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Hong Kong KBLI 93124
FIELD TENNIS CLUB
This group includes professional, semi-professional or amateur tennis club organizations or clubs that provide their members with the opportunity to participate in sports activities, whether they provide places and facilities for sports or not.
Register a company in Indonesia
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Contact our consultantsKey requirements to set up a field tennis club in Indonesia
The following requirements are based on the Indonesian business classification code 93124
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 93124?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
93
Division
1
Group
2
Class
4
Indonesian class
93124 stands for field tennis club
| KBLI | 93124 |
|---|---|
| Section | Arts, entertainment and recreation |
| Division | Sports activities |
| Group | Sports activities and amusement and recreation activities |
| Indonesian class | Field tennis club |
Activities similar to Field tennis club
What are the requirements to set up a field tennis club 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 field tennis club company in Indonesia
The exact process of registering a field tennis club 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.