Jogja Law Office – Investment Agreement is one of the important aspects in carrying out business activities in Indonesia. Moreover, investors who are abroad must get legal protection in carrying out business together with business actors in Indonesia. In principle, the legal aspect that must be considered in making an investment agreement is to still refer to the provisions of the Civil Code, namely in Article 1338. – Jogja Lawyer’s Office / Jogja Law Office
In drafting and implementing an agreement, it must be considered first about what clauses must be considered such as the term of the agreement, profit sharing, the rights and obligations of the parties who implement the agreement and the most important thing is about the relative authority of which Court will be used if a dispute arises in the agreement made. – Lawyer Jogja / Jogja Law Office / Lawyer Jogja
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For foreign investors, if they are going to carry out an investment agreement with a local business actor, they must pay attention to whether to implement the agreement with an Individual or with a Limited Liability Company (PT) because in the Investment Law it is required for Foreign Investors to invest the capital and establish cooperation with a Limited Liability Company (PT).
In addition, the Agreement should be made based on the agreement of both parties and each must clearly outline the rights and obligations of both parties. This aims to ensure that there is no broad interpretation that raises new problems in the agreements made. – Investment Agreement / Drafting Contracts / Lawyer
Legal steps that can be taken if there are problems in carrying out an investment agreement are to take legal remedies through a lawsuit in Court with a Default Lawsuit. As referred to in civil law, default is when one of the parties is unable to carry out its obligations, carries out its obligations but partially, carries out its obligations but is not carried out according to the specified time or carries out its obligations but not in accordance with what is agreed. – Investment Agreement / Lawyer / Jogja Lawyer Office / Jogja Law Office
In the investment agreement, both parties can also include provisions for loss or interest if one of them violates the investment agreement and can add a state of forgiveness, namely in the event of a force majeure situation such as natural disasters and other things that occur beyond the limits of human ability in general. – HMP & Associates Law Office
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