The Asset Acknowledgement Form is a critical document in Indonesian business and legal practice, used to formally declare and record ownership of various assets. This document is particularly important in contexts requiring transparent asset declaration, such as corporate governance, regulatory compliance, or institutional requirements. The form is commonly used during company formations, annual declarations, regulatory filings, or when establishing clear records of asset ownership. Under Indonesian law, particularly considering the Indonesian Civil Code (KUHPerdata) and relevant regulatory requirements, the Asset Acknowledgement Form must include specific details about asset identification, ownership verification, and often requires notarial authentication. The document serves as an official record and may be required by financial institutions, regulatory bodies, or corporate governance protocols.
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1. Parties: Identification of the declaring party (asset owner) and the receiving party (typically an institution or authority)
2. Background: Context for the asset acknowledgement, including the purpose of the declaration and any relevant relationships or circumstances
3. Definitions: Key terms used in the document, including specific asset categories and technical terms
4. Asset Declaration: Primary section listing and describing all assets being acknowledged, including their nature, location, and value
5. Ownership Confirmation: Declaration of legitimate ownership and source of the assets
6. Representations and Warranties: Statements confirming the accuracy of the information and legitimacy of asset ownership
7. Declaration of Compliance: Statement confirming compliance with relevant laws and regulations
8. Execution: Formal signing section including space for notarial authentication if required
1. Third Party Rights: Section addressing any existing claims, liens, or encumbrances on the assets - include when assets have known third-party interests
2. Co-ownership Details: Section describing shared ownership arrangements - include when assets are jointly owned
3. Tax Status Declaration: Section confirming tax compliance related to the assets - include when required by tax authorities
4. Foreign Asset Declaration: Additional declarations for overseas assets - include when foreign assets are involved
5. Valuation Methodology: Explanation of how asset values were determined - include for complex assets or when required by authorities
1. Schedule A - Detailed Asset Inventory: Comprehensive list of all assets with detailed descriptions, locations, and values
2. Schedule B - Supporting Documents: List of attached ownership proof documents, titles, and certificates
3. Schedule C - Photographic Evidence: Visual documentation of physical assets where applicable
4. Appendix 1 - Valuation Reports: Professional valuation reports for significant assets
5. Appendix 2 - Registration Documents: Copies of relevant asset registration certificates and documents
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Real Estate
Corporate Services
Government & Public Sector
Legal Services
Investment Management
Insurance
Manufacturing
Mining & Resources
Professional Services
Relevant Teams
Legal
Compliance
Finance
Corporate Secretariat
Risk Management
Asset Management
Treasury
Corporate Governance
Tax
Internal Audit
Relevant Roles
Chief Financial Officer
Compliance Officer
Legal Counsel
Corporate Secretary
Asset Manager
Finance Director
Risk Manager
Company Director
Property Manager
Investment Manager
Treasury Manager
Audit Manager
Tax Manager
Corporate Governance Officer
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