INKRAH Law · Indonesia · Hukum Perusahaan

State-Owned Enterprises

Badan Usaha Milik Negara (BUMN)

Undang-Undang No. 19 Tahun 2003

UU No. 19 Tahun 2003.

Official source / JDIH →

Bahasa Indonesia

Key Subject Matter

Mengatur maksud dan tujuan, bentuk (Persero dan Perum), pendirian, pengurusan dan pengawasan, restrukturisasi dan privatisasi, serta tata kelola Badan Usaha Milik Negara.

English (British)

Key Subject Matter

Governs the purposes, forms (Persero and Perum), establishment, management and supervision, restructuring and privatisation, and governance of state-owned enterprises.

INKRAH Note

It is the basis for managing state-owned enterprises; read together with the Companies Law and the State Finances Law.

Disclaimer: INKRAH Law reproduces the text of legislation for information and educational purposes only, and covers solely statutes made by the legislative and executive branches. The text may contain typographical or translation errors; always verify its authenticity and official version at the JDIH (official legal-documentation portal) of the relevant executive or legislative institution. To confirm whether a regulation is still in force, please visit the relevant institution's official website, and take note of any judicial review granted by the Supreme Court (MA) or the Constitutional Court (MK). English and other foreign translations here are unofficial.
Official source / JDIH →

Article by Article

Ketentuan Umum

Article 1 — Definition of a State-Owned Enterprise

Bahasa Indonesia

Badan Usaha Milik Negara, yang selanjutnya disebut BUMN, adalah badan usaha yang seluruh atau sebagian besar modalnya dimiliki oleh negara melalui penyertaan secara langsung yang berasal dari kekayaan negara yang dipisahkan.

English (British)

A state-owned enterprise (BUMN) is a business entity whose capital is wholly or largely owned by the State through direct participation sourced from segregated state assets.

Maksud & Tujuan

Article 2 — Purposes of Establishment

Bahasa Indonesia

(1) Maksud dan tujuan pendirian BUMN adalah: a. memberikan sumbangan bagi perkembangan perekonomian nasional dan penerimaan negara; b. mengejar keuntungan; c. menyelenggarakan kemanfaatan umum berupa penyediaan barang dan/atau jasa yang bermutu tinggi bagi pemenuhan hajat hidup orang banyak; d. menjadi perintis kegiatan usaha yang belum dapat dilaksanakan oleh sektor swasta dan koperasi; dan e. turut aktif memberikan bimbingan dan bantuan kepada pengusaha golongan ekonomi lemah, koperasi, dan masyarakat.

English (British)

(1) The purposes of establishing a BUMN are: a. to contribute to national economic development and state revenue; b. to pursue profit; c. to provide public benefit through high-quality goods and/or services for the needs of the many; d. to pioneer business activities not yet undertaken by the private sector and cooperatives; and e. to actively guide and assist economically weak entrepreneurs, cooperatives and society.

Bentuk

Article 9 — Forms of a BUMN

Bahasa Indonesia

BUMN terdiri dari Persero dan Perum.

English (British)

A BUMN consists of the Persero (limited-liability company form) and the Perum (public corporation form).

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