REPRODUCTIVE VOICE RECORDING MEDIA AND SOFTWARE
This group includes reproductions of master copy plates or gramophone discs, compact disks or CDs and tapes containing music or audio recordings and reproductions of master copies of software or software and data on disks and magnetic tape. Blank phonograph records, blank cassette tapes, computer tapes and blank diskettes for recording data are included in groups of 26800.The sound recording industry on LPs, cassette tapes and the like is included in groups 59201
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Key requirements to set up a reproductive voice recording media and software in Indonesia
The following requirements are based on the Indonesian business classification code 18201
- Maximum foreign ownership
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
What is a KBLI 18201?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
18201 stands for reproductive voice recording media and software
|Division||Printing and reproduction of recorded media|
|Group||Reproduction of recorded media|
|Indonesian class||Reproductive voice recording media and software|
Activities similar to Reproductive voice recording media and software
What are the requirements to set up a reproductive voice recording media and software 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 reproductive voice recording media and software company in Indonesia
The exact process of registering a reproductive voice recording media and software 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.