Franchising in Indonesia
Economy
Indonesia has the world's 18th largest economy based on GDP
figures. Indonesia reported substantially higher growth figures
during the recession than its G20 counterparts.
Legislation
Law No. 42 of 2007 dated 23 July 2007 on Franchising (Regulation
No. 42), its implementing regulation, Regulation of the Minister of
Trade No. 31/M-DAG/PER/8/2008 dated 21 August 2008 on
Implementation of Franchising (Regulation No. 31), and Decree of
the Director General of Domestic Trade No. 138/PDN/KEP/10/2008
dated 31 October 2008 on the Technical Guidelines for the
Implementation of Franchising (Decree No. 138), all impact upon and
regulate franchising in Indonesia.
Franchise Market
The Indonesian franchise industry has grown considerably in the
last forty (40) years. The Indonesian franchise market is dominated
mostly by American franchises however, there are a large number of
local franchise businesses.
The most popular and quickly growing franchise sectors are food
and beverages, education concepts, retail and business
services.
Franchise Legislation
- Prior to selling a franchise in Indonesia the franchisor must
have successfully been in business for five (5) years; the business
must still be in operation and must still be profitable.
- The franchisor must register information relating to the
franchise agreement; the franchisor's current business affairs,
proposed technical assistance and proof of the identity of the
franchisor, with the Ministry of Industry and Trade (MOIT).
- A successful registration of the franchise agreement with the
MOIT will result in the issuance of a Franchise Business
Registration Certificate. (The registration must be within thirty
(30) days, starting from the effective date of the franchise
agreement; failure to comply could result in revocation of the
Franchise Business Registration Certificate).
- A franchisor must provide a prospectus disclosing its business
data and relevant information to the franchisee at least two (2)
weeks before the execution of the franchise agreement.
Conclusion
There are stringent regulations governing franchising law and
agreements, in light of this, prospective franchisors considering
entering the Indonesian franchise market should seek specialist
legal advice to ensure effective compliance and enforceability of
their agreements.