Document background
The Business Broker NDA is essential for protecting confidential information exchanged during business sale transactions in Indonesia. This document becomes necessary when a business broker begins engaging with potential buyers or sellers, requiring access to sensitive business information. The agreement ensures compliance with Indonesian legal requirements, particularly the Trade Secrets Law (UU No. 30 Tahun 2000) and relevant commercial regulations. It specifically addresses the unique position of business brokers who must balance their obligations to both sellers and potential buyers while maintaining strict confidentiality. The document typically precedes any detailed business discussions or due diligence processes and remains active throughout the entire transaction period and beyond.
