KBLI 24202

NON-IRON BASIC METAL MANUFACTURING INDUSTRY

This group includes businesses in refining, smelting, blending and pouring non-ferrous metals in basic forms (ingots, billets, slabs, rods, pellets, blocks, sheets, pigs, alloys and powders) such as brass ingots, aluminum ingots, zinc ingots, copper ingots, tin ingots, brass billets, aluminum billets, brass slabs, aluminum slabs, brass rods, aluminum rods, brass pellets, aluminum pellets, bronze alloys, nickel alloys and anti-friction metals (bearing metal)

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Key requirements to set up a non-iron basic metal manufacturing industry in Indonesia

The following requirements are based on the Indonesian business classification code 24202

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

What is a KBLI 24202?

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

24

Division

2

Group

0

Class

2

Indonesian class

24202 stands for non-iron basic metal manufacturing industry

What are the requirements to set up a non-iron basic metal manufacturing 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 non-iron basic metal manufacturing industry company in Indonesia

The exact process of registering a non-iron basic metal manufacturing 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.

Let's register your company in Indonesia

Get in touch with Emerhub by filling in the form below and our consultants will reach out to you within a few working hours.