NOTARY ACTIVITIES AND OFFICERS OF LAND ASSET PLANTS
This group includes the activities of notaries public, and other activities of general notaries, civil law notaries, and other activities of bailiffs, arbitrators, examiners and liperi. Included in this group are activities related to the sale and purchase agreement of land and buildings by the official who makes land deeds
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Key requirements to set up a notary activities and officers of land asset plants in Indonesia
The following requirements are based on the Indonesian business classification code 69104
- Maximum foreign ownership
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
What is a KBLI 69104?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
69104 stands for notary activities and officers of land asset plants
|Division||Legal and accounting activities|
|Group||Professional, scientific and technical activities|
|Indonesian class||Notary activities and officers of land asset plants|
Activities similar to Notary activities and officers of land asset plants
- Other professional, scientific and technical activities ytdl
- Animal health activities
- Aktivitas konsultasi bisnis dan broker bisnis
- Air transport activities specifically for protection, surveys and mapping
- Translator or interpreter activities
- Community opinions
- Specialized design activities
- Photographic activities
- Other social and humanioral science research and development.
- Market research
- Research and arts development
What are the requirements to set up a notary activities and officers of land asset plants 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 notary activities and officers of land asset plants company in Indonesia
The exact process of registering a notary activities and officers of land asset plants 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.