MANUFACTURE OF CARPETS AND RUGS
This group includes businesses in the manufacture of carpets and rugs and the like, which are made of fibers, whether natural, synthetic or blended fibers, whether through weaving, tufting, braiding, flocking and needle punching. Including the industry of floor covering made of lakan or felt made of needle loom. Carpets made of cork, rubber or plastic materials are assigned to groups 16299, 22191 or 22210 respectively. Floor cloths with a hard surface coating are included in groups 13999
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Key requirements to set up a manufacture of carpets and rugs in Indonesia
The following requirements are based on the Indonesian business classification code 13930
- Maximum foreign ownership
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
What is a KBLI 13930?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
13930 stands for manufacture of carpets and rugs
|Section||Manufacture of other textiles|
|Division||Manufacture of textiles|
|Indonesian class||Manufacture of carpets and rugs|
Activities similar to Manufacture of carpets and rugs
- Installation of industrial machinery and equipment
- Aircraft reparation
- Other repair transportation equipment, not motor vehicles
- Repair of other equipment
- Reparasi lokomotif dan gerbong kereta
- Other electrical equipment reparation
- Repair of ships, boats and floating buildings
- Photographic and optical equipment reparation
- Electric motor reparations, generators and transformers
- Reparasi baterai dan akumulator listrik
- Machine repair for specific purposes
- Repair measures, test tools and navigation and controller equipment
What are the requirements to set up a manufacture of carpets and rugs in Indonesia?
- At least two shareholders
- Maximum of 100% of the shares can be held by foreign shareholders.
- 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.
- 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|
The process of registering manufacture of carpets and rugs company in Indonesia
The exact process of registering a manufacture of carpets and rugs 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.