Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 103

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 103
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 introduce new features and functionality and our ability to improve proven applications for established markets in which we have competitive advantages. We intend to work closely with our customers to continuously enhance the performance, functionality, usability, reliability and flexibility of our applications.

Our software and development team are responsible for the design enhancements, development, testing and certification of the Application. In addition, we may, in the future, utilize third parties for our automated testing, managed upgrades, software development and other technology services.

Seasonality

We have seen seasonality in our revenue and business related to travel patterns. Our revenues are largely reliant on airline and hotel reservations. The first quarter of each calendar year, from January to March, is traditionally the least profitable quarter in terms of revenue generation for OTAs. The second quarter of each calendar year, from April to June, typically experience an increase in travel as compared to the first quarter of the calendar year, as travelers start to spend their budgets. The third quarter of the calendar year, from July to September, typically sees a slight increase in travel revenue. The fourth quarter of the calendar year, from October to December, is generally the most crucial quarter for travel companies. As a result of these travel patterns, we generally expect to receive higher revenues during the fourth quarter.

Regulations

Running an online booking platform in Indonesia requires adherence to several regulations, particularly those concerning e-commerce, consumer protection, data privacy, and standards within the tourism industry. These platforms—which typically provide services such as hotel reservations, flight bookings, transportation options, and tours—must comply with both general business laws and specific regulations governing digital transactions and consumer rights. Here’s a comprehensive overview of the essential regulations and disclosure requirements that online booking platform companies in Indonesia must follow:

Business Licensing and Registration

Our operations are regulated and licensed by Republic of Indonesia. Our platform deals with tourism-related services, including hotel booking, flight reservations and vehicle rentals, and our Company has obtained the business identification number ( nomor induk berusahaor “ NIB”) issued by the Minister of Investment/Investment Coordinating Board of Republic of Indonesia through the Risk Based Approach Online Single Submission (OSS RBA) in accordance with the Government Regulation of Republic of Indonesia No. 5 of 2021 on Implementation of Risk-Based Business Licencing for its business activities which is crucial to operate legally.

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E-commerce regulations

We are also subject to regulations applicable to businesses generally and laws or regulations applicable to online commerce. Currently, few laws and regulations directly apply to the Internet and