Aspek Hukum Kontrak Pada Perusahaan Joint Venture (Studi Terhadap Perusahaan Penanaman Modal Asing Di Sumatera Utara)
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To mobilize the development in economy, the Government has determined the forms of coporation between national and foreign capital. One of them is a joint venture. This integration joint venture company Ltd. is based on the presence of contract or agreement among the national and foreign investor for foreign investment in Indonesia. It is the contract made by these investors to be called as a joint venture contract. It is the contract or agreement in Indonesia should be subjected to the Book III KUH Perdata (Civil Law) of binding. While the building of any joint venture corporation requires enclosures issued by the Government as operational requirement of the company. This study takes 20 samples of foreign investment company on North Sumatera Province and it uses questionary as a collecting tool of data. From the research which can be completed, it can be drawn some conclusions as, that in practice, in determining the volume of agreement or contract among the national and foreign investors, the freedoms of investor not anly rely in their considerations, but also should be subjected to the law and other government regulation related to the foreign capital investment in Indonesia. In North Sumatera Province, the existed joint ventures have to base on the capital integrations with the compositions of shareholder in ratio od foreign majority of 65% and foreign minority of 10%, while the composition in ratio of both 50% consists of 10% and the compositions in ratio of 49% to 51% consists of 15%. These conditions show that national investors are in hard positions for determination of policy provided that their rights are determinde by the vote in the general meeting of shareholders.