Payment Terms Legislation In Indonesia

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Indonesia

Please scroll down for a summary of payment terms in Indonesia and the various industries across which payment term legislation appears.

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Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

Regulation 53 12/2008 on Traditional Market Organization and development guidelines, shopping centre and modern store, requires retailers to pay business suppliers and SMEs in cash for goods up to ten million rupiah and within 15 days for all other goods.

Comm_terms_law Retail_agriculture
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