan of Regional Capital Cultivation And The Regional Strategic Plan in development investment.

(2) The Capital Cultivation Plan and the Strategic Plan of Capital Cultivation as referred to in paragraph (1), arranged in accordance with the National Capital Cultivation Plan, the Regional Long Term Development Plan and the Plan Regional Mid-Term Development, Regional Development Program.

(3) Annual Work Plan the field of capital cultivation in the Region refers to the General Plan of the Regional Capital Planting Area as referred to in paragraph (2).

(4) Planning as referred to in paragraph (1), (2) and (3) is exercised through a participatory capital planting planning mechanism.

Second Section

Capital Development Development

Article 9

(1) The Regional Government compiled a map of Regional Capital cultivation and resource potential as well as a means of supporting infrastructure for the development of capital cultivation in the Regions, including:

a. natural resources;

b. Supporting tools and infrastructure;

c. Institutional;

d. Human resources;

e. Micro, Small, Medium, and Koperative enterprises; and

f. other efforts.

(2) The drafting of the capital planting map and resource potential as well as the means of supporting infrastructure as referred to in paragraph (1) are executed by the Agency in accordance with the Minimal Service Standards in the field of capital planting.

(3) The cultivation map of capital and resource potential and the means of supporting infrastructure as referred to in paragraph (1) and (2) are defined by the Governor's Decision, as per the provisions of the laws.

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BAB V

PROMOTION OF CAPITAL CULTIVATION

Article 10

(1) The Regional Government organizes the promotion of capital planting through the marketing and communications systems to potential investors in the country and abroad.

(2) The promotion of capital cultivation as referred to in paragraph (1), done through:

a. guidance and consulting;

b. Analysis of capital investment (market intelligence);

c. exhibition;

d. (bussines meeting);

e. investment seminar;

f. Facilitation of investment missions; and

g. dissemination of capital planting information through print and electronic media.

(3) In the holding of capital planting promotion as referred to in paragraph (1) and (2), the Local Government provides the means and infrastructure.

(4) The promotion of capital cultivation as referred to in paragraph (1), (2) and (3) is coordinated by the Agency.

Article 11

(1) Promotion of capital planting as referred to in Article 10, is held with regard to development of Regional potential opportunities and regional economic development, national and international.

(2) The promotion of capital planting as referred to in paragraph (1), exercised independently and/or together with the Government, other Provincial Governments, the District/City Government and non-Government agencies.

BAB VI

MINISTRY AND PERMISSIONS

section ATU

Service

paragraph 1

Service scope

Article 12

The Local Government organizes the capital planting service, including:

a. Field of business;

b. modal growers;

c. form body form;

d. perizinan;

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e. Employment;

f. the location of the capital planting; and

g. One-door integrated services.

Paragraph 2

Field of Effort

Article 13

(1) All business areas or types of business open for Regional Capital cultivation, except for the field of business or the type of business being declared closed and open with the requirements, under the terms of the laws.

(2) The Local Government proposes a closed field of business and an open field of business with requirements as referred to in paragraph (1) to the Government, in accordance with the criteria and requirements of the field of business as well as the priority and the Regional interests.

(3) Criteria and requirements as referred to in paragraph (1), must meet the following provisions:

a. provide the natural and environmental protection of the environment;

b. developing Mikro, Small and Medium Enterprises, as well as Koperations;

c. oversees production and distribution;

d. improving the technology capacity; and

e. prioritizing domestic capital participation and cooperation with the enterprise entity.

paragraph 3

Capital Planner

section 14

Capital planting in the Regions is done by an individual or an enterprise entity, including:

a. Domestic growers; and

b. foreign investors.

Paragraph 4

The Form of Effort

Article 15

(1) The domestic capital planter as referred to in Article 14 of the letter is done by the legal entity, not the legal entity or the Individual business.

(2) The cultivation of foreign capital as referred to in Article 14 of the letter b, is required to form Limited Perseroan under Indonesian law and is based in the Republic of Indonesia.

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Paragraph 5

Registration and Licensing

Article 16

The capital growers are required to register capital planting, under the provisions of the laws.

Article 17

(1) The capital planter as referred to in Article 14 of which the capital planting in the Territory is required to have:

a. the principle of capital planting principle;

b. location permission;

c. Permission To Establish Building (IMB);

d. disruption permit (Hinderordonnantie/HO); and

e. attempt.

(2) The Local Government publishes a provincial-scale licensing according to the authority under the provisions of the invitational regulations.

(3) the District/City Government publishes the municipal/City-scale licensing of the City. authority under the provisions of the laws.

Paragould 6

Employment

Article 18

(1) Capital planters are required to meet the workforce needs by focusing on workforce in the Regions.

(2) Capital planters must improve the workforce competence as it is referred to in paragraph (1) through the training of work, under the provisions of the laws.

(3) In terms of investor investors employing foreign labor, concerned are required to host training and perform technology to the Regional workforce, as per the provisions of the laws.

(4) Foreign Labour as referred to in paragraph (3) is required to be accompanied by a designated Regional workforce, as per the provisions of the laws.

Paragraph 7

Capital Planting Location

Article 19

(1) The Regional Government establishes the location of capital planting as per the West Java Provincial Regional Plan.

(2) The District/City Government is setting out the location of capital planting as per the District/City District Space Plan Plan, with reference to the Provincial Regional Governance Plan.

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Second Section

Capital Cultivation Ministry

Article 20

(1) The Local Government organizes a One-Door Integrated Services area of capital planting fields, including:

a. perizinan and non-licensing in the field of capital cultivation;

b. Incentive and ease services;

c. Public complaint.

(2) Integrated Services One Door of Capital cultivation as referred to in paragraph (1), exercised by the Agency.

(3) In the implementation of a unified one door as referred to in paragraph (2) may be formed by the Technical Managing Unit of the Agency under the provisions of the laws.

BAB VII

CAPITAL PLANTING COOPERATION

Article 21

(1) The Local Government is conducting capital planting cooperation with other Provincial Governments and/or the Kabupaten/ City Government, overseas or third parties on the basis of the principle of cooperation, under the provisions of laws.

(2) Capital planting cooperation as referred to in paragraph (1), includes:

a. capital planting planning;

b. promotion of capital planting;

c. capital planting service;

d. development of capital planting;

e. capital cultivation control; and

f. other capital planting activities.

Article 22

(1) The Local Government and Government/City Government facilitate the world cooperation in the areas of local, regional and international capital cultivation.

(2) Cooperation as referred to in paragraph (1) is exercised by the Agency, including planning, promotion, service, development and other capital planting activities.

(3) Cooperation as referred to in paragraph (1) and (2) is implemented with consideration of the feasibility of planting the capital, based on:

a. Regional investment development policy review;

b. local economic development;

c. modal planting map; and

d. Regional potential.

(4) Capital planting cooperation may involve the Regional Property Agency and other enterprise entities.

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BAB VIII

RIGHT, LIABILITIES AND LIABILITIES

Section Parts

Planner Modal Rights

Section 23

Each investor is entitled to a:

a. certainty of rights, law and protection;

b. Openness of information about the areas of the business that is needed;

c. The services are fast, precise, and transparent; and

d. The services of the investment and other convenience are under the provisions of the laws

Second section

Local Government Responsibility

Section 24

(1) The Regional Government is responsible for providing assurance and protection for domestic and foreign investors, with regard to concern Regional and national interests.

(2) Warranties and protections for domestic and foreign investors as referred to in paragraph (1), include:

a. obtaining equal and fair treatment in conducting capital planting activities in the Regions;

b. obtain entitlement certainty, law and protection;

c. obtain information that is open to the field of business running;

d. obtaining service rights; and

e. Obtain an appropriate level of support for the Cloud Service.

The Third Part

The Modal Planner Oblicity

Section 25

In carrying out its business activities, the capital planter is mandatory:

a. implement a good corporate governance principle (good corporate governance);

b. carry out the corporate social and environmental responsibility (corporate social responsibility);

c. create and deliver reports on capital planting activities;

d. respect the cultural traditions of the community around the location of the capital investing activities;

e. absorb the Regional workforce;

f. improving the workforce competency in the Area through work training;

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g. hosting training and conducting technology to the workforce in the Regions, for companies that employ foreign labor;

h. Maintain local resources and raw materials;

i. Allocating funds gradually for the recovery of locations that meet the environmental eligibility standards for companies that are working on non-renewable natural resources, as per the rules of the legislation;

j. support the empowerment of Mikro, Small, Medium and Koperative Enterprises; and

k. satisfy all provisions of the laws.

Fourth section

Capital Planner Responsibility

Section 26

In carrying out its business activities, capital planters are responsible:

a. guarantee the availability of capital under the rules of the invite-invitation rules;

b. bear and resolve any liability and loss in terms of capital planting stopping, leaving and/or delivering its business activities;

c. creating a climate of healthy competition enterprises and preventing monopoly practice;

d. keeping the environment alive; and

e. ensuring the safety, health and comfort of workers.

BAB IX

INCENTIVE AND EASE

Article 27

(1) Local Government and District Government/City can provide incentives and ease to capital planters to encourage increased capital planting in accordance with the authority, conditions, and capabilities of the Regions, which is done by principle:

a. legal certainty;

b. equality;

c. transparency;

d. accountability; and

e. Effective and efficient.

(2) The granting of incentive and ease of capital cultivation as referred to in paragraph (1), at least meets any of the criteria as follows:

a. contribute to the increase in community revenue;

b. absorb much of the Regional workforce;

c. use most of the local resources and raw materials;

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d. contributing to the improvement of public services;

e. contributed to the increase in gross regional domestic product;

f. Environmental and sustainable insights;

g. including having a high priority scale;

h. including infrastructure development;

i. perform technology;

j. doing the flagship industry;

k. located in remote, trailing, border and urban areas;

l. carrying out research, development and innovation activities;

m. keeping the environment alive;

n. co-work with Mikro, Small and Medium Enterprises or Koperative; dan/or

o. industry that uses capital goods and machinery or equipment produced within the country and the perpetrators of Small and Medium Enterprises.

(3) The form of the granting of incentives as referred to by paragraph (1), may be:

a. award-giving;

b. reduction, waive or the release of the Regional Tax;

c. reduction, leniation or release of Regional Retribution;

d. Stimulant funds for the Mikro, Small, Medium and Koperating businesses; and/or

e. Provisioning of the capital for the Mikro, Small, Medium and Koperating Effort.

(4) The grant of ease as referred to in paragraph (1), is in shape:

a. provisioning of the data and capital planting information;

b. provisioning of the means and the infrastructure;

c. provision of land or location;

d. technical assistance; and/or

e.

(5) The provisions of the terms, conditions of judgment, type of effort, and the coaching and supervision of the incentive and the convenience to the investors are further regulated by the Governor's Ordinance. in accordance with the provisions of this

BAB X

PERANDAN SOCIETY AND WORLD EFFORTS

Article 28

(1) The public is active in the formation, staging, management and development of capital planting in the Regions.

(2) The role of the community actively support the creation of safe, orderly, orderly and conducive conditions in the establishment of capital cultivation in the Regions.

(3) The business is responsible for the role of raising capital in the area, as per the rules of the law. It's

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BAB XI

AGENCY COOPERATION

Article 29

The Local Government can form a capital planting cooperation agency, to support the activities program as well as the development of Regional Capital cultivation continuity and functions as a working partner of the Local Government, as per the provisions of the laws.

BAB XII

INFORMATION SYSTEMS

Article 30

(1) The Local Government builds, develops and maintains capital planting information systems, which are integrated with the Government Capital cultivation information system and The District/City Government.

(2) The Regional Government is fostering and overseeing the capital planting information system in the District/City.

(3) The capital planting information system as referred to in paragraph (1) and (2), includes:

a. data base (data base) potential and capital planting opportunities;

b. Capital planting business activities; and

c. The realization of a capital planting project.

BAB XIII

SOCIALIZATION, EDUCATION AND TRAINING

Part Parts

Socialization

Section 31

Local Government coordinate the exercise of policy socialization and planning for the development of investment in foreign and domestic investment, promotion, licensing, execution, and capital planting information systems, to society and the business world.

The Second Part

Education and Training

Article 32

The Regional Government coordinates and organizes education and training to support capital planting activities.

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BAB XIV

COORDINATION OF CAPITAL PLANTING

Article 33

(1) Local Government and District Government/City carry out coordination of capital planting policies, including:

a. Regional capital planting policy planning;

b. services and facilitation of Regional Capital cultivation;

c. promotion of capital cultivation; and

d. Capital cultivation control.

(2) Coordination of capital cultivation in the Regions as referred to in paragraph (1), exercised by the Agency.

BAB XV

COACHING, OVERSIGHT AND CONTROL

Article 34

(1) The governor carries out coaching, supervision and control of the establishment of capital planting in the Regions and County/City.

(2) Coaching, supervision and control as referred to in paragraph (1), includes:

a. inventory data inventory realization of investment and problem information and roadblocks facing investors;

b. guidance and facilitation of problem solving and roadblocks facing investors;

c. conduct supervision of the implementation of capital planting provisions and fiscal facilities as well as conduct follow-up to the deviation performed by capital growers; and

d. receive and follow up on the community complaint.

(3) Coaching, supervision and control as referred to in paragraph (1) and (2) are exercised by the Agency.

Article 35

The capital planting control objective is It is the latest in the implementation of capital cultivation, as well as the availability of regional capital cultivation data, which includes:

a. type of business field;

b. modal growers;

c. form body form;

d. perizinan;

e. capital planting time;

f. the rights, obligations and responsibilities of the capital;

g. the location of the capital planting; and

h. a one-door integrated service evaluation.

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Section 36

The results of the coaching, supervision and control data, should be made referral for the drafting of the capital planting development policy.

BAB XVI

TASK FORCE (TASK FORCE)

Article 37

(1) The Local Government can form Task Force (Task Force) in the handling of capital planting issues.

(2) Task Force (Task Force) as referred to paragraph (1) Have a key task to help resolve the problem and the obstacles to the Capital planting in the Regions.

(3) The formation of Task Force and its membership arrangements is set with the Governor's Decision.

BAB XVII

SETTLEMENT DISPUTE

Article 38

(1) In case of the event dispute in the field of capital planting, the parties first resolve it in deliberation and mufakat.

(2) In the event of a dispute settlement as referred to in paragraph (1) is not reached, the settlement of the dispute may be performed accordingly. the provisions of the laws, through:

a. non litigation, by the way:

1. arbitration; or

2. alternative dispute resolution (alternative dispute resolution); or

b. Litigation.

BAB XVIII

SANCTION

Article 39

(1) The business entity or individual effort in violation of this Regional Regulation is imposed on administrative sanctions:

a. written warning;

b. restriction of enterprise activities;

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c. freezing of venture activities and/or capital planting facilities; and/or

d. Withdrawal of business activities and/or capital planting facilities.

(2) In addition to administrative sanctions as referred to in paragraph (1), individual business or business entities may be subject to other sanctions, as per the rules of the It's

BAB XIX

TRANSITIONAL provisions

Section 40

With the provisions of this Section, the entire set of provisions regarding the existing investment of capital remain in effect, as long as unregulated in the new and non-conflicting provisions with this Regional Regulation.

Article 41

Licensing related to the issuance of the capital published before the enactment of this Regional Regulation still remains in effect, up to the end of term of permissions.

Article 42

The capital planter has had Capital planting permits, as referred to in Section 16, must adjust its activities to the provisions set forth in the Regulation of this Section.

Section 43

(1) The enforcement of the provisions as referred to in Article 20 Two (two) years from the Ordinance promulcaged.

(2) In transition to the implementation of the provisions of Article 20 as referred to by paragraph (1), the licensing of the capital plant is exercised by the Agency. Integrated Services Services, as defined by the laws.

BAB XX

CLOSING provisions

Article 44

The implementation guide of this Regional Regulation should be the slowest 1 (one) year since the County Ordinance is promulred.

Article 45

Things have not been set up in this Area Regulation as long as it is about the technical implementation, set to the Governor's Rule.

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Article 46

The rules of this section begin to apply at the date of the promultable.

So that everyone can know it, ordering the invitation of this Area Regulation with its placement in the Section Section West Java Province.

Set in Bandung

on December 16, 2011

GOVERNOR OF WEST JAVA,

AHMAD HERAVAN

It was promulred in Bandung

on the 19th December 2011

SECRETARY OF THE PROVINCE OF WEST JAVA PROVINCE,

LEX ADMIRAL

SHEET AREA OF WEST JAVA PROVINCE OF 2011 WEST OF THE PROVINCE SERIES E.

WEST JAVA GOVERNOR,

ttd

AHMAD HERAVAN

SECRETARY OF THE PROVINCE OF WEST JAVA PROVINCE,

ttd

LEX ADMIRAL

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EXPLANATION

UP

REGULATION OF WEST JAVA PROVINCE

NUMBER: 21 YEAR 2011

ABOUT

CULTIVATION OF CAPITAL

I. UMUM

The State Government aims to advance general welfare. The mandate has been outlined in Article 33 of the Basic Law of the Republic of Indonesia in 1945 and is the mandate of the constitution that underlines the establishment of all laws in the economy. The constitution mandated that national economic development should be based on the principle of democracy capable of creating the form of the sovereign economy of Indonesia. The economic development of economic development with the perpetrators of the economy was established again with the Decree of the People's Consultative Assembly of the Republic of Indonesia Number XVI of 1998 on Economic Politics in the framework of Economic Democracy, as a source of the law. Materiel. Thus, the development of capital cultivation for micro, small, medium-sized, and cooperative enterprises became part of the basic policy of capital cultivation. With regard to this, capital cultivation should be part of the national economy and be placed as an effort to increase the growth of national economies, create jobs, increase economic development. continuing, improving the capacity and capabilities of national technology, foiling economic development, and realizing the welfare of the community

in a sustainable economic system.

The implementation of the development It takes a lot of capital. Such capital may be provided by the Government, the Local Government and the wider public, especially the private parties. The economic development in which the private sector involves the cultivation of foreign and domestic capital has a very important role in economic activity. This is because capital planting is an early step in production activities. The economic growth of a country is closely linked to the investment rate of capital. To achieve a high level of economic growth is required the level of capital planting that

is high.

The aim of holding capital cultivation in the Regions can only be achieved if the support factors that inhibit the capital planting climate can be addressed, among other things through the improvement of coordination between the Government and the Regions, the creation of Efficient bureaucracy, legal certainty in the field of capital planting, high-saing economic costs, as well as a climate of business conducive to employment and the security of trying. With the improvement of the various supporting factors, it is expected that the realization of capital planting will increase by

significantly.

II. SECTION FOR SECTION

Article 1:

The term formulated in this section is intended to have a uniformity of understanding, so that it may prevent misunderstandings in the interpretation of the articles contained in this Section's Rule.

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Article 2:

The letter a:

Which is referred to as "increasing the growth of the Regional Economy" is intended for economic development that is strategic to maintain the balance and progress of the Regions.

The letter b:

referred to by "creating jobs" is the requirement of investors in meeting the workforce needs by prioring local labor, according to the competencies and needs.

The letter c:

Which is referred to as "improving sustainable and insightful economic development" is a policy related directly to the concept of sustainable economic development, such as a capital planter obligation to carry out Corporate social responsibility and corporate environment (corporate social responsibility/CSR), carry out and resolve obligations and losses in terms of unilateral discontinuation, creating a climate of healthy competition, preventing practices. Monopoly, and preserve the sustainable environment.

Letter d:

The meaning of "improving the world's world-working daycare" is an attempt to drive the region's economy towards the national economy and the global economy, as well as to anticipate a wide range of consequences for which it is not. faced with respect to international cooperation, both bilaterally, regionally and multilateral (World Trade Organization/WTO).

Letter e:

Which is referred to as "increasing capacity and technology capability" is related to capital planters ' obligations that employ foreign labor to host training and perform technology for the local workforce.

Letter f:

Which is referred to by "encouraging the development of the kerakyatan economy" is the Regional Government facilitating the creation of a partnership between the Great Effort with the Mikro, Small and Medium Effort in a variety of business areas, among other improvements dayasaing, innovation development, market expansion, and information dissemination.

Letter g:

The meaning of "cultivating a potential economy into a real economic power by using funds originating from both domestic and foreign" is accelerating the economic and national economic development, as well as the realization of a new economy. political and economic sovereignty to cultivate the potential of the Regions into real economic power, with the use of capital from inside and abroad.

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The letter h:

referred to by "improving the welfare of the community", is the goal reflected in Article 33 of the paragraph (3) of the 1945 Constitution, which states that the earth and the water and the wealth of nature are contained therein, controlled by the state and used for the enormity of the people's prosperity.

Article 3:

The letter a:

Which is referred to as "asas of legal certainty" is the principle in a legal state that lays down the laws and conditions of the rule of law-an invitation as a basis in any policy and action in the field of capital planting.

Letter b:

In question, the "asas openness" is an open principle against the right of the people to obtain true, honest, and not discriminatory information about the activities of capital planting.

The letter c:

The meaning of "asas accountability" is the principle that determines that any activity and final outcome of the raising of capital should be accounted for to the people or the people as the highest sovereign holders. country as per the provisions of the laws.

Letter d:

Which is referred to as "the same treatment principle and does not discriminate the origin of the investors" is the principle of the treatment of nondiscrimination services under the provisions of laws, whether between domestic investors. and foreign investors and the investors of one foreign country and the investors of other foreign countries.

The letter e:

The principle of "asas" is the principle that drives the role of the entire investor. together in the activities of his efforts to realize the welfare of the people.

The letter f:

The meaning of "fairness efficiency principle" is the principle underlying the implementation of capital cultivation by depanting the efficiency of justice in an effort to realize the fair, conducive, and defenseless climate of the business.

The g :

Which is referred to as "continuous asas" is an principle that is planned to attempt to progress through the development process through investment in order to ensure prosperity and progress in all aspects of life, both for the present and in the future. which will come.

Letter h:

The meaning of "environmental insight" is the principle of capital planting that is done by staying in the eye and maintaining the protection and maintenance of the environment.

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The letter I:

Which is referred to as "self-reliance asas" is an asas of capital cultivation which is carried out by staying depaning the nation's potential and the state by not shutting itself down on the entry of foreign capital for the sake of its existence. economic growth.

The letter j:

In question "asas the balance of progress and national economic unity" is the principle that seeks to maintain the economic progress of the region in the national economic unity.

Article 4:

Letter a:

The meaning of "creating a conducive investment climate" is strengthening institutional investment services, regulatory drafting and capital planters policy in the Regions, accelerating the establishment of companies and permits, increasing exports and investment, information services and investment licensing in online, as well as the synchronization and harmonization of laws.

Letter b:

Which is referred to as "improving the means and infrastructure supporting the capital planting" is providing adequate means and infrastructure such as transportation network, network and information access, land and infrastructure.

Letter c:

Incresed human resources are performed among others through education and training, as well as internship programs at large companies.

The letter c:

Pretty clear

The d:

Clear enough

Letter e:

Pretty clear

letter f:

The other resource is the parts that are in the production factors such as population, technology, basic infrastructure, area and climate.

The g:

Capital planting opportunities by giving the opportunity For Mikro, Small, Medium and Koperating Business as per the list of closed and open fields with the requirements.

Article 5:

Quite clear

Section 6:

This provision is the actualization of the Provincial Authority under Government Regulation No. 38 of 2007 on the Division of Government Affairs between Government, Provincial Local Government and the District/City Local Government. has been actionable with the Regional Regulation No. 10 of 2008 on Government Affairs of West Java Province.

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Article 7:

Verse (1):

Clear enough

Verse (2):

The letter a:

Which is referred to "the same treatment" is that the Local Government does not distinguish the treatment of the capital planters has already planted its capital in the Region, unless otherwise specified under the rules of the invite-invite rules.

The letter b:

It is pretty clear

Font c:

The development and granting of protection and/or capital planting opportunities to the Mikro, Small and Medium Business and operations are executed through the backup of the field for Mikro, Small and Medium Enterprises, as per the field of business closed and open business areas with requirements in the area of capital cultivation, the Government specified).

Article 8:

Verse (1):

Clear enough

Verse (2):

The General Plan of Capital Planting And Capital Planting Strategic Plan is subordinated to the macro planning documents that have been established in the Plan Regional Long Term Development, Regional Mid-Term Development Plan and other planning documents.

Verse (3):

Quite clear

Verse (4):

In question with the Participatory Capital Cultivation Planning is the process of drafting the policy framework through a systematic and directerized approach and a point of decline of the District/City Government aspirations and stakeholders (stakeholders), which is oriented toward improving the quality of sustainable development to improve the Regional economy.

Article 9:

Verse (1):

In question with the drafting of the Regional Capital planting map is the process of drafting a policy placement plan portfolio of capital planting in accordance with the Provincial Regional Governance Plan.

Verse (2):

Clear enough

Verse (3):

Pretty clear

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Article 10:

Verse (1):

Clear enough

Verse (2):

Clear enough

Verse (3):

The supply of means and infrastructure in the promotion of capital cultivation such as the meeting center building and exhibition (Meeting, Incentive, Convention, Exhibition/MICE).

Verse (4):

Quite clear

Article 11:

Verse (1):

Quite clear

Verse (2):

Non-Government institutions such as KADIN, Association of Employers and Other Professed associations.

Article 12:

The letter of a :

Pretty clear

letter b:

Pretty clear

letter c:

Pretty clear

font d:

Pretty clear

letter e:

Quite clear

letter f:

Which is referred to by the location of the capital planting is the location allocated by the Local Government or the District/City Government for the benefit of the investment in the Regions as per the Regional Order Plan.

The letter g:

It is quite clear

Article 13:

Verse (1):

Quite clear

Verse (2):

Clear enough

Verse (3):

Clearly enough

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Article 14:

Quite clear

Article 15:

Verse (1):

The legal entity is an enterprise entity in the form of a Limited Perseroan, State-owned Enterprises (BUMN), the Regional Proprietary Entity (BUMD), and the State of the State (BUMN), which is the legal entity of the State of the United States. Cooperatives and Foundation.

The statutory non-legal entity is the business agency Comanditaire Vennotschap (CV), the Firm (Fa), and other enterprise entities.

Verse (2):

Which is referred to by foreign investors is a foreign individual, foreign business entity and/or a foreign state government that conducts capital cultivation in the Regions.

Article 16:

The registration referred to is the registration of the foreign capital.

The registration is not available.

Article 16:

Government's initial approval as the basis of starting a capital planting plan. Capital cultivation registration consists of the registration of capital planting and enlarging the expansion of capital planting.

Article 17:

Verse (1):

The letter a:

The principle of capital planting principle is given to the capital planting company A foreign entity with a limited liability law enforcement agency and domestic investment firm, whose field of business may acquire a fiscal facility and in the implementation of capital cultivation requires fiscal facilities.

The letter b:

Enough Clearly

The Letter c:

Clearly

The d Letter:

Clearly

Letter e:

Clearly

Verse (2):

Quite clear

Verse (3):

Clear enough

Article 18:

Verse (1):

This provision is intended for the real cultivation in the Regions to absorb the Regional workforce.

Verse (2):

Pretty clear

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Verse (3):

This is intended for the transfer of technological control (transfer of technology) of the foreign workforce to the Regional workforce.

Verse (4):

Quite clear

Section 19:

Verse (1):

Clear enough

Verse (2):

Clear enough

Section 20:

Verse (1):

The letter a:

The authoring of permits is any form of consent to conduct the investment of capital issued by the Government and/or the Regional Government pursuant to authority under the provisions of the laws.

The non-licensing question is all forms of service ease, fiscal facilities and information regarding capital planting, as per the invitational rules.

The letter b:

It is pretty clear

letter c:

Clear enough

Verse (2):

Quite clear

Verse (3):

Quite clear

Article 21:

Verse (1):

Clear enough

Verse (2):

Quite clear

Section 22:

Verse (1):

Enough clear

Verse (2):

Quite clear

Verse (3):

Clear enough

Verse (4):

Clear enough

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Article 23:

Letter a:

In question the "right certainty" is the State Government's warranty for capital planters to obtain the right, as the capital planters have exercised the specified obligations.

The "legal certainty" is a guarantee. The Local Government to place the law and the provisions of the law-invitation rules as the main cornerstone in any action and policy for investors.

The "certainty of protection" is the guarantee of the Local Government. for capital planters to obtain protection in carrying out activities capital planting.

Letter b

Pretty clear

Font c

Pretty clear

letter d

Quite clear

Article 24:

paragraph (1):

Clearly

Verse (2):

Quite clear

Article 25:

Letter a:

In question "good corporate governance (good corporate governance)" is the principle that directs and controls the company in order to achieve a balance between the power and authority of the company in delivering Liability to . in particular, and average in general.

Letter b:

In question "social responsibility and corporate environment (corporate social responsibility)" is the responsibility attached to each company to continue to create a relationship that is cognate, balanced, and compatible with environment, values, norms, and culture of the local people.

The letter c:

The report of the investor activity contains the development of capital planting and the constraints facing investors, and is delivered periodically to the Coordination Board Capital Cultivation and Agency.

Letter d:

Clear enough

Font e:

The workforce that needs to be absorbed by capital planters relates to the type of expertise that is made possible to be implemented by local labor, as per the provisions of the laws.

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Letter f:

Pretty clear

font g:

Quite clear

Font h:

The resources and raw materials available in the Regions, should be utilized in the implementation of capital planters production.

Letter i:

Quite clear

letter j:

Pretty clear

letter k:

Quite clear

Article 26:

Letter a:

Quite clear

The letter b:

Quite clear

letter c:

The monopoly practice is the centralization of economic power by one or more of the business perpetrators resulting in the production of the production and/or marketing of certain goods and/or services, thus giving rise to competition. healthy and detriable to the common interest.

The letter d:

Quite clear

letter e:

Quite clear

Article 27:

Verse (1):

Clear enough

Verse (2):

Clear enough

Verse (3):

letter a:

Awards are given to investors who meet certain criteria.

The letter b:

Quite clearly

The letter c:

It is pretty clear

The letter d:

It is pretty clear

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The letter e:

Capital assistance is intended to improve Mikro, Small and Medium Effort skills that are partnered with the Great Effort.

Verse (4):

Quite clear

Verse (5):

Clear enough

Article 28:

Verse (1):

Clear enough

Verse (2):

Community support in the creation of safe, orderly, orderly and conducive conditions in the holding of capital cultivation in the Regions, among others in the form of efforts to prevent the takeover and destruction of capital planters and assets, The containment area of the facility or the ownership of investors and/or anarchist actions by other parties.

Verse (3):

Quite clear

Article 29:

The cooperation institution is an independent institution formed to develop Capital planting in the Regions.

Article 30:

Verse (1):

Which is referred to the capital planting information system, covering: (1) investment opportunities; (2) information about capital and licensing cultivation; (3) investment realization data in the Regions; and (4) investment interest data in the Regions.

Verse (2):

Clear enough

Verse (3):

The data on potential capital and data planting opportunities and the realization of moal planting projects are the latest and periodic updates.

Section 31:

Clear enough

Article 32:

The substance of Education and Training is carried out in order to develop the capacity of the capital planting apparatus and the business offender.

Article 33:

Verse (1):

It is quite clear

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Verse (2):

Quite clear

Article 34:

Verse (1):

Quite clear

Verse (2):

Quite clear

Verse (3):

Quite clear

Article 35:

Enough clear

Article 36:

Quite clear

Article 37:

Verse (1):

Clear enough

Verse (2):

Quite clear

Verse (3):

Clear enough

Section 38:

Verse (1):

Clearly

Verse (2):

Letter a:

Number 1:

In question the "settlement of disputes through arbitration" is the way of a settlement of the per-trial dispute, which is based on a written agreement by the parties disputing through the process of making the ruling by single arbitrator or assembly of the arbitrators.

Number 2:

Which is referred to as "dispute resolution alternative" is the resolution of a civil or administrative dispute, among others through the process of negotiation, mediation, and conciliation, which is governed in the Law No. 30 of 1999 on Arbitration and Alternative Settlement Disputes.

Letter b:

Pretty clear

Article 39:

Verse (1):

Clear enough

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Verse (2):

Quite clear

Article 40:

It is intended to provide a guarantee of legal certainty to the licensing owner.

Article 41:

reasonably clear

Section 42:

These provisions are intended to provide a guarantee of the legal provisions of the regulations of the Regional Regulations, and other discontents are mandatory for the Local Government to immediately establish the direction of the implementation of the Regional Regulations.

Article 43:

Verse (1):

Clear enough

Verse (2):

Clear enough

Article 44:

These provisions are intended to guarantee legal certainty that the time span between the Regional Regulations with its Guidance is not too long.

Article 45:

Things that have not been sufficiently set up, will be set more further with the Governor's Peratiuran that is the mandatory of this Regional Regulation.

Article 46:

Quite clear

ADDITIONAL SHEET AREA OF WEST JAVA PROVINCE NUMBER 113.

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