Document background
The Joint Venture And Shareholders Agreement is a crucial document used when two or more parties wish to establish and operate a business venture together in Indonesia. It serves as both the founding document of the joint venture and the ongoing governance framework for shareholder relationships. This document is particularly important in the Indonesian context due to specific regulatory requirements for foreign investment, mandatory local shareholding in certain sectors, and corporate governance requirements under Indonesian Company Law. The agreement must comply with various regulations including the Investment Law, Company Law, and sector-specific regulations. It typically includes detailed provisions on capital structure, management control, technology transfer, intellectual property rights, and exit mechanisms, while ensuring alignment with Indonesia's foreign investment policies and local content requirements.
