This group includes mining operations, drilling various qualities of coal such as anthracite, bituminous and subbitominous, either above-ground or underground mining, including mining by liquefaction. These mining operations include excavation, crushing, washing, filtering and mixing and compaction to improve quality or facilitate transportation and storage or storage. Includes searching for coal from a culm bank
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Key requirements to set up a coal mining in Indonesia
The following requirements are based on the Indonesian business classification code 05101
- Maximum foreign ownership
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
What is a KBLI 05101?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
05101 stands for coal mining
|Section||Mining and quarrying|
|Division||Mining of coal and lignite|
|Group||Mining of hard coal|
|Indonesian class||Coal mining|
Activities similar to Coal mining
What are the requirements to set up a coal mining in Indonesia?
- At least two shareholders
- Maximum of 100% of the shares can be held by foreign shareholders.
- 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.
- 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|
The process of registering coal mining company in Indonesia
The exact process of registering a coal mining 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.