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The Company Tenancy Agreement serves as a vital legal instrument for commercial property leasing in Indonesia, essential for businesses seeking to establish or expand their physical presence in the country. This document is specifically designed to comply with Indonesian property law, commercial regulations, and local building codes while protecting both landlord and tenant interests. It details crucial aspects such as rental terms, maintenance obligations, permitted use, and service charges, incorporating necessary provisions from the Indonesian Civil Code and relevant property legislation. The agreement is particularly important for foreign companies entering the Indonesian market, as it must address specific requirements for foreign business operations in commercial properties.

1. Parties: Identification of the landlord and tenant with complete legal names, registration numbers, and addresses

2. Background: Context of the agreement including property description and intended use

3. Definitions: Definitions of key terms used throughout the agreement

4. Demise: Specific details of the property being leased and any included facilities or equipment

5. Term: Duration of the lease, commencement date, and any option periods

6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and review mechanisms

7. Service Charges: Additional charges for building services, utilities, and maintenance

8. Use of Premises: Permitted use of the property and any restrictions

9. Tenant's Covenants: Tenant's obligations including maintenance, repairs, alterations, and compliance with regulations

10. Landlord's Covenants: Landlord's obligations including property maintenance and provision of services

11. Insurance: Required insurance coverage for both parties

12. Assignment and Subletting: Restrictions and conditions for transferring or sharing the premises

13. Default and Remedies: Consequences of breach and available remedies

14. Termination: Grounds for termination and procedure

15. Governing Law: Confirmation of Indonesian law application and jurisdiction

16. Notices: Process for formal communications between parties

17. Entire Agreement: Integration clause and relationship to prior agreements