Promissory Note — Indonesia
LexiForm Indonesia Legal Review Team
Reviews and maintains Indonesia document templates and jurisdiction data for accuracy against current statute text.
Last reviewed 2026-06-01
| Governing law reference | Law No. 30 of 2000 on Trade Secrets |
| Local enforcement body | Directorate General of Intellectual Property (DGIP) / civil and criminal courts |
| Average legal fee range | Rp1,500,000–Rp4,000,000/hrpending legal review |
| Compliance requirement | Should specify whether the note is secured or unsecured and include clear default and acceleration terms. |
| Penalty for violation | An improperly drafted promissory note may be unenforceable as a negotiable instrument, limiting the holder's remedies.pending legal review |
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