| Summary: | Law No. 11, 2020 concerning Job Creation was enacted with the objectives to increase the business climate and to open as many as possible job opportunity. In the regulation, it is recognized a new form of company that is individual company of micro and small business. This business can be founded by an individual who owns the company’s shares. It certainly raised questions considering that limited company and the small business are two different things. This writing will discuss about the potential conflict of interest and violation of the principle of accountability in managing an individual company. The method used in this research was juridical normative with statute and conceptual approaches. The research specification was descriptive analytical. The research found that the Job Creation Act stipulation on the establishment of individual small business as an individual company is incorrect. When a particular company can be established by an individual who owns all the shares, it can create a huge conflict of interest. It surely can make the company so untransparent that the decisions made by the organ of the company to be subjective. In addition, it can make the organ of the company difficult in carrying out its duties in accordance with its duties and responsibilities.
Keywords: Omnibus Law, Individual Company
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