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Hong Kong KBLI 01139
HORTICULTURAL ACTIVITIES
This group includes agricultural businesses ranging from land processing, planting, maintenance, as well as harvesting and post-harvest activities if they become a unit of other vegetable horticultural activities which are harvested more than once; and other vegetable farming. This includes other vegetable nurseries and seedlings, except for beet seeds.
Register a company in Indonesia
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Contact our consultantsKey requirements to set up a horticultural activities in Indonesia
The following requirements are based on the Indonesian business classification code 01139
- Maximum foreign ownership
- 30%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 01139?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
01
Division
1
Group
3
Class
9
Indonesian class
01139 stands for horticultural activities
| KBLI | 01139 |
|---|---|
| Section | Agriculture, forestry and fishing |
| Division | Crop and animal production, hunting and related service activities |
| Group | Growing of non-perennial crops |
| Indonesian class | Horticultural activities |
Activities similar to Horticultural activities
- Other agricultural plants ytdl
- Agriculture seeding of flower plants
- Agriculture of grass plants and animal food plants
- Seeding bits (not sugar bits) and animal food plant seeds
- Flower plant agriculture
- Growing of sugar cane
- Growing of tobacco
- Growing of fibre crops
- Mushroom farm
- Agriculture of bit sugar and soanning plants not cane
- Horticultural activities
- Agriculture of aneka umbi palawija
What are the requirements to set up a horticultural activities in Indonesia?
Shareholders
- At least two shareholders
- Maximum of 30% of the shares can be held by foreign shareholders. Indonesian shareholders must hold at least 70% of the shares.
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 | 2250 | Rp562500000 | |
| John Smith | Australia | Commissioner | 750 | Rp187500000 |
| Budianto | Indonesia | Director | 7000 | Rp 1.750.000.000,00 |
| 10000 | Rp 2.500.000.000,00 | |||
The process of registering horticultural activities company in Indonesia
The exact process of registering a horticultural activities company depends on the location of your company's registered address.