Deed Of Sale Of Shares Template for Indonesia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Sale Of Shares

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Sale Of Shares

"I need a Deed of Sale of Shares for transferring 60% of shares in my Indonesian manufacturing company (PT Sentosa Makmur) to a local buyer, with payment to be made in three installments by March 2025."

Document background
The Deed of Sale of Shares is a crucial legal document in Indonesian corporate transactions, required whenever ownership of shares in an Indonesian company is transferred between parties. This document must be executed before an Indonesian notary public to be legally valid and is governed by Law No. 40 of 2007 on Limited Liability Companies, along with other relevant regulations. It is used in various contexts, from simple transfers between local parties to complex international transactions involving foreign investors. The deed contains essential information about the shares being transferred, payment terms, warranties, and representations, while ensuring compliance with Indonesian investment restrictions and regulatory requirements. It serves as the primary evidence of share ownership transfer and is necessary for updating corporate records and obtaining regulatory approvals where required.
Suggested Sections

1. Parties: Identification of the Seller(s) and Buyer(s), including complete legal names, addresses, and identification numbers as required by Indonesian law

2. Background: Context of the transaction, including details about the company whose shares are being sold and the current ownership structure

3. Definitions: Key terms used throughout the deed, ensuring clarity and consistent interpretation

4. Object of Sale and Purchase: Detailed description of the shares being sold, including quantity, class, and nominal value

5. Purchase Price: Agreed price for the shares and payment mechanisms

6. Terms of Payment: Payment schedule, method, and currency of payment

7. Completion: Requirements and procedures for completing the transfer of shares

8. Seller's Warranties: Representations and warranties regarding ownership, authority to sell, and status of the shares

9. Company Warranties: Representations about the company's legal status, financial condition, and compliance

10. Buyer's Warranties: Representations regarding authority to purchase and compliance with relevant laws

11. Transfer of Rights: Legal mechanism for transferring ownership and updating the company's share register

12. Governing Law: Specification of Indonesian law as the governing law

13. Dispute Resolution: Procedures for resolving disputes, typically specifying Indonesian courts or arbitration

14. Notices: Process for formal communications between parties

15. Execution: Formal execution clause meeting Indonesian notarial requirements

Optional Sections

1. Non-Competition: Restrictions on seller's future business activities, used when protecting company's business interests is crucial

2. Conditions Precedent: Specific conditions that must be met before completion, used for complex transactions or regulatory requirements

3. Tax Provisions: Detailed tax arrangements and responsibilities, used when specific tax implications need to be addressed

4. Transitional Services: Arrangements for post-sale support or services, used when seller's continued involvement is needed

5. Foreign Investment Compliance: Additional provisions for foreign buyers to ensure compliance with Indonesian investment laws

6. Employee Matters: Provisions regarding key employees or management, used when personnel retention is crucial

7. Confidentiality: Additional confidentiality obligations, used for sensitive transactions

8. Break Fee: Penalties for transaction failure, used in high-value or complex transactions

Suggested Schedules

1. Share Details: Detailed description of shares including share certificates numbers and dates of issue

2. Company Information: Key corporate information including registration details, licenses, and permits

3. Disclosed Matters: List of disclosed issues affecting warranties or representations

4. Payment Schedule: Detailed payment terms and installment schedule if applicable

5. Corporate Approvals: Copies of relevant corporate approvals and resolutions

6. Encumbrances: List of any existing encumbrances on the shares

7. Required Regulatory Approvals: List of regulatory approvals required for the transaction

8. Form of Transfer Instruments: Templates for share transfer forms and other required documentation

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

Manufacturing

Technology

Real Estate

Mining

Agriculture

Retail

Healthcare

Education

Infrastructure

Energy

Telecommunications

Transportation

Consumer Goods

Professional Services

Relevant Teams

Legal

Finance

Corporate Secretarial

Compliance

Risk Management

Investment

Corporate Governance

Mergers & Acquisitions

Business Development

Executive Management

Treasury

Regulatory Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Director

Corporate Secretary

Investment Manager

Compliance Officer

General Counsel

Finance Director

Managing Director

Board Member

Corporate Lawyer

Financial Controller

Investment Analyst

Risk Manager

Company Director

Business Development Manager

M&A 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

Find the exact document you need

Deed Of Sale Corporation

An Indonesian law-governed deed that formalizes the sale and transfer of ownership of a corporation, executed before an Indonesian notary public.

find out more

Deed Of Sale For Car Vehicle

An Indonesian law-governed deed that documents and legalizes the sale and transfer of ownership of a motor vehicle between parties.

find out more

Tax Lien Certificate Sale

An Indonesian law-governed agreement for the sale and transfer of tax lien certificates from tax authorities to investors, outlining terms, conditions, and enforcement rights.

find out more

Deed Of Sale Automobile

An Indonesian law-compliant document formalizing the sale and transfer of ownership of a motor vehicle, including all necessary local registration requirements.

find out more

Tax Certificate Sale

An agreement governing the sale and transfer of tax certificates under Indonesian law, including regulatory compliance requirements and transfer mechanics.

find out more

Deed Of Sale Of Shares

An Indonesian notarial deed documenting the legal transfer of company shares between parties, executed in compliance with Indonesian corporate law.

find out more

Land Sale Deed

An Indonesian legal document executed before a Land Deed Official (PPAT) to transfer land ownership rights from seller to buyer.

find out more

Deed Of Sale With Special Power Of Attorney

An Indonesian legal document combining a property sale agreement with special power of attorney, executed before a notary public for property transfers and related authorizations.

find out more

Deed Of Sale Ebike

An Indonesian law-compliant deed of sale document for transferring ownership of an electric bicycle, detailing terms, specifications, and warranties.

find out more

Certificate Of Deed Of Sale

An Indonesian legal document executed before a Land Deed Official (PPAT) that formally records and validates property ownership transfer from seller to buyer, essential for property transactions in Indonesia.

find out more

Bargain Sale Deed

An Indonesian legal document for transferring property ownership at below market value, executed before a Land Deed Official (PPAT) and complying with Indonesian property law requirements.

find out more

Land Purchase Deed

An official deed under Indonesian law that documents and legalizes the transfer of land ownership rights between parties, executed before a Land Deed Official (PPAT).

find out more

Deed Of Sale Of Real Property

An Indonesian notarial deed that legally transfers real property ownership from seller to buyer, prepared in compliance with Indonesian property law.

find out more

Deed Of Sale

An Indonesian legal document executed before a notary public that formalizes the transfer of property ownership from seller to buyer, complying with Indonesian property law requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.