KBLI 77400

LEASING OF INTELLECTUAL PROPERTY AND SIMILAR PRODUCTS, EXCEPT COPYRIGHTED WORKS

This group includes businesses whose activities allow other parties to use non-financial assets in which royalties or license fees are paid to the asset holder. The use of these assets can take various forms, such as reproduction licenses, used in the following processes or production, business operations under the franchise system and others. The owner of non-financial assets can be the creator or not at the same time. activities covered include leasing without option rights (operational leasing) of intangible non-financial assets (not works or copyrights such as books or software) and receiving royalties or licensing fees for use, such as patented entities, trade marks and service mark, brand name, mining or mineral exploration rights,

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Key requirements to set up a leasing of intellectual property and similar products, except copyrighted works in Indonesia

The following requirements are based on the Indonesian business classification code 77400

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

What is a KBLI 77400?

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

77

Division

4

Group

0

Class

0

Indonesian class

77400 stands for leasing of intellectual property and similar products, except copyrighted works

What are the requirements to set up a leasing of intellectual property and similar products, except copyrighted works 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 leasing of intellectual property and similar products, except copyrighted works company in Indonesia

The exact process of registering a leasing of intellectual property and similar products, except copyrighted works 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.

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