Document background
The Standard Contract of Sale is a fundamental commercial document used in Indonesian business transactions for the sale and purchase of goods. This template is designed to comply with Indonesian law, particularly the Civil Code (Kitab Undang-Undang Hukum Perdata) and Law No. 7 of 2014 on Trade. It is typically used when businesses or individuals need to formalize the transfer of goods in exchange for payment, whether for single transactions or ongoing commercial relationships. The document covers essential elements required under Indonesian law, including clear identification of parties, precise description of goods, pricing structures, delivery terms, and warranty provisions. It includes both mandatory clauses required by Indonesian regulations and customary commercial terms that protect both parties' interests. The Standard Contract of Sale can be adapted for various industries and transaction types while maintaining compliance with Indonesian legal requirements, including the mandatory use of Bahasa Indonesia for contracts involving Indonesian parties.
