KBLI 16221

CONSTRUCTIONS GOODS INDUSTRY FROM WOODEN

This group includes woodworking businesses for building materials, such as dowels, molding, frames, trim, doors or windows, support poles made of wood, floors or floors of pictorial boards (decorative floors) or pieces or pieces of flooring and others that are made of wood. installed into panels, ceilings, roofs, kerei, wooden stairs and railings, wooden beads and wall boards and nameplate and woodworking for other building materials. Includes industrial movable homes and wooden partitions (excluding stand-alone room dividers or furniture).

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Key requirements to set up a constructions goods industry from wooden in Indonesia

The following requirements are based on the Indonesian business classification code 16221

Maximum foreign ownership
0%
Minimum capital
Rp. 0.05 billion
Local SME partnership required
No

What are the requirements to set up a constructions goods industry from wooden in Indonesia?

Shareholders

  • This business classification does not allow foreign ownersip.

Capital

  • Minimum paid up capital is Rp 50.000.000,00
  • 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 0 Rp0
John Smith Australia Commissioner 0 Rp0
Budianto Indonesia Director 10000 Rp 50.000.000,00
10000 Rp 50.000.000,00

The process of registering constructions goods industry from wooden company in Indonesia

The exact process of registering a constructions goods industry from wooden company depends on the location of your company's registered address.

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