Company Transfer Letter Template for Indonesia

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Key Requirements PROMPT example:

Company Transfer Letter

"I need a Company Transfer Letter for transferring my manufacturing business in Jakarta to a multinational corporation, including all assets and 125 employees, with the transfer to be effective from March 15, 2025."

Document background
The Company Transfer Letter is a vital legal document used in Indonesian corporate transactions to formalize the transfer of company ownership, assets, or shares. It is primarily utilized during corporate restructuring, mergers and acquisitions, or when implementing significant changes in company ownership structure. The document must adhere to Indonesian legal requirements, particularly the Company Law No. 40 of 2007 and related regulations. A Company Transfer Letter typically includes crucial details such as the identities of both transferor and transferee, specific assets or shares being transferred, transfer value, and relevant terms and conditions. It serves as official documentation for regulatory bodies, including the Ministry of Law and Human Rights, and forms part of the company's essential legal records. The document is particularly important in Indonesia's business environment, where formal documentation and proper legal procedures are strictly required for corporate transactions.
Suggested Sections

1. Letter Header: Complete company letterhead, date, reference number, and formal addressing to the recipient

2. Subject Line: Clear indication that this is a Company Transfer Letter (Surat Pengalihan Perusahaan)

3. Opening Statement: Formal introduction and reference to any previous agreements or discussions regarding the transfer

4. Transfer Details: Specific details of what is being transferred (shares, assets, or entire business), including the effective date of transfer

5. Current Company Information: Details of the current company structure, registration numbers, and relevant licenses

6. New Owner Information: Complete details of the transferee, including registration numbers for corporate entities or ID details for individuals

7. Transfer Value: Statement of the agreed transfer value or consideration

8. Legal Declarations: Statements confirming legal compliance and authority to execute the transfer

9. Closing Statement: Formal closing including contact information for further communication

10. Signatures: Space for authorized signatures, company stamps, and witness signatures as required

Optional Sections

1. Employee Transfer Statement: Include when the transfer involves the movement of employees to a new entity

2. Asset List Reference: Required when specific assets are being transferred rather than the entire company

3. Condition Precedents: Include when the transfer is subject to specific conditions being met

4. Transition Period Details: Add when there is a planned transition period for the transfer

5. Regulatory Approval Reference: Include when the transfer requires specific regulatory approvals

Suggested Schedules

1. Company Registration Documents: Copies of current company registration certificates and licenses

2. Asset Register: Detailed list of assets included in the transfer, if applicable

3. Share Transfer Forms: Official share transfer documentation if the transfer involves share ownership

4. Authorization Documents: Board resolutions or power of attorney authorizing the transfer

5. Employee List: List of employees affected by the transfer, if applicable

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 Industries

Manufacturing

Technology

Financial Services

Retail

Real Estate

Construction

Healthcare

Education

Transportation

Energy

Mining

Agriculture

Professional Services

Telecommunications

Hospitality

Relevant Teams

Legal

Corporate Secretariat

Compliance

Finance

Risk Management

Administrative

Executive Leadership

Corporate Governance

Business Development

Mergers and Acquisitions

Relevant Roles

Chief Executive Officer

Managing Director

Legal Director

Corporate Secretary

Chief Financial Officer

Compliance Officer

General Counsel

Board Member

Company Director

Legal Manager

Corporate Lawyer

Business Development Manager

Risk Manager

Administrative Director

Company Registrar

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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