KBLI 03111

CATCHING OF PISCES OR FISH IN THE SEA

This group includes businesses or activities to catch pisces or fin fish such as large pelagic fish groups (big eye tuna, yellowfin tuna, albacore, skipjack, tiger shark, saw shark, shark mouse or monkey, cucut lanyam, hammerhead shark or capingan, bottle cucumbers, etc.) small pelagic fish (flying fish, lemuru, julung-roll fish, etc.), demersal fish (black pomfret, white pomfret, tongue fish, bat stingray, tiger stingray, baracuda, etc.) , reef fish (banana-banana fish, blue line fish, humpback grouper, honeycomb fish, leopard fish, yellow baronang fish, etc.) and other fish in the sea, river estuaries, lagoons and other places affected by tides. This includes the activities of ships that are used both for fishing and for processing and preserving fish.

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Key requirements to set up a catching of pisces or fish in the sea in Indonesia

The following requirements are based on the Indonesian business classification code 03111

Maximum foreign ownership
100%
Minimum capital
Rp. 2.5 billion
Local SME partnership required
No

What is a KBLI 03111?

A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.

03

Division

1

Group

1

Class

1

Indonesian class

03111 stands for catching of pisces or fish in the sea

KBLI 03111
Section Agriculture, forestry and fishing
Division Fishing
Group Fishing and aquaculture
Indonesian class Catching of pisces or fish in the sea

Activities similar to Catching of pisces or fish in the sea

What are the requirements to set up a catching of pisces or fish in the sea 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 catching of pisces or fish in the sea company in Indonesia

The exact process of registering a catching of pisces or fish in the sea 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.

Let's register your company in Indonesia

Get in touch with Emerhub by filling in the form below and our consultants will reach out to you within a few working hours.