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Hong Kong KBLI 08103
EXCAVATION OF GRAVEL (CIRCLE)
This group includes excavation, cleaning and gravel separation efforts. The results of extracting gravel include sandstone, hard lumps and sand gravel
Register a company in Indonesia
Fill in the form below and have a company registered in Indonesia in five working days.
Contact our consultantsKey requirements to set up a excavation of gravel (circle) in Indonesia
The following requirements are based on the Indonesian business classification code 08103
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 08103?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
08
Division
1
Group
0
Class
3
Indonesian class
08103 stands for excavation of gravel (circle)
| KBLI | 08103 |
|---|---|
| Section | Mining and quarrying |
| Division | Other mining and quarrying |
| Group | Quarrying of stone, sand and clay |
| Indonesian class | Excavation of gravel (circle) |
Activities similar to Excavation of gravel (circle)
What are the requirements to set up a excavation of gravel (circle) 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 excavation of gravel (circle) company in Indonesia
The exact process of registering a excavation of gravel (circle) 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.