KBLI 47914

RETAIL TRADE THROUGH MEDIA FOR MIXED GOODS AS SUCH IN 47911 SD 47913

This group includes retail trading businesses of various types of mixed goods as mentioned in 47911 to 47913 by order (mail, telephone or internet) and the goods will be sent to the buyer according to the desired goods based on catalog, advertisement, model, telephone, radio, television, internet. , mass media and the like

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Key requirements to set up a retail trade through media for mixed goods as such in 47911 sd 47913 in Indonesia

The following requirements are based on the Indonesian business classification code 47914

Maximum foreign ownership
100%
Minimum capital
Rp. 10 billion
Local SME partnership required
No

What is a KBLI 47914?

A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.

47

Division

9

Group

1

Class

4

Indonesian class

47914 stands for retail trade through media for mixed goods as such in 47911 sd 47913

What are the requirements to set up a retail trade through media for mixed goods as such in 47911 sd 47913 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 10.000.000.000,00
  • 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 Rp7500000000
John Smith Australia Commissioner 2500 Rp2500000000
Budianto Indonesia Director 0 Rp 0,00
10000 Rp 10.000.000.000,00

The process of registering retail trade through media for mixed goods as such in 47911 sd 47913 company in Indonesia

The exact process of registering a retail trade through media for mixed goods as such in 47911 sd 47913 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.

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