In the current era of globalization, the interaction between business actors is not only in one country but can be with various countries. In the previous post, the Meaningful Position of a Notary in International Business Contracts part I, we discussed International Law on international business which is related to what clauses must be considered in making a contract, most importantly considering that currently there is a large-scale transfer The amount that currently we who are still adhering to civil law seems to be demanded to change into a common law concept. Where the concept of the contract so very changed. As the most important legal practitioner, especially notaries, what is the method of dealing with it?
Before discussing the above case further, it is better if we know in advance what is the difference between an onshore company and an offshore company?
Onshore company is a term used to refer to areas ranging from the shoreline to the mainland. Onshore can be from a foreign industry that has an industry in Indonesia because we know that in Indonesia, if you want to invest, you must set up an industry in Indonesia so that the transactions you are trying even if the owner is a business actor from outside the country. On the other hand, offshore is a term used to refer to an area located on the high seas, far from the shoreline of the sea. Generally, this offshore shows that he is from outside the country because there … Read More
