AGUS PUTRA LAW FIRM OPENS PROPERTY BUSINESS COOPERATION IN BALI WITH PROFIT SHARING AGREEMENT MECHANISM
Law Firm I Putu Agus Putra Sumardana, SH & Partners is open to establishing business cooperation with foreign entrepreneurs to do property business in Bali such as villas, hotels, homestays, guest hosts, lodgings. In addition to the legal team and licensing team from our Law Firm I Putu Agus Putra Sumardana, SH & Partners also has an experienced Marketing team in developing businesses. We consist of native Balinese people who have a legal team that is able to resolve all legal problems and aspects of property business licensing with mastery of civil law (land law, investment law, trade law) as well as a criminal law team and state administration/state administration, because the property business in Bali also requires government permits/governor permits or Regent permits. Our team is also fluent in foreign languages ??such as English, Russian, Japanese, Spanish and others, this makes it easier for foreign investors to work with our team to deposit business capital and so on.
I Putu Agus Putra Sumardana, SH & Partners builds property business cooperation in Bali with a spirit of family and professional partnership, where we offer property business cooperation in the areas of Nusa Penida, Canggu, Kuta Badung, Sanur, Ubud, Jimbaran and Nusa Dua, because the area is predicted to continue to experience an increase in property value because consumer demand / Foreign Citizens are very high in the area. Where the property business is also supported by the transportation business that we provide to be an additional option for foreign investors (clients). I Putu Agus Putra Sumardana, SH & Partners and foreign investors (clients) will later make a profit sharing agreement, where foreign investors (clients) fully finance the purchase of land and construction of the property. Our team recommends the location of the land to the Client and we and the team will act as supervisors of the construction project, as well as to maintain the property, with all related costs borne by the Client. The points of the profit sharing agreement are as follows:
- Team I Putu Agus Putra Sumardana, SH & Partners will provide all property business options, provide all supporting documents and certificates required related to the property, the Client provides the maintenance costs requested by our Team. The Client will receive the full amount of the client's investment after the sale.
- If there is a loss, the loss will be divided equally between both parties, both Team I Putu Agus Putra Sumardana, SH & Partners and the Client. We always provide financial reports every month or every week.
- Profit Sharing: If there is a profit after the sale of property or rental of property, the profit will be divided fairly between Team I Putu Agus Putra Sumardana, SH & Partners and the Client, each receiving 50% of the net profit or the profit is determined by the foreign Investor (client).
- Net profit is the transaction value (property sale or rental of property) after deducting Investment Capital, Notary Service Fees and Taxes and previously agreed operational costs.
- Duration of Agreement: This agreement will commence on the date it is signed by both parties and will remain in effect until the property is successfully transacted (property sale or property rental) and all profits have been distributed in accordance with this agreement, where everything will be conveyed periodically every day, week or month via email: agusputra.lawyer@gmail.com.
- Dispute Resolution: If a dispute arises from or in connection with this agreement, the parties will prioritize resolving the dispute through joint discussion and negotiation, to reduce the impact/major loss. If the dispute cannot be resolved through joint discussion within 60 days, the parties agree to resolve the dispute through mediation. If mediation fails, the parties may then seek a settlement through civil law in a competent court.
- Besides all that, we, the I Putu Agus Putra Sumardana, SH & Partners Team, will help foreign investors (Clients) who work with us to take care of their business legality and permits in Bali, so that foreign investors (Clients) feel comfortable and can quickly build business cooperation.