A disclosure agreement, or non-disclosure agreement (NDA), is a legal contract that protects confidential information shared between parties. In Indonesia, a disclosure agreement is commonly referred to as perjanjian kerahasiaan or PK.
PK is essential in securing confidential information from being leaked or shared with unauthorized individuals or entities. It is commonly used by businesses, organizations, and individuals who need to share sensitive information with others to protect their interests and ensure that confidential information remains confidential.
A disclosure agreement typically contains provisions regarding the type of information considered confidential, the duration of the agreement, and the consequences of a breach. The agreement also outlines the responsibilities of each party involved in the agreement and specifies the measures to be taken in the event of a breach.
In Indonesia, PK is governed by the Indonesian Commercial Code (ICC) and the Indonesian Civil Code (ICC). The ICC regulates the terms of the disclosure agreement and outlines the legal framework for breach of contract, while the ICC provides guidance on the consequences of a breach, including compensation and damages.
To ensure a PK is legally binding and enforceable, it is essential to seek legal advice and support in drafting the agreement. This ensures that the agreement is comprehensive, accurate, and meets the legal requirements outlined by Indonesian law.
PK is an essential part of conducting business in Indonesia, where confidentiality is critical in maintaining a competitive advantage and protecting sensitive information. Whether you are a small business owner, entrepreneur, or major corporation, securing confidential information with a disclosure agreement is an important step in protecting your interests and maintaining your business`s integrity.