EMPLOYER PENSION FUND
This group is a pension fund established by an employer for part or all of its employees. Included in this group are businesses to collect and invest funds for the purpose of paying a certain amount of money at retirement. Funding and administration of compulsory social security provided by the government for the benefit of the public or general are included in the 84300 group
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Key requirements to set up a employer pension fund in Indonesia
The following requirements are based on the Indonesian business classification code 65301
- Maximum foreign ownership
- Minimum capital
- Rp. 0 billion
- Local SME partnership required
What is a KBLI 65301?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
65301 stands for employer pension fund
|Section||Financial and insurance activities|
|Division||Insurance, reinsurance and pension funding, except compulsory social security|
|Indonesian class||Employer pension fund|
What are the requirements to set up a employer pension fund in Indonesia?
- This business classification does not allow foreign ownersip.
The process of registering employer pension fund company in Indonesia
The exact process of registering a employer pension fund company depends on the location of your company's registered address.