KBLI 56305

HOME OR TRADITIONAL MEDICINE HOUSE

This group includes types of businesses that are located in part or all of a permanent building that sells and serves herbal drinks or traditional medicines to the public at their place of business, whether they are equipped with equipment or equipment for the manufacturing and storage process or not and have either received a decision letter as a herbal medicine house. from agencies that have built it or not. This group also includes the business of providing drinking services that serve ready-to-consume herbal drinks which go through the manufacturing process in a fixed place that can be moved or dismantled, usually using tents, such as a herbal medicine shop.

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Key requirements to set up a home or traditional medicine house in Indonesia

The following requirements are based on the Indonesian business classification code 56305

Maximum foreign ownership
100%
Minimum capital
Rp. 2.5 billion
Local SME partnership required
No

What is a KBLI 56305?

A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.

56

Division

3

Group

0

Class

5

Indonesian class

56305 stands for home or traditional medicine house

What are the requirements to set up a home or traditional medicine house 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 home or traditional medicine house company in Indonesia

The exact process of registering a home or traditional medicine house 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.

Let's register your company in Indonesia

Get in touch with Emerhub by filling in the form below and our consultants will reach out to you within a few working hours.