Foreign Capital Ownership on the Distribution Business
“Distribution activity can also be performed by various parties, including distributor, agent, wholesaler, and even retailer. It should be particularly noted, especially by foreign capital investment, as each might have different permits and requirements despite being similar.” Business Actors of Distribution According to Government Regulation Number 29 of 2021 on Organization of the Trade Sector (“PP No. 29/2021”), distribution is the activity of circulating products either directly or indirectly to
