In an effort to increase the quantity and quality of a country's production, it is necessary to carry out international trade activities, namely exports and imports. Each country has requirements & permits that need to be met. In Indonesia itself, individuals and companies who wish to carry out export and import activities must have a special permit from the government.
Undername rental is a service activity of lending/renting export permits or import permits owned by third parties to parties who do not/do not yet have permits to carry out export and import activities.
As an illustration, PT A does not yet have a license to carry out export or import activities to/from abroad. Meanwhile, PT B already has a license to export and import. PT B may offer to lend its license to PT A, so that PT A can carry out export/import activities. In the Goods Export/Import Notification (PEB/PEB) document the name of PT A will appear as the owner of the goods, and PT B as the license owner will appear as the Exporter/Importer.
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