Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Import Agreement
I need an import agreement for purchasing electronic components from a supplier in China, with terms specifying delivery within 30 days, payment via letter of credit, and compliance with Indonesian import regulations. The agreement should also include clauses for quality assurance, dispute resolution, and penalties for late delivery.
What is an Import Agreement?
An Import Agreement sets out the legal terms between an overseas supplier and an Indonesian buyer for bringing goods into the country. It covers essential details like product specifications, pricing, delivery schedules, and payment terms while ensuring compliance with Indonesia's import regulations and customs requirements.
These agreements must align with Law No. 7/2014 on Trade and Ministry of Trade regulations for importing goods. They typically include provisions for quality inspections, import licensing, duties and taxes, plus methods for handling disputes under Indonesian law. For regulated items like food, electronics, or textiles, additional permits and compliance documentation form key parts of the agreement.
When should you use an Import Agreement?
Use an Import Agreement when planning to bring goods into Indonesia from international suppliers, especially for regular or high-value shipments. This document becomes essential before finalizing any overseas purchasing arrangements, as it helps navigate Indonesia's complex import regulations and prevents costly customs delays.
The agreement is particularly important when importing regulated items like food products, electronics, or industrial machinery. It provides clear documentation for customs clearance, helps secure necessary import licenses, and establishes legal protection if shipments face quality issues or delivery disputes. Many Indonesian banks also require a proper Import Agreement before processing letters of credit or trade financing.
What are the different types of Import Agreement?
- Basic Single-Shipment Agreements: Cover one-time imports with straightforward payment and delivery terms
- Long-Term Supply Import Agreements: Structure ongoing import relationships with regular shipment schedules
- Regulated Goods Agreements: Include additional compliance provisions for restricted items like food, pharmaceuticals, or electronics
- Distributor Import Agreements: Combine import rights with distribution terms for Indonesian market sales
- Manufacturing Input Agreements: Focus on raw materials or components with specific quality requirements and just-in-time delivery schedules
Who should typically use an Import Agreement?
- Indonesian Importers: Companies or individuals who purchase and bring foreign goods into Indonesia, responsible for compliance with local import regulations
- Foreign Suppliers: Overseas manufacturers or traders who sell and ship products to Indonesian buyers
- Customs Brokers: Licensed professionals who handle import documentation and clearance procedures
- Trade Lawyers: Draft and review Import Agreements to ensure legal compliance and protect client interests
- Banks: Process letters of credit and verify trade documentation for international transactions
- Government Agencies: Monitor compliance with import regulations and issue necessary permits
How do you write an Import Agreement?
- Product Details: Gather exact specifications, quantities, quality standards, and packaging requirements
- Import Classifications: Check HS codes and confirm if goods require special permits under Indonesian regulations
- Supplier Information: Collect complete company details, export licenses, and manufacturing certifications
- Payment Terms: Define payment method, currency, and documentation requirements for letters of credit
- Delivery Schedule: Specify Incoterms, shipping methods, and customs clearance responsibilities
- Compliance Review: Verify agreement meets Ministry of Trade requirements and includes mandatory import provisions
What should be included in an Import Agreement?
- Party Details: Full legal names, addresses, and registration numbers of importer and supplier
- Product Description: Detailed specifications, quantities, and quality standards as per Indonesian SNI requirements
- Trade Terms: Incoterms, delivery schedule, and shipping documentation requirements
- Payment Provisions: Currency, payment method, and banking arrangements
- Compliance Clauses: Import license requirements and customs clearance procedures
- Dispute Resolution: Choice of Indonesian law and jurisdiction for legal proceedings
- Force Majeure: Provisions covering shipping delays and unforeseen circumstances
What's the difference between an Import Agreement and an Access Agreement?
Import Agreements differ significantly from Agency Agreements in Indonesian trade law, though both can involve international business transactions. While Import Agreements focus on the direct purchase and import of goods, Agency Agreements establish a relationship where one party represents another in business dealings.
- Purpose and Scope: Import Agreements specifically cover product specifications, customs requirements, and delivery terms for bringing goods into Indonesia. Agency Agreements instead focus on representation rights, commission structures, and market development.
- Legal Requirements: Import Agreements must comply with Ministry of Trade import regulations and customs laws. Agency Agreements follow different regulatory frameworks under Indonesian commercial law and agency regulations.
- Duration and Flexibility: Import Agreements often cover specific shipments or fixed-term supply arrangements. Agency Agreements typically establish longer-term relationships with broader territory rights and ongoing obligations.
- Risk Distribution: Import Agreements place direct liability on the importer for customs compliance. Agency Agreements distribute risks between principal and agent, focusing on market representation and sales performance.
Download our whitepaper on the future of AI in Legal
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.