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Hong Kong KBLI 55900
OTHER ACCOMMODATION
This group includes the business of providing lodging services for a long period of time. Including efforts to provide accommodation for longer or temporary periods either single rooms or shared rooms or dormitories for students, seasonal workers and the like. For example, the activities of providing accommodation include student residences, school dormitories, workers' dormitories or lodges and boarding houses, either with meals or not with meals.
Register a company in Indonesia
Fill in the form below and have a company registered in Indonesia in five working days.
Contact our consultantsKey requirements to set up a other accommodation in Indonesia
The following requirements are based on the Indonesian business classification code 55900
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 55900?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
55
Division
9
Group
0
Class
0
Indonesian class
55900 stands for other accommodation
| KBLI | 55900 |
|---|---|
| Section | Accommodation |
| Division | Accommodation and food service activities |
| Group | Other accommodation |
| Indonesian class | Other accommodation |
Activities similar to Other accommodation
What are the requirements to set up a other accommodation 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 other accommodation company in Indonesia
The exact process of registering a other accommodation 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.
