Legal Due Diligence
Comprehensive legal audit of target companies — corporate, contracts, permits, litigation, employment, and IP.
Integra Law Office handles mergers, acquisitions, and corporate restructurings in Surabaya — from due diligence and deal structuring through to regulatory filings and post-closing integration. We represent buyers, sellers, and investors across East Java.
Surabaya's economy — driven by manufacturing, trading, and services — generates steady M&A activity. Companies acquire competitors, investors buy into established businesses, and foreign investors enter the market through share purchases or asset deals. Every transaction requires careful legal structuring.
Indonesian M&A is regulated primarily by the Company Law (UU 40/2007) and Government Regulation 57/2010 on Merger and Consolidation. Cross-border transactions may trigger KPPU (competition authority) notification, BKPM approval, and tax considerations. Missing any of these can invalidate the transaction or create post-closing liabilities.
We handle M&A transactions across East Java — from mid-market acquisitions to cross-border investments. Our approach combines legal precision with commercial understanding, ensuring deals close on time with risks properly allocated.
Acquiring a company or business unit and needing due diligence, SPA drafting, and transaction management.
Selling your company and needing to prepare for sale — vendor due diligence, SPA negotiation, and closing.
Structuring a merger, consolidation, or spin-off under Indonesian corporate law.
Investing in an Indonesian company and needing shareholder agreements, share purchase documentation, and regulatory approvals.
Requiring KPPU notification or approval for a transaction that may trigger competition thresholds.
Needing post-closing support — integration, regulatory filings, and dispute resolution.
The Company Law (UU 40/2007) governs mergers, consolidations, acquisitions, and spin-offs. Key requirements include: creditor and employee notification, GMS approval with specific quorum and voting thresholds, and AHU registration of the merger deed.
PP 57/2010 requires post-merger notification to KPPU if the combined asset or turnover thresholds are met. Foreign ownership in the merged entity must comply with the Positive Investment List (Perpres 10/2021). Tax implications — including income tax on asset transfers and VAT considerations — must be structured carefully.
We take a structured approach to M&A: scoping, due diligence, deal structuring, documentation, negotiation, and closing. Each phase has defined deliverables and timelines. We maintain deal momentum while ensuring nothing is overlooked.
Our due diligence is thorough — we identify issues that affect valuation and deal structure, not just legal compliance. We present findings in clear, actionable reports that help clients make informed decisions.
Comprehensive legal audit of target companies — corporate, contracts, permits, litigation, employment, and IP.
SPA drafting, negotiation, and closing — share deals, asset deals, and hybrid structures.
End-to-end merger process — planning, GMS, creditor notification, AHU registration, and tax structuring.
KPPU notification, competition analysis, and regulatory compliance for M&A transactions.
Integration legal support, regulatory filings, transfer of permits, and post-closing dispute resolution.
In a share deal, the buyer acquires the target company's shares — taking on all assets and liabilities (including unknown ones). In an asset deal, the buyer acquires specific assets and can cherry-pick liabilities. Share deals are simpler but riskier; asset deals are more complex but provide better liability protection.
Typical mid-market M&A transactions take 3-6 months from LOI to closing. Complex cross-border deals may take longer due to regulatory approvals. Due diligence alone typically requires 2-4 weeks.
No. KPPU notification is required only if the combined assets or turnover exceed the thresholds in PP 57/2010. Many mid-market transactions fall below these thresholds. However, all mergers must comply with notification requirements within 30 days of effectiveness.
Legal due diligence in Surabaya for M&A, investment, and compliance. Comprehensive legal audits covering corporate, contracts, permits, litigation, employment, and assets across East Java.
Merger and acquisition lawyer in Surabaya. M&A transactions, due diligence, deal structuring, and regulatory compliance for acquisitions in East Java.
Joint venture lawyer in Surabaya. JV agreements, partner selection, governance structures, and regulatory compliance for joint ventures in East Java.
Shareholders agreement lawyer in Surabaya. SHA drafting, governance provisions, tag-along/drag-along rights, and dispute resolution mechanisms.
Describe your M&A transaction. A senior partner will respond within one business day.
Last reviewed: · by Budiarmanto Setyo Hutomo, S.H., M.H.