Indonesia:
Limitation on Franchise Outlets Ownership
25 February 2013
Makarim & Taira S.
To print this article, all you need is to be registered or login on Mondaq.com.
Further to the issuance of Regulation No. 53/M-DAG.PER/8/2012 on
Organizing a Franchise Business, the Ministry of Trade issued
Regulation No. 68/MM-DAG/PER/10/2012 on Retail Shop Business
Franchises ("Regulation No. 68"). Under
Regulation No. 68, ownership of company-owned outlets is limited to
150 outlets. Exemptions are given for a franchisor and a franchisee
that owns 150 outlets but have not yet earned profits as evidenced
by audited financial statements and where a franchisor wishing to
expand its outlets in local area outside Jakarta, is unable to find
a local business entrepreneur which can be a franchisee, based on
an evaluation from an Appraisal Team.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from Indonesia
Consequential Loss: The Approach In NSW
Vincent Young
Hadley & Anor v Baxendale & Ors [1854] EWHC J70 (Hadley v Baxendale) was a landmark decision in English law defining the classification of different types of loss.
Law Of Digital Signatures In India
Vaish Associates Advocates
A digital signature is a cryptographic technique used to validate the authenticity and integrity of digital messages, documents, or software.
Personal Liability Of Administrators
Vincent Young
The personal liability arising under Division 9 of Part 5.3 A of the Corporations Act 2001 (Cth) (Act) often provides one of the greatest risks facing administrators...