KBLI 85420
CULTURAL EDUCATION
This group includes teaching arts, drama and music. Activities in this group can be called school, studio, class and others. These activities provide formally regulated teaching, especially for hobbies, recreation or for personal development purposes, but the teaching is not aimed at earning a professional diploma, baccalaureate or bachelor's degree. This group includes activities for piano teachers and other music teaching, art teaching, dance teaching and dance studios, drama schools (not academics), fine arts schools (non-academic), performing arts schools (non-academic), photography schools (non-academic) and etc.
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Contact our consultantsKey requirements to set up a cultural education in Indonesia
The following requirements are based on the Indonesian business classification code 85420
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 85420?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
85
Division
4
Group
2
Class
0
Indonesian class
85420 stands for cultural education
KBLI | 85420 |
---|---|
Section | Education |
Division | Other education |
Indonesian class | Cultural education |
Activities similar to Cultural education
What are the requirements to set up a cultural education 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 cultural education company in Indonesia
The exact process of registering a cultural education 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.