Business Advisory Agreement Template for Indonesia

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Key Requirements PROMPT example:

Business Advisory Agreement

"I need a Business Advisory Agreement for my tech startup in Jakarta to engage a strategic consultant for a 12-month digital transformation project starting March 2025, with specific provisions for protecting our intellectual property and data."

Document background
The Business Advisory Agreement serves as a crucial legal framework for professional advisory relationships in Indonesia, typically used when a company or organization seeks external expertise for business strategy, operations, or development. This document is essential for both domestic and international advisory relationships within Indonesian jurisdiction, ensuring compliance with local regulations including the Indonesian Civil Code, Investment Law, and relevant Ministry of Trade regulations. The agreement comprehensively covers service scope, payment terms, confidentiality, intellectual property rights, and regulatory compliance, while providing necessary protections for both advisor and client. It's particularly important given Indonesia's specific requirements for business consulting services and the need for clear delineation of responsibilities in professional advisory relationships.
Suggested Sections

1. Parties: Identification of the advisor and client with complete legal names and addresses

2. Background: Recitals explaining the context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope of Services: Description of the advisor's appointment and detailed scope of advisory services

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Fees and Payment Terms: Advisory fees, payment schedule, expenses, and invoicing procedures

7. Obligations of the Advisor: Key responsibilities and commitments of the advisor

8. Obligations of the Client: Key responsibilities and commitments of the client

9. Representations and Warranties: Standard assertions about capacity and authority to enter agreement

10. Confidentiality: Protection of confidential information and trade secrets

11. Intellectual Property: Ownership and usage rights of materials and deliverables

12. Limitation of Liability: Caps on liability and exclusions of certain types of damages

13. Indemnification: Mutual or one-way indemnification obligations

14. Force Majeure: Provisions for unforeseen circumstances preventing performance

15. Governing Law and Dispute Resolution: Choice of Indonesian law and dispute resolution mechanisms

16. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Language Requirements: Required when agreement is bilingual, specifying Indonesian version prevails

2. Regulatory Compliance: Specific section for heavily regulated industries or when dealing with government entities

3. Anti-Bribery and Corruption: Detailed provisions for international companies or when working with government entities

4. Data Protection: Detailed section when personal or sensitive data processing is involved

5. Non-Competition: Restrictions on advisor's activities with competitors, if applicable

6. Insurance: Insurance requirements when high-risk advisory services are provided

7. Performance Metrics: Specific KPIs or performance standards when measurable outcomes are required

8. Currency and Tax Provisions: Detailed provisions when international payments are involved

Suggested Schedules

1. Schedule A - Scope of Services: Detailed description of advisory services, deliverables, and timelines

2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, and payment terms

3. Schedule C - Key Personnel: List of key team members and their roles in providing the services

4. Schedule D - Service Levels: Performance standards and service level requirements if applicable

5. Schedule E - Compliance Requirements: Specific regulatory or industry compliance requirements

6. Appendix 1 - Required Forms: Standard forms for reporting, invoicing, or service requests

7. Appendix 2 - Client Policies: Relevant client policies that advisor must comply with

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Technology

Manufacturing

Energy

Natural Resources

Real Estate

Healthcare

Retail

Telecommunications

Infrastructure

Agriculture

Education

Professional Services

Tourism

Transportation

E-commerce

Relevant Teams

Legal

Finance

Procurement

Corporate Strategy

Operations

Risk Management

Compliance

Business Development

Project Management

Executive Leadership

Contract Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Business Development Manager

Procurement Manager

Corporate Strategy Director

Operations Director

Management Consultant

Business Advisor

Contract Manager

Risk Manager

Compliance Officer

General Counsel

Finance Director

Project Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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