Document background
This No Liabilities Agreement is designed for use in Indonesian business contexts where parties wish to clearly define and limit their liability exposure while maintaining compliance with local law. The document is particularly relevant when engaging in activities with inherent risks or when establishing business relationships where traditional liability frameworks need modification. It incorporates essential elements required under the Indonesian Civil Code (KUHPerdata), including provisions that cannot be waived under Indonesian law, while allowing parties to structure their risk allocation effectively. The agreement is commonly used in various sectors from events and entertainment to professional services, and includes specific provisions for insurance, risk assessment, and compliance with Indonesian regulatory requirements.
