Indonesia
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Hong Kong KBLI 10295
MULTIPLE WATER BIOTA INDUSTRY OR FERMENTATION INDUSTRY
This group includes the business of processing and preserving crustaceans, molluscs and other aquatic biota through the fermentation or fermentation process.
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Contact our consultantsKey requirements to set up a multiple water biota industry or fermentation industry in Indonesia
The following requirements are based on the Indonesian business classification code 10295
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 10295?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
10
Division
2
Group
9
Class
5
Indonesian class
10295 stands for multiple water biota industry or fermentation industry
| KBLI | 10295 |
|---|---|
| Section | Manufacture of food products |
| Division | Manufacturing |
| Group | Processing and preserving of fish, crustaceans and molluscs |
| Indonesian class | Multiple water biota industry or fermentation industry |
Activities similar to Multiple water biota industry or fermentation industry
- Other biota water cooling or testing industry
- Sea grass processing industry
- Other processing and preservation industry for other water biota
- Other biota water protection industry
- Multiple water biota industry or fermentation industry
- Other biota water based industries
- Other biota water salt or drying industry
- Other biota water figure or grilling industry
- Industri pembekuan biota air lainnya
- Other processing and preserving industry for fish
- Manufacture of processing and preserving of fish and water biota (not shrimp) in can
- Industry of processing and preserving of shrimp in can
What are the requirements to set up a multiple water biota industry or fermentation industry 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 multiple water biota industry or fermentation industry company in Indonesia
The exact process of registering a multiple water biota industry or fermentation industry 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.