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As part of the Asian Business Law Institute’s (ABLI) Contracts Project, SSEK Law Firm partner Fransiscus Rodyanto and associate Putri Miqaila Ameena discuss issues concerning the identification of parties under commercial contracts and the execution of such contracts in Indonesia.
Do you know that it is not possible to differentiate between a domestic limited liability company and a limited liability company with foreign investment in Indonesia simply by referring to the parties section of a contract?
Do you also know that Indonesian law requires all contracts that involve an Indonesian party be made in the local language?
Read more about Party Identification and Execution of Contracts in Indonesia.
Earlier collections of the ABLI Contracts Project examined indemnity and liquidated damages clauses, contractual breach and remedy, interpretation of contracts, administrative and tax requirements of contracts, and choice-of-law and choice-of-forum clauses in commercial contracts.
Find out more here.