Payment Terms Legislation In Indonesia
Please see below for a summary of payment terms in Indonesia and the various industries across which payment term legislation appears. You can also download a summary of all Indonesian payment terms by clicking the button below.
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.
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