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Hong Kong KBLI 77306
BUSINESS RENTALS AND RENTALS WITHOUT RIGHTS OF ENGINEERING AND CONSTRUCTION EQUIPMENT AND CIVIL ENGINEERING
This group includes leasing and leasing activities without option rights (operational leasing) of construction machinery and equipment and civil engineering including equipment without its operators, such as crane lorries, ladders and work platforms (scaffold and work platform) excluding installation and erection and the like. Rental of construction machinery and equipment and civil engineering including their equipment with the operator is included in 43905. Financial leasing of construction and civil engineering machinery and equipment is included in 64910.
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Contact our consultantsKey requirements to set up a business rentals and rentals without rights of engineering and construction equipment and civil engineering in Indonesia
The following requirements are based on the Indonesian business classification code 77306
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 77306?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
77
Division
3
Group
0
Class
6
Indonesian class
77306 stands for business rentals and rentals without rights of engineering and construction equipment and civil engineering
| KBLI | 77306 |
|---|---|
| Section | Administrative and support service activities |
| Division | Rental and leasing activities |
| Group | Renting and leasing of other machinery, equipment and tangible goods |
| Indonesian class | Business rentals and rentals without rights of engineering and construction equipment and civil engineering |
Activities similar to Business rentals and rentals without rights of engineering and construction equipment and civil engineering
- Business rentals and rentals without option rights of office machines and equipment
- Aktivitas penyewaan dan sewa guna usaha tanpa hak opsi mesin, peralatan dan barang berwujud lainnya ytdl
- Aktivitas penyewaan dan sewa guna usaha tanpa hak opsi alat transportasi udara
- Business rentals and rentals without option rights of agricultural machines and equipment
- Business rentals and rentals without rights of engineering and construction equipment and civil engineering
- Business rentals and rentals without option rights of industrial machines and equipment
- Business rentals and rentals without land transportation tools are not four or more wheel motorcycle vehicles
- Business rentals and rentals without water transportation equipment option rights
What are the requirements to set up a business rentals and rentals without rights of engineering and construction equipment and civil engineering in Indonesia?
Shareholders
- At least two shareholders
- Maximum of 100% of the shares can be held by foreign shareholders.
Capital
- Minimum paid up capital is Rp 2.500.000.000,00
- Paid-up capital will not be injected in the company during the registration process. Instead, the shareholders issue a statement letter that at least the amount of minimum paid-up capital will be injected to the company once the registration is completed.
Corporate structure
- At least one director. At least one of the directors must be an Indonesian resident. The directors are in charge of the daily operations of the company.
- At least one commissioner. Commissioners are overseeing the work of directors on behalf of the shareholders.
- The same person cannot be both a director and a commissioner.
- There is no requirement for the director or commissioner to hold shares in the company.
- Registered address in a building with the correct building permit.
Example of typical shareholder table
| Name | Country of origin | Role | Shares | Capital contribution |
|---|---|---|---|---|
| Smith Industries Ltd. | Australia | 7500 | Rp1875000000 | |
| John Smith | Australia | Commissioner | 2500 | Rp625000000 |
| Budianto | Indonesia | Director | 0 | Rp 0,00 |
| 10000 | Rp 2.500.000.000,00 | |||
The process of registering business rentals and rentals without rights of engineering and construction equipment and civil engineering company in Indonesia
The exact process of registering a business rentals and rentals without rights of engineering and construction equipment and civil engineering company depends on the location of your company's registered address.
The fastest way to register a company in Indonesia is in South Jakarta (Jakarta Selatan), using Emerhub's registered address. This cuts down the registration time to five working days.
In Bali, the typical registration time is 3-4 weeks. Elsewhere in Indonesia the registration times vary between 2-6 weeks.