Document background
The Broker Non Circumvention Agreement is essential in the Indonesian business landscape where intermediaries play a crucial role in facilitating commercial transactions. This document is typically used when a broker or business intermediary introduces parties for potential business dealings and needs to protect their interests and right to commission. It becomes particularly relevant in international trade, real estate, and investment sectors where direct relationships between introduced parties could potentially bypass the broker's role. The agreement, structured in compliance with Indonesian law, including the Civil Code (KUH Perdata) and relevant trade regulations, provides specific protections against circumvention, defines confidentiality obligations, and establishes clear commission structures. It's commonly implemented before sharing sensitive business information or making introductions to protected relationships.
