Document background
The Simple Purchase Agreement is a fundamental commercial document used in Indonesian business transactions for the straightforward purchase and sale of goods. It is particularly suitable for one-time purchases or regular supply arrangements where the terms are relatively straightforward. The agreement is drafted in compliance with Indonesian law, particularly the Civil Code (KUHPerdata) and Trade Law, and must specify prices in Indonesian Rupiah as per local regulations. This document type is commonly used when parties need a clear but uncomplicated agreement that covers essential elements such as product details, pricing, payment terms, delivery arrangements, and basic warranties, while providing sufficient legal protection for both parties. It's especially useful for small to medium-sized transactions where a more complex agreement would be unnecessary.
