MANUFACTURE OF LIFTING AND HANDLING EQUIPMENT
This group includes the manufacture of machines for lifting and moving (loading and unloading) goods and people that are moved by hand or power used in factories, warehouses, ports, terminals, railway stations and so on, such as hoist pulleys, winches, rotary or anchor and jack axle; derrick, crane, mobile lifting frame, staddle carriers and so on; working trucks, whether using transportation means and lifting equipment or not, neither equipped with a propeller nor not, and work trucks used in factories (including conveyances by hand and handcarts); mechanical manipulators and robots specially made for transporting, lifting, loading and unloading. Includes goods carriers, teleferics (cable cars) and others, lifts, escalators and pedestrian (movable floors) and parts, components and special equipment for conveyances and lifting equipment. Lifting and moving equipment such as tractors used in the agricultural sector are included in group 28210. Transport and transfer equipment specially made for underground use is included in group 28240.
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Key requirements to set up a manufacture of lifting and handling equipment in Indonesia
The following requirements are based on the Indonesian business classification code 28160
- Maximum foreign ownership
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
What is a KBLI 28160?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
28160 stands for manufacture of lifting and handling equipment
|Section||Manufacture of general-purpose machinery|
|Division||Manufacture of machinery and equipment n.e.c.|
|Indonesian class||Manufacture of lifting and handling equipment|
Activities similar to Manufacture of lifting and handling equipment
- Installation of industrial machinery and equipment
- Aircraft reparation
- Other repair transportation equipment, not motor vehicles
- Repair of other equipment
- Other electrical equipment reparation
- Repair of ships, boats and floating buildings
- Reparasi lokomotif dan gerbong kereta
- Electric motor reparations, generators and transformers
- Reparasi baterai dan akumulator listrik
- Photographic and optical equipment reparation
- Machine repair for specific purposes
- Repair measures, test tools and navigation and controller equipment
What are the requirements to set up a manufacture of lifting and handling equipment 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 lifting and handling equipment company in Indonesia
The exact process of registering a manufacture of lifting and handling equipment 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.