Document background
The Sole Proprietor Workers Comp Waiver is a crucial document in the Indonesian business landscape, particularly relevant under the BPJS Ketenagakerjaan framework. This document becomes necessary when sole proprietors wish to opt out of mandatory workers' compensation coverage, often due to having alternative insurance arrangements or operating in low-risk business environments. The waiver must comply with Law No. 24 of 2011 and related regulations governing social security in Indonesia. It contains detailed information about the sole proprietor's business, explicit acknowledgment of risks, and confirmation of understanding the implications of waiving coverage. This document is particularly important for sole proprietors who contract with larger organizations or participate in government projects where clear documentation of insurance status is required.
