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Hong Kong KBLI 46593
MAJOR TRADING OF LAND TRANSPORTATION EQUIPMENT (NOT CARS, MOTORCYCLES, AND THE LIKE), SPARE PARTS AND ACCESSORIES
This group includes large trading businesses of various kinds of land, motorized or non-motorized transportation (non-cars, motorbikes and the like), including large-scale trading businesses of various parts and accessories.
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Contact our consultantsKey requirements to set up a major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories in Indonesia
The following requirements are based on the Indonesian business classification code 46593
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 46593?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
46
Division
5
Group
9
Class
3
Indonesian class
46593 stands for major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories
| KBLI | 46593 |
|---|---|
| Section | Wholesale and retail trade; repair of motor vehicles and motorcycles |
| Division | Wholesale of machinery, equipment and supplies |
| Group | Wholesale trade, except of motor vehicles and motorcycles |
| Indonesian class | Major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories |
Activities similar to Major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories
- Major trading of other products ytdl
- Non-specialized wholesale trade
- Great trading of paper and carton
- Great trade of paper and carton goods
- Perdagangan besar barang bekas dan sisa-sisa tak terpakai (scrap)
- Major trading of laboratory, pharmaceutical and medicine equipment
- Great trading of rubber and plastics in basic form
- Major trading of basic chemical materials and goods
- Major trading of fertilizer and agrochemical products
- Major trade paint
- Trading a great variety of building materials
- Perdagangan besar bahan konstruksi lainnya
What are the requirements to set up a major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories 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 major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories company in Indonesia
The exact process of registering a major trading of land transportation equipment (not cars, motorcycles, and the like), spare parts and accessories 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.