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Hong Kong KBLI 03114
CATCHING OR TAKING OF WATER PLANTS IN THE SEA
This group includes the business or activity of capturing or extracting all types of aquatic plants, such as algae, seaweed, sea algae and ornamental plants in the sea, river estuaries, lagoons and other places affected by tides.
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Contact our consultantsKey requirements to set up a catching or taking of water plants in the sea in Indonesia
The following requirements are based on the Indonesian business classification code 03114
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 03114?
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
4
Indonesian class
03114 stands for catching or taking of water plants in the sea
| KBLI | 03114 |
|---|---|
| Section | Agriculture, forestry and fishing |
| Division | Fishing |
| Group | Fishing and aquaculture |
| Indonesian class | Catching or taking of water plants in the sea |
Activities similar to Catching or taking of water plants in the sea
- Jasa pasca panen budidaya ikan air payau
- Cultivation of other brawn water biota
- Production services for broken water fish cultivation
- Production services for broken water fish cultivation
- Enlargement of broken water mollusca
- Enlargement of broken water crustacea
- Enlargement of broken water plants
- Post-harvest services fresh water fish cultivation
- Enlargement of pisces or broken water fish
- Broken water fish seedings
- Production services for sea fish cultivation
- Post-harvest services for sea fish cultivation
What are the requirements to set up a catching or taking of water plants 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 or taking of water plants in the sea company in Indonesia
The exact process of registering a catching or taking of water plants 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.