| Summary: | This paper aims to discuss the legal aspects of venture capital businesses in Indonesia as an alternative financing instrument in assisting the capital aspect for businesses to develop the corporation through venture capital. The results of the research in this paper are that in establishing and operating a company, it requires capital, one of which is through alternative financing, namely venture capital. The legal aspects of venture capital in legal regulations and policies are needed to support the corporation, neither the corporation founded by the State and by private parties, but the regulations and legal policies of venture capital are still unable to provide adequate legal protection. Therefore, to strengthen the legal protection of venture capital businesses, the government must be supported as a regulator and facilitators and community businesses which that venture capital can develop better so that not only large companies, but also small firms and medium can be helped by the growth of venture capital.
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