ORGANIZATIONAL ACTIVITIES OF NATURAL SCIENCE AND TECHNOLOGY
This group includes the activities of professional organizations engaged in natural science and technology, such as the Indonesian Engineers Association (PII) and the Indonesian Surveyors Association (ISI).
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Key requirements to set up a organizational activities of natural science and technology in Indonesia
The following requirements are based on the Indonesian business classification code 94122
- Maximum foreign ownership
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
What is a KBLI 94122?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
94122 stands for organizational activities of natural science and technology
|Section||Activities of business, employers and professional membership organizations|
|Division||Activities of membership organizations|
|Group||Other service activities|
|Indonesian class||Organizational activities of natural science and technology|
Activities similar to Organizational activities of natural science and technology
- Currency activities and ybdi's activities
- Clothing version activities
- Aktivitas jasa perorangan lainnya ytdl
- Aktivitas spa (sante par aqua)
- Other fitness activities
- Animal activity
- Hair printing activities
- Aktivitas salon kecantikan
- Massage order activities
- Reparation of other households and personality
- Repair of footwear and leather goods
- Repair of furniture and home furnishings
What are the requirements to set up a organizational activities of natural science and technology 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 organizational activities of natural science and technology company in Indonesia
The exact process of registering a organizational activities of natural science and technology 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.