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Hong Kong KBLI 47191
RETAIL TRADE OF VARIOUS KINDS OF GOODS WHICH ARE NOT MAINLY FOOD, DRINKING OR TOBACCO AT TOSERBA (DEPARTMENT STORE)
This group includes retail trading businesses of various types of goods which are primarily not food, beverages or tobacco in department stores, which are integrated under one management. In general, traded goods include clothing, furniture, jewelry, children's toys, sports equipment and cosmetics
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Contact our consultantsKey requirements to set up a retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store) in Indonesia
The following requirements are based on the Indonesian business classification code 47191
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 47191?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
47
Division
1
Group
9
Class
1
Indonesian class
47191 stands for retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store)
| KBLI | 47191 |
|---|---|
| Section | Retail sale in non-specialized stores |
| Division | Retail trade, except of motor vehicles and motorcycles |
| Group | Wholesale and retail trade; repair of motor vehicles and motorcycles |
| Indonesian class | Retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store) |
Activities similar to Retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store)
- Retail trading of paper, paper goods, stationery, printing goods, sporting tools, music tools, photography and computer tools
- Perdagangan eceran keliling barang kerajinan, mainan anak-anak dan lukisan
- Non-store retail trading, kios, five foot and other market los ytdl
- Perdagangan eceran keliling tekstil, pakaian, alas kaki dan barang keperluan pribadi
- Retail trading household and kitchen equipments
- Retail trade running fuel and lubricating oil
- Perdagangan eceran keliling komoditi makanan dari hasil pertanian
- Retail trade on food, beverage or tobacco commodities processed industry
- Retail trading of chemicals, pharmacies, cosmetics and laboratory equipment
- Retail trading through the media for a variety of other goods
- Retail trade on a fee for service (fee) or contract
- Retail trade through media for textile commodities, clothes, footwears and personal purpose goods
What are the requirements to set up a retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store) 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 retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store) company in Indonesia
The exact process of registering a retail trade of various kinds of goods which are not mainly food, drinking or tobacco at toserba (department store) 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.
